Nifty Reclaims 23,700 as IT Giants, Adani Enterprises Lead Relief Rally
Indian equity benchmarks extended their recovery for a third consecutive session on Wednesday, with the Nifty 50 surmounting the 23,700 psychological level. The rally was primarily driven by a resurgence in heavyweight IT stocks and sustained buying in Adani Group shares, which h Read More
Oil Prices Climb 3% On Iran War, But US Stocks Hold Ground
New York: Oil prices resumed their rise on Tuesday because of the war with Iran, but U.S. stocks held steadier this time around.The S&P 500 rose 0.2% to add to its gain from the day before, which was its biggest since the war began. The Dow Jones Industrial Average climbed 46 poi Read More
VBL’s South Africa Arm To Acquire 100% Stake Crickley Dairy For Rs 131 Crore
Second Largest PepsiCo franchisee globally, Varun Beverages, on Tuesday, March 17, informed bourses that its South Africa-based subsidiary, The Beverage Company Proprietary Ltd (Bevco), had acquired 100 % equity stake of Crickley Dairy Proprietary Limited.According to the agreeme Read More
RBI Announces SGB Redemption Price at Rs 15,814; Investors Secure Massive 312% Return on 2019 Series
Investors in the Sovereign Gold Bond (SGB) 2019-20 Series IV have secured a 312% absolute return as the Reserve Bank of India (RBI) announced the price for the latest premature redemption window.According to the central bank’s notification, the redemption price has been fixed at Read More
Eternal Shares Price Rose Over 6%; JM Financial Maintains ‘Buy’ Rating – What’s Ahead
The shares of food aggregator Eternal Ltd rose over 6% in trade on Tuesday, March 17, to hit an intra-day high of Rs 236.20 apiece.This upswing in Eternal’s share price comes after having fell over 25 times in the past 24 sessions, plummeting 25% during the same period.Amid the M Read More
Federal Reserve Set for Strategic Pause as $100 Oil and Geopolitical Tensions Reignite Inflation Risk
The U.S. Federal Reserve is expected to keep interest rates steady this week, pivoting from a cycle of easing to a wait-and-see stance as a surge in global oil prices and persistent core inflation are complicating the path toward further cuts.Market experts and major investment b Read More
Rupee Stays On Defensive With Traders Glued To Oil Moves
The rupee was hemmed in a tight band on Tuesday as corporate dollar demand and worries over the hit from elevated energy prices were blunted by state-run banks’ dollar sales, most likely on behalf of the central bank.The rupee closed at 92.37 per dollar, barely changed on day and Read More
Auto Comp Major Samvardhana Motherson Shares Surge 2.38% After This Acquisition Move
The shares of auto component major Samvardhana Motherson International surged as much as 2.38% to hit an intra-day high of Rs 116 apiece on Tuesday, March 16 after its latest acquisition move.”Through its indirect wholly owned subsidiary namely Motherson Global Investments B.V., Read More
Asia Enters ‘Energy Triage’ as Strait of Hormuz Blockade Forces Deep Industrial Cuts
The escalating war with Iran is pushing parts of the world into energy triage, forcing governments to choose where to cut demand or absorb costs, while prioritizing dwindling supplies.Asia is the most exposed since it relies heavily on imported fuel, much of it shipped through th Read More
Oil On Boil: Upstream Gains As Downstream Margins Come Under Pressure
A sharp escalation in geopolitical tensions, including disruptions across key energy infrastructure in West Asia and the closure of the Strait of Hormuz, has triggered a surge in global crude oil prices, with Brent rising above USD 90 per barrel from USD 73 levels in late Februar Read More















