Supply of Natural Gas is important for fertilizer companies as majority of that is consumed as feed stock, used in the production of Ammonia, a primary input for the production of Urea.
IDFC FIRST Bank paid ₹645 crore to clients for an incident at its Chandigarh branch, higher than the initial estimate of ₹590 crore. Deposits remain stable at ₹2,92,381 crore.
Gold and silver prices rose in India on March 10 due to global market gains and a sharp fall in crude oil prices. On MCX, gold increased by 1% and silver by nearly 4%.
UBS said geopolitical risks are once again clouding earnings visibility for OMCs and drew parallels with the volatility seen in 2022.
Kotak said Escorts Kubota’s construction equipment segment is expected to recover from the calendar year 2026. Its diversification into spares, engines and agri-solutions should help broaden revenue base, it added.
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…