The Indian rupee rose 40 paise to 91.92 against the US dollar on March 10, aided by falling crude oil prices and better global risk sentiment. Brent crude dropped to $88.50.
As the fallout in the oil markets from the US-Iran war continues, here’s what severe oil shocks have done to the S&P 500 in the past.
The charts are looking favorable for this commodities ETF, even as the stock market struggles.
CLSA’s Balanco said that as long as the IT index remains below 31,700, which is still 6% away from current levels, the index will remain in a downtrend.
Marc Franklin, Deputy Head of Multi Asset Solutions-Asia at Manulife Investments, says markets welcomed signals that the conflict may not be prolonged, easing fears after the recent oil price spike. However, investors remain cautious amid persistent geopolitical risks. He expects…
ideaForge Technology Ind Inc launched a drone flight-test training for NATO at NTPS in the US, with participants from various international air forces and navies.
At the end of the December quarter, the HDFC Capital Fund held 8.8% stake in the company. Meanwhile, Godrej did not hold any previous stake in the firm, as per data available in the stock exchanges.,
Nifty could remain in a consolidation phase for the next three months, with 23,800 acting as a key support level, according to Laurence Balanco of CLSA. He said the index has held this support so far, which remains constructive for…
Brokerage firm Jefferies has a ‘buy’ rating on Amber Enterprises with a price target of ₹9,120 per share, an upside of 24.6% from its previous close.
With the new project, Raymond Realty said its gross development value of its real estate projects will be close to ₹43,000 crore, it said.