Oil marketing companies, on the other hand, stand to benefit from the drop in crude. HPCL, BPCL and IOCL usually see an improvement in margins when input costs fall. Lower crude prices reduce the cost of fuel procurement, supporting profitability. Even a Rs 0.5 per litre change in fuel margins can influence EBITDA by around…
Kotak Mahindra Share Price Target: The share price of India’s private sector bank, Kotak Mahindra Bank, will be in focus on Thursday (June 25), after brokerage firm Motilal Oswal maintained a BUY call on the stock. Kotak Mahindra Share Price Target 2026The brokerage has suggested a price target of Rs 470 for this BSE Sensex…
RBI tweaks NBFC upper layer rules; Brokerages see limited impact, remain positive Source link
Shares of Indian Railway Finance Corporation (IRFC) Ltd. are in focus as its offer for sale opens for retail investors to bid on Thursday, June 25. Non-retail investors oversubscribed to the IRFC OFS on Wednesday. They bid 1.86 times the shares allotted for the category. The Centre is now exercising the green shoe option. How…
The ₹585 crore IPO of cruise operator Waterways Leisure Tourism will enter its final day of subscription on Thursday, June 25. As of the end of Day 2, the issue had received bids for 21.42 lakh shares against 41.84 lakh shares on offer, translating into an overall subscription of 51%. Retail investors continued to lead…
Oil prices continued to trade under pressure on Thursday as they slipped near USD 70 mark for the first time since US-Iran conflict began on February 28, 2026. Brent oil’s price is hovering near the USD 70 mark amid ongoing market moves and geopolitical updates. U.S. West Texas Intermediate crude traded at USD 69.50, down…
Dividend Stocks Today, June 25: Dividend stocks will be in focus on June 25 as at least 17 listed companies, including Life Insurance Corporation of India (LIC), IndusInd Bank, CARE Ratings, Dr Lal PathLabs, Nippon Life India Asset Management, Supreme Industries and Syngene International, trade ex-dividend today. Investors looking to qualify for these payouts needed…
Oil prices extended their declines and are close to erasing their wartime price gains on signs of increasing supply and Iran peace deal progress. Brent declined towards $73 a barrel after declining 4% in the prior session. Meanwhile, West Texas Intermediate was close to $70 a barrel. Key parts of the market are suddenly awash…
Sensex Today | Stock Market LIVE Updates: The Nifty Bank recovered everything it lost on Tuesday and a little more with a near 1,000-point surge. For the banking index, a close above 58,000 is a positive and it will now look towards the 58,500 levels on the upside. Sensex Today | Stock Market LIVE Updates:…
Phil Fersht, CEO and Chief Analyst at HFS Research, believes the massive investments flowing into AI companies and infrastructure have pushed valuations to levels that could trigger a market correction. However, he said such a reset would not necessarily hurt Indian IT services providers and may, in fact, strengthen their role in the next phase…
