Latest Updates Around The World
According to experts, oil prices could rise as high as $80 a barrel in the wake of the conflict between Israel and Iran that broke out on Saturday. They fear a disruption in the global supply of crude oil. Israel launched attacks on the Iranian capital Tehran to eliminate what it called “an existential threat.” […]
The Indian market ended higher on Monday, with the Sensex and Nifty recouping some of the losses recorded during Sunday’s special session, as investors digested the impact of the federal budget on markets and capital flows. The recovery came despite proposals to increase transaction taxes on derivatives and the absence of new measures aimed at […]
Nifty posted its third straight gain on Thursday, helped by buying in financial and energy stocks, although selling pressure in auto, IT and consumer loans capped the upside. The index maintained its position above the 50 EMA on the hourly chart.Commenting on the day’s trends, Rupak De, Senior Technical Analyst at LKP Securities said Nifty […]
Mumbai: Indian upstream oil exploration companies rose sharply on Wednesday, following a sharp rise in global crude prices after winter storm Fern disrupted US production, tightening short-term supply. A weakening US dollar against a basket of currencies also boosted sentiment in the oil market. Shares of Oil India rose as much as 10% to a […]
Venkatesh Balasubramaniam of JM Financial shared a comprehensive view of the Indian equity markets and highlighted the challenges and opportunities in the current environment. He highlighted that markets are trading at high valuations, with aggregate indices trading at nearly 23 to 24 times forward one-year earnings – roughly one standard deviation above the average. While […]
In the midst of increased trade tensions and market volatility, Emkay Global has identified a link of value and quality shares that it thinks could perform in the coming months. Birlasoft, Indusind Bank, Gujarat State Petronet and Oil India are among the best value bets based on their attractive valuations, improving profit growth, higher dividend […]
The project operator with an interest of 26.5%, followed by Mitsui & Co, is up to date with 20%, while Mozambique’s state ownership has some 15%. | Photocredit: Turar Kazangapov India’s Oil India Ltd run by the State expects a Mozambique-liquid natural gax project of $ 20 billion, so far operated Mozambique, in which it […]
