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May Core Sector Growth Slumps To 0.5%, Lowest In Seven Months
The slowdown was led by a sharp decline in coal production, which contracted 9.3% year-on-year during the month.
European natural gas edges up as as traders weigh Hormuz transit, U.S.-Iran talks - Investing.com India
European natural gas edges up as as traders weigh Hormuz transit, U.S.-Iran talksInvesting.com India
Why US-Iran MoU Won't Bring Down Flight Rates In Near Future
In fuel cycles in the United States, declining oil prices frequently set off a capacity race that resulted in cheaper fares.
Chennai Petroleum gains after receiving Navratna status
Chennai Petroleum Corporation advanced 1.43% to Rs 1,114 after the Department of Public Enterprises granted Navratna Status to the company.
Sensex rises 291 points, Nifty tops 24,100 on cooling crude and FII support
Domestic equities advanced on Monday as cooling oil prices and fresh FII inflows fuelled risk appetite. Buying in heavyweight Reliance Industries and healthcare counters propelled the Nifty past the 24,100 level. The gains were partly offset by weakness in consumer durables and FMCG stocks.
Kirloskar Oil Engines among 5 capital goods stocks hit 52-week highs, rally up to 45% in a month
Five capital goods stocks, led by Kirloskar Oil Engines, touched fresh 52-week highs on Monday, delivering gains of up to 45% over the past month amid strong market momentum.
Nifty June futures trade at premium
HDFC Bank (India), Reliance Industries and Infosys were the top traded contract.
Japan stocks hit fresh record highs on AI-driven gains
Market sentiment was further boosted by a decline in oil prices after the US and Iran agreed on a framework to work toward a final agreement within 60 days, easing concerns about potential disruptions linked to tensions in the Middle East. Investors also looked ahead to Japans latest PMI data and the Bank of Japans Summary of Opinions for further insight into the economic outlook following the central banks recent interest rate hike. Among the strongest performers were Furukawa Electric, Murata Manufacturing, JX Advanced Metals, Ibiden, and SoftBank Group.
Indian Equities Rebound as Oil Prices Soften, Global Cues Turn Positive - Rediff
Indian Equities Rebound as Oil Prices Soften, Global Cues Turn PositiveRediff
BPCL Share Price Live Updates: Current Price and Trends for BPCL
Coal India Share Price Live Updates: Coal India Experiences Slight Price Drop
Petrol, diesel margins back to above pre-conflict levels: Report
State-run oil companies are poised for improved profitability as falling crude prices boost fuel marketing margins. While recent government excise duty cuts have aided this recovery, rising debt levels and potential tax increases pose risks to long-term earnings. Analysts anticipate better performance from the second quarter onwards, especially if oil prices remain below $80 per barrel, with BPCL and IOC seen as preferred investments.