Stocks to buy or sell: Osho Krishan of Angel One suggests buying Wipro, Dr Reddy’s shares to buy in the near-term

Stock market today: Benchmark indices Sensex and Nifty 50 were experiencing a decline during the afternoon session on Thursday, largely due to rising crude oil prices stemming from the escalating crisis in West Asia. Additionally, diminished global market performance and persistent outflows of foreign funds also unsettled investor sentiment, analysts noted. At 13:35 IST, the…

Read More

Beware! Nifty 50 can slip below 22,700 if crude oil prices hold above $100 amid US-Iran war, warns ICICI Securities

The Indian stock market has been under intense selling pressure amid the ongoing US-Iran war and the sharp rise in crude oil prices, which has heightened concerns over imported inflation in the Indian economy. Crude oil prices in the international markets have surged again towards the $100 per barrel mark following a significant escalation of…

Read More

US stock market today: Dow, S&P 500 futures slip as war-driven oil surge clouds US Fed rate cut outlook

The US stock market is likely to open lower in Thursday’s trading session, March 12, as futures of the three key averages—the S&P 500, Dow Jones Industrial Average, and Nasdaq Composite—are trading lower by 0.3%, 0.5%, and 0.3%, respectively, in pre-market trading as crude oil prices continue to march higher, forcing traders to dial back…

Read More

IPO lock-in expiry for BCCL, Fractal & 86 other companies to release ₹6.6 lakh crore worth of shares in 3 months

As tensions in the Middle East rise and crude oil prices fluctuate, the secondary market is experiencing increased volatility, with a large volume of shares expected to release into the market in the upcoming months. A report from Nuvama Wealth Management indicates that the lock-in periods for pre-listing investors in 88 recently listed companies will…

Read More

Stock market volatility rising amid US-Iran war, crude oil price spike: Can PSU stocks offer a safe haven for investors?

The Indian stock market has been experiencing strong volatility due to the US-Iran war, soaring crude oil prices, the rupee’s weakness, and heavy foreign capital outflows. The prevailing market condition seems to have nudged investors towards PSU stocks. The BSE PSU index is up over 4% this year, while the equity benchmark Sensex is down…

Read More

Indian stock market: 10 things that changed for market overnight – Gift Nifty, US-Iran war, oil prices to US inflation

The Indian stock market benchmark indices, Sensex and Nifty 50, are expected to open lower and extend losses, following weakness in global markets, as rising crude oil prices due to the escalating US-Iran war fueled inflation concerns and spooked investors. Asian markets traded lower, while the US stock market ended mixed overnight after tame inflation…

Read More

Middle East conflict: Get ready for oil to hit $200 a barrel, warns Iran as IRGC strikes Thai vessel in Hormuz Strait

Iran has cautioned that global oil prices could reach $200 per barrel following a series of assaults by its forces on merchant vessels in the blockaded Persian Gulf this Wednesday. Simultaneously, Tehran launched missile strikes at Israel and various regional targets, aiming to prove its military resilience despite what the Pentagon characterizes as unprecedentedly intense…

Read More