HPCL, BPCL fall up to 8% as crude oil nears $120 per barrel
OMC stocks tend to be negatively impacted by a sharp rise in crude oil prices, as higher raw material costs put pressure on marketing margins and weigh on operating performance.
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For those wanting to trade downside levels, not sure if index is the right way: Rohit Srivastava
Rohit Srivastava, Founder of Indiacharts and Strike Money, says investors should focus on hedging rather than aggressive selling as markets remain volatile. He suggests using long-dated Nifty puts as protection and notes that weakness, initially seen in IT and real…
₹15 Lakh Crore Wipe Out! Key factors that led to the sell-off on Sensex, Nifty this Monday
The surge in crude oil prices is the biggest reason behind the impact on Indian markets. Rise in oil prices is a negative for Indian markets as the country is a net importer of oil. Oil prices surged nearly 30%…
HDFC Bank gets an upgrade from Kotak who sees ‘limited downside’ on the stock
A re-rating for HDFC Bank also needs a degree of confidence on net interest margin (NIM) expansion, according to the note from Kotak Institutional Equities.
Airlines seek government relief as West Asia conflict drives up costs
Indian airlines seek government aid to ease financial strain from West Asia conflict. Executives met Civil Aviation Minister, requesting relief on excise duty or GST on fuel.
Explained — How the US-Iran war in West Asia can impact the auto and EMS companies
Shares of Syrma SGS are down up to 8%, while those of Dixon Tech are at a multi-year low, falling below the ₹10,000 per share mark yet again with today’s 3.5% fall.
Linde India should consider merger with Praxair after shareholders reject deal: Governance experts
Shailesh Haribhakti, Chairman of Shailesh Haribhakti Associates, and Amit Tandon, MD of Institutional Investor Advisory Services (IIAS), say minority shareholders rejecting Linde India’s related-party deal with Praxair signals a strong pushback on governance and shareholder rights. Tandon says the vote…
Sun TV Network declares interim dividend of ₹1.25 per share for FY26
Shares of Sun TV Network Ltd ended at ₹597.65, up by ₹2.45, or 0.41%, on the BSE.
Sedemac Mechatronics IPO allotment: Steps to check status, listing date and other key details
Investors can check the Sedemac Mechatronics IPO share allotment status on the websites of the NSE, BSE and issue registrar, MUFG Intime India.
South Korea’s Kospi index sinks over 8%, trading halts for 20 minutes
The Kospi index declined over 8% after falling 11% last week. Chip heavyweights including Samsung, SK Hynix were the biggest draggers again on the index, declining over 8% on Monday.