Rupee began the week on a negative note, falling 39 paise against the US dollar as soaring crude oil prices and escalating tensions in the Middle East dampened sentiment. The domestic currency opened at 95.72 against the greenback in the interbank foreign exchange market on Monday. The currency further weakened to 95.77, compared with Friday’s…
Q1 earnings, inflation, Middle East tensions among key triggers driving the markets NEW DELHI: The upcoming week is expected to be driven by a mix of domestic and global triggers, with investors tracking the progress of the earnings season, inflation data, geopolitical developments in West Asia and movements in crude oil prices, analysts said.The June…
Kolkata: The fresh tension between the US and Iran has left travellers and members of the travel trade industry in a bind.The sharp jump in airfares triggered by rising aviation fuel prices and the continuing geopolitical tensions in West Asia are beginning to weigh on outbound travel from Kolkata, with even traditionally affordable short-haul destinations…
Mangaluru: With the normalisation of LPG supply, hotels and eateries in the city have largely shifted from firewood to gas, with only a few still operating on firewood. However, despite this shift, fresh war tensions in West Asia have created uncertainty among hotel operators over possible supply disruptions and price fluctuations.Kudpi Jagadish Shenoy, president of…
After a brief spell of calm, global oil markets are once again facing chaos. Crude oil prices surged another 1% on Thursday after already recording a 5% jump in the previous trading session, as US President Donald Trump declared that the ceasefire agreement with Iran was “over.” At the same time, fresh US military strikes…
Investor sentiment turned sharply negative after US President Donald Trump announced that the ceasefire arrangement with Iran had collapsed. (AI image) Stock market crash today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, crashed in trade on Wednesday as fresh tensions between the US and Iran sent crude oil prices soaring. Both the benchmarks…
Public sector refiners have collectively absorbed losses of over Rs 75,000 crore during the first quarter of the current financial year. (AI image) Respite for oil marketing companies! State-run oil marketing companies (OMCs) could reach the break-even point on petrol and diesel sales within the next seven to 10 days if crude oil prices remain…
NEW DELHI: Trading sentiment in the stock market this week will depend on crude oil prices, global trends and the start of corporate earnings season with IT bellwether TCS reporting its June-quarter financial results on July 9, analysts said.Besides, the advancement of the southwest monsoon and trading activity of foreign investors would also influence market…
The stock market is heading into a crucial week, with investors focused on the start of the June-quarter earnings season, trends in crude oil prices and global developments for fresh cues. IT major TCS will be the first to report its June-quarter results on July 9, with its earnings and management commentary expected to be…
Top gainers and losers today Benchmark equity indices ended higher on Friday, supported by positive global cues, easing crude oil prices, expectations of a softer global interest rate environment, and optimism following the India–Japan summit.The Nifty 50 gained 95.15 points, or 0.39 per cent, to close at 24,270.85, while the BSE Sensex rose 261.79 points,…
