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Sensex tumbles over 550 points, Nifty falls below 24,250 as Iran-US conflict escalates
Indian stock markets experienced a decline on Wednesday as oil prices surged. Benchmark indices Sensex and Nifty fell significantly due to renewed Iran-US conflict escalations. Broader market indices also slipped into the red, reflecting widespread bearish sentiment. Foreign investors, however, continued their buying trend for a fifth consecutive session. The Indian rupee opened lower against the US dollar amid these developments.
Cochin Shipyard OFS opens today for retail investors. Should you participate in this defence stock offer? - livemint.com
Cochin Shipyard OFS opens today for retail investors. Should you participate in this defence stock offer?livemint.com
Rupee falls to 95.17 against dollar: Here's what is driving the currency lower
Indian rupee weakens to 95.17 per US dollar amid rising crude oil prices, higher US Treasury yields, and West Asia tensions.
Gold, Silver Rate Today: MCX gold price falls near ₹1.45 lakh per 10 grams, silver eases amid escalating US-Iran war
Gold, Silver Rate Today: Gold and silver prices in India opened lower on MCX, following weakness in global bullion prices, as escalation in the tensions between the US and Iran in the Middle East stoked inflation fears and lifted dollar.
Cochin Shipyard shares dip 2% as govt’s OFS opens for retail investors today
Cochin Shipyard shares fell over 2% as the Centre's OFS opens for retail investors after the non-retail portion was subscribed 3.52 times. The government plans to sell up to a 5.04% stake, potentially raising around Rs 1,800 crore. The stock has delivered multibagger long-term returns despite recent weakness, with shares down over 29% in the past year.
Rupee falls 20 paise to open at 95.17 against US dollar amid rise in crude oil prices
Indian rupee fell to 95.17 against the US dollar due to rising crude oil prices and US Treasury yields, amid geopolitical tensions. Despite recent support from foreign portfolio investments, concerns over inflation persist, challenging the rupee's stability.
NBFC credit grows 14.2% in May, led by nearly 70% jump in gold loans: RBI
NBFC gold loans surged 69.9% in May 2026, fastest-growing segment. RBI data shows overall NBFC credit up 14.2%, retail loans lead growth.
Cochin Shipyard OFS opens for retail investors today — Here's how you can subscribe
Cochin Shipyard's Offer For Sale, which was open for Non-retail investors on Tuesday, was oversubscribed 3.52 times, leading to the government announcing that it will be exercising the entire greenshoe option to sell another 2.5% stake in the shipbuilder.
Q1FY27 earnings preview: Oil & gas, aviation brace for crude impact
Q1 earnings preview: ICICI Securities said that OMCs could report significant losses, driven by higher retail fuel losses, inventory losses and a sharp rise in LPG under-recovery.
Gold near one-week low, silver extends losses: Key factors behind the fall
Gold and silver prices fell due to a stronger US dollar, rising oil prices, and increased expectations of a September US Federal Reserve rate hike.
Indian Navy secures safe passage for crude tanker Omega Trader through Hormuz
India and the Indian Navy have secured the safe passage of the Omega Trader tanker. This vessel carries 23 crew members, including 15 Indian nationals, to Sikka in Gujarat. The development occurs amid heightened security concerns in the Strait of Hormuz region. Recent attacks on commercial vessels have escalated tensions in this vital waterway. The United States launched strikes against Iran in response to these shipping incidents.
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today - 8 July 2026 - livemint.com
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today - 8 July 2026livemint.com