Following RBI’s restrictions, the rupee has rebounded more than 2 per cent to 92.66 against the dollar as of Thursday. (AI image) The Reserve Bank of India’s move to stem rupee’s fall may end up acting as a deterrent for global investors. The central bank’s most aggressive push in nearly a decade to stabilise the…
Strait of Hormuz (AP image) The Strait of Hormuz, which links the Gulf of Oman with the Persian Gulf, has become the focal point of global energy tensions since the war began on February 28.Ever since Iran and the US announced a two-week ceasefire, traffic through the critical waterway has remained severely restricted, with as…
Asian shares rallied in early trade on Friday after investors reacted positively to easing geopolitical fears and a modest recovery in global risk sentiment following developments in Middle East peace efforts.MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.5%. Japan’s Nikkei 225 added 1.5%, while South Korea’s Kospi climbed 1.9%, leading regional advances. S&P…
Gold fell 12 per cent in March to USD 4,608/oz, its weakest month since June 2013, according to a report by the World Gold Council (WGC). The precious metal lost value across all major currencies but maintained a positive position for the year. Gold fell 12 per cent in March to USD 4,608/oz, its weakest…
Options traders are positioning for renewed turbulence in India’s stock market as diplomatic friction threatens to undermine a fragile US-Iran ceasefire. The 24,058 level has emerged as a critical threshold for technical analysts. (PTI) A day before high-stakes negotiations in Pakistan, NSE data from Thursday revealed a surge in option selling. The activity suggests the…
Updated on: Apr 10, 2026 9:02:14 AM IST The National Stock Exchange building in Bandra Kurla Complex, Mumbai. India’s stock market is poised to open higher today, supported by the better-than-expected quarterly results from Tata Consultancy Services Ltd., even as concerns over the durability of a US–Iran ceasefire may keep risk appetite in check. GIFT…
Reliance Industries Ltd. has capped fuel purchases across its petrol pumps as the Iran war continues to choke off supplies despite a tentative ceasefire. A Jio-BP petrol pump. While Reliance Industries runs only 2% of the more than 102,000 fuel stations in India, it’s the first operator to go beyond price hikes to rationing supply….
Tensions persisted, with Israel continuing strikes in Lebanon, which Tehran insists should be included in the ceasefire, while there was no indication that Iran had eased its blockade of the Strait of Hormuz. A breakdown in talks and a renewed escalation in the conflict could drive up energy prices and inflation, potentially forcing the Federal…
Top stocks to buy (AI image) Stock market recommendations: IndusInd Bank, and IIFL Finance – these are the two stocks that Bajaj Broking Research has recommended for buying today with a one month time horizon. The brokerage has also shared its views and outlook for Nifty, and Bank Nifty.Index View: NIFTYIndian benchmark indices saw a…
MUMBAI: Sensex could hit 95,000 points by Dec according to a Morgan Stanley report. They are banking on a handful of tailwinds, which they believe, are set to support a strong bull rally in Indian stocks. The sensex target level has a 50% chance while there’s a 20% probability that it could run past the…
