The ongoing US-Israel conflict with Iran has both geopolitical and economic consequences for the world, and India is expected to be impacted too if it persists. Policymakers are closely monitoring crude oil prices and cargo movement following the renewed tensions in the Middle East, though they maintain that it is premature to gauge the broader…
Stock market holiday: Holi is just on the horizon and investors are confused about whether stock market will remain closed on March 3 or on March 4. According to the Exchange’s list of holidays, Dalal Street will remain closed on March 3 and not March 4, on the occasion of Holi, giving traders and investors…
Aviation and travel stocks were struggling with sharp sell-offs on Monday after Middle East conflict intensified and regional air traffic was disrupted. Shares of InterGlobe Aviation, which operates IndiGo, along with SpiceJet, Ixigo and Easy Trip Planners, dropped by up to 13.5% as multiple countries shut their airspace following US and Israeli strikes on Iran….
India and Canada took a step towards strengthening their economic ties on Monday, as Prime Minister Narendra Modi and Canadian PM Mark J Carney agreed to pursue a trade-led partnership to boost bilateral trade to $50 billion by 2030 and speed up negotiations on a Comprehensive Economic Partnership Agreement (CEPA). The two leaders held bilateral…
Defence stocks (AI image) Defence stocks today: Contrary to the crash in Nifty50 and BSE Sensex, defence stocks on Monday moved up in trade as rising Middle East tensions brought focus back on them. Shares of defence companies such as Hindustan Aeronautics, Bharat Dynamics, BEL and Paras Defence surged by as much as 13.5% as…
Gold price prediction (AI image) Gold price prediction today: Rising tensions in the Middle East and developments around US, Israel and Iran are expected to keep gold prices volatile this week, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd. Last week, gold and silver rallied to over three-week highs amid…
Stock market today (AI image) Stock market crash today: Nifty50 and BSE Sensex crashed in opening trade on Monday amidst rising Middle East tensions and global market turmoil, with impact on crude oil prices and trade in focus. While Nifty50 went below 24,900, BSE Sensex was done over 1,000 points. At 9:16 AM, Nifty50 was…
Asian stock markets began March in red, as investors reacted to increased to increasing tensions in the Middle East and stronger than expected US inflation data. Japan’s Nikkei 225 fell sharply, losing over 2%, before easing to a 1.5% drop at 57,947, shedding over 900 points by 9:15. In Hong Kong, Hang Seng declined 1.7%…
“Gold and silver prices are expected to remain extremely volatile, with a likely gap-up opening on Monday as the Middle East conflict, involving renewed US and Israeli military action against Iran, continues to weigh heavily on global risk sentiment,” said Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities. He added that escalating…
MUMBAI: After a relatively firm Feb, the rupee is likely to start March on a volatile note as global capital shifts toward safe-haven assets amid escalating tensions in the Gulf region. Dealers expect pressure to build from both portfolio outflows and concerns over India’s trade deficit and energy supplies, given the region’s central role in…
