Stock market today: The key benchmark indices of the Indian stock market extended their uptrend for the second straight session on Tuesday. The Nifty 50 index finished 172 points higher at 23,581. The BSE Sensex shot up 567 points and regained the psychological 76,000 level on a closing basis. The Bank Nifty index gained 462…
US-Iran war: Extending yesterday’s pullback rally on Tuesday morning session, the key benchmark indices of the Indian stock market opened northward in the Opening Bell. The Nifty 50 index opened at 23,493 and touched an intraday high of 23,566 within an hour of the market opening. The BSE Sensex opened higher at 75,826 and climbed…
US-Iran war: Amid the third week of heightened Middle East tensions, there is no sign of de-escalation. In fact, there is further escalation in the US-Iran war after the US military strikes in Iran’s main oil hub of Kharg Island. The Islamic state is mulling all options to give a befitting reply to the US…
US-Iran news: The United States on Friday destroyed military targets on Iran’s main oil hub of Kharg Island, President Donald Trump announced, threatening to strike its oil infrastructure if Iran continues attacks that have halted most ship traffic in the Strait of Hormuz. According to Reuters, the island serves as the export terminal for 90%…
The US-Iran war has entered its third week, and still, there are no signs of any de-escalation in this Middle East crisis. According to experts, the US-Israel-Iran war has created a complex geopolitical situation where different global powers have very different economic and strategic incentives. They said that Russia is the biggest beneficiary of this…
US-Iran war: Oil prices saw a significant correction on Tuesday, March 10, after reaching their highest level in more than three years in the previous session, as US President Donald Trump suggested that the conflict in the Middle East could end soon, easing fears of prolonged disruptions to global crude supplies. Brent crude futures dropped…
It has been more than a week since the ongoing war in the Middle East. While America and Israel are continuously attacking Iran, Tehran is targeting Gulf countries in response. Iranian President Masoud Pejeshkian had announced that Iran will no longer attack any neighboring country, unless the attack on Iran is carried out from the…
US-Iran war: Amid soaring crude oil prices due to rising tensions in the Middle East, the Indian economy has not just the task of containing inflation, but also ensuring the safety of its trade at the Chabahar Port and the ₹15,000 crore bilateral trade that New Delhi and Tehran have. The Indian government has already…
Gold rate today: Amid escalating tension in the US-Iran war, the MCX gold rate remained sideways to positive last week and finished at ₹₹1,61,675 per 10 gm, around ₹19,000 away from the lifetime high of ₹₹1,80,779 per 10 gm. In the international market, the COMEX gold price ended at $5,158.70 per troy ounce, $468.10 away…
US House lawmakers rejected a war powers resolution to halt Trump’s attack on Iran in a 212-219 vote, a day after the Senate voted down a similar measure. The vote was 219 to 212, largely along party lines, in the House, where Trump’s fellow Republicans control a narrow majority of seats. Two Republicans voted in…
