Asian stock markets began March in red, as investors reacted to increased to increasing tensions in the Middle East and stronger than expected US inflation data. Japan’s Nikkei 225 fell sharply, losing over 2%, before easing to a 1.5% drop at 57,947, shedding over 900 points by 9:15. In Hong Kong, Hang Seng declined 1.7%…
Stock market today (AI image) Stock market crash today: Nifty50 and BSE Sensex crashed in opening trade on Monday amidst rising Middle East tensions and global market turmoil, with impact on crude oil prices and trade in focus. While Nifty50 went below 24,900, BSE Sensex was done over 1,000 points. At 9:16 AM, Nifty50 was…
NEW DELHI: Brent crude jumped 10% to about $80 a barrel in over-the-counter trade Sunday, reflecting growing anxiety over potential supply disruptions through the Strait of Hormuz, a critical energy chokepoint for India and much of Asia. Amid the supply fears, OPEC producers met Sunday and decided to increase crude output in a phased manner…
MUMBAI: After a relatively firm Feb, the rupee is likely to start March on a volatile note as global capital shifts toward safe-haven assets amid escalating tensions in the Gulf region. Dealers expect pressure to build from both portfolio outflows and concerns over India’s trade deficit and energy supplies, given the region’s central role in…
Foreign portfolio investors (FPIs) infused Rs 22,615 crore into Indian equities in February, marking the highest monthly inflow in 17 months, supported by improving market valuations, strong corporate earnings and easing trade uncertainties, according to depository data reported by PTI.The inflows follow three straight months of heavy selling, during which FPIs withdrew Rs 35,962 crore…
UAE Stock Markets Closed: Regional Conflict Halts Trading on ADX and DFM In an unprecedented economic response to escalating regional conflict, the United Arab Emirates has announced that its two major financial markets, the Abu Dhabi Securities Exchange (ADX) and the Dubai Financial Market (DFM), will remain closed on Monday, March 2 and Tuesday, March…
Stock market is expected to react negatively when trading resumes, with analysts cautioning that escalating geopolitical tensions in the Middle East could weigh heavily on investor sentiment and trigger a volatile start to the week, according to market experts quoted by PTI.The US and Israel attacked Iran on Saturday, while Iranian state media confirmed early…
India’s automobile industry sustained its growth momentum in February, with leading carmakers reporting higher dispatches to dealers as steady consumer demand supported sales across passenger vehicles and utility segments.Leading automakers Maruti Suzuki, Tata Motors Passenger Vehicles, Mahindra & Mahindra and Hyundai posted an increase in vehicle dispatches last month, reflecting continued strength in the domestic…
Global oil markets are heading into a volatile phase as escalating tensions in the Middle East raise fears of supply disruption through one of the world’s most critical energy corridors, with analysts warning that crude prices could surge sharply if the conflict deepens.Khamenei’s death, confirmed by Iranian state media earlier, triggered warnings about strong retaliation…
With tensions escalating in West Asia after US and Israeli strikes on Iran and retaliatory attacks by Tehran, the Commerce Ministry has convened a meeting on Monday with exporters, shipping lines and freight forwarders to assess the potential impact on India’s trade flows, PTI reported citing officials.The US and Israel jointly launched military strikes on…
