The company said it received a force majeure notice from its gaseous feed suppliers following shutdowns caused by the unavailability of rich LNG supplies. Shares of Oil and Natural Gas Corporation Ltd ended at ₹276.35, down by ₹0.70, or 0.25%,…
Market movements continued to track oil prices. Investors are concerned that a sustained rise in energy costs could strain household spending, weigh on global economic growth and add pressure on interest rates.
Client additions and unique SIP registrations also slowed, with the platform adding 5.7 lakh new clients and 6.7 lakh unique SIP registrations, both down 23% from the previous month.
CLSA noted that Bangladesh accounts for 55% – 60% of medical tourists, which it believes “is unlikely to be affected by the Iran–Israel–US conflict.”
The billionaire also said that the recent sharp surge in Gold prices has affected the purchasing power of the customer, making lightweight products the preferred choice.
LNG is the primary feedstock used in the production of ammonia and urea. Qatar remains India’s largest supplier of LNG, accounting for nearly 40% of the country’s total imports.
Tejas Khoday, CEO of FYERS, discusses the impact of higher securities transaction tax on derivatives trading, noting it may prompt traders to reassess strategies.
The Indian rupee opened at 91.57 against the US dollar on March 5, recovering from 92.15. Brent crude rose nearly 3% amid US-Iran tensions, with analysts predicting volatility.
Conrad Saldanha, MD & Portfolio Manager of Neuberger Berman, says market uncertainty due to Middle East tensions has created selective long-term opportunities. He sees attractive valuations emerging in global IT services after a sharp correction, while tech fundamentals remain strong.…
A month of no work due to the ongoing US-Iran war would likely impact L&T’s estimated FY26 earnings per share (EPS) by 6% – 8%, Jefferies said.