Dow Jones futures fall over 400 points on rising oil prices, inflation fears

On Wednesday, the Dow Jones ended with losses of 300 points, while the S&P 500 and Nasdaq recovered from the lows of the day to end at the flat line.

On Wednesday, the Dow Jones ended with losses of 300 points, while the S&P 500 and Nasdaq recovered from the lows of the day to end at the flat line.

Agrochemical company GSP Crop Science will have a post-listing market capitalisation of ₹1,488.6 crore at the upper end of the price band.

Asian markets faced turbulence as US equity futures dipped, oil prices rose, and lending pressures grew. S&P 500 contracts fell 0.8%, Asian shares dropped 1.1%, and Treasury yields increased.

US gasoline prices have risen to nearly $3.6 per gallon on average due to supply shortage, as per motorist group AAA. The retail prices are nearly 22% higher than the same period last month.

Analysts believe that the IEA decision does not do much to address the other problems that the global economy would face. Most of the refined products, including Jet fuel, still flow through the Strait of Hormuz, where tanker traffic has…

Mahanagar Gas Ltd reduces gas supply to industrial and commercial customers due to geopolitical issues and a directive from the Ministry of Petroleum and Natural Gas. Shares of Mahanagar Gas Ltd ended marginally higher on Wednesday, March 11, by 0.68%…

Samvardhana Motherson completed its tender offer for additional shares in Japan’s Yutaka Giken, acquiring 1.4 million shares as it moves to strengthen control.

Order relates to Assessment Year 2020–21; company had earlier contested ₹233.66 crore demand raised by tax authorities.

Adani Enterprises’ subsidiary raised its stake in Air Works India to 99.98% by acquiring an extra 14.2%. Shares closed at ₹1,974.70 on the NSE, down 1.09%.
Order relates to Assessment Year 2020–21; company had earlier contested ₹233.66 crore demand raised by tax authorities.