Indian IT stocks had already experienced a notable drop earlier this year. (AI image) Indian IT shares tank! Shares of Indian IT companies dropped by as much as 6% on Tuesday after fresh artificial intelligence announcements from global chipmaker Nvidia, which reignited concerns about AI-driven disruption in the technology services sector. Investor caution also remained…
NEW DELHI: : WPI inflation inched up in Feb, led by rise in food and mineral product prices. Experts said elevated energy prices triggered by West Asia conflict could exert upward pressure. Inflation, as measured by wholesale price index rose annual 2.1% in Feb, higher than previous month’s 1.8%. Source link
Top stocks to buy (AI image) Stock market recommendations: MCX, Power Finance Corporation Limited, and BSE are the top stocks that Somil Mehta, Head of Retail Research, Mirae Asset ShareKhan has recommended for buying on March 17, 2026.MCX : Buy in the range between Rs 2,555 & Rs 2,556; Stop Loss: Rs 2,425; Target: Rs…
Stock market today (AI image) Indian markets recovered on Monday, but analysts cautioned that volatility may persist as investors remain wary of geopolitical tensions in West Asia and fluctuations in global energy prices. The ongoing conflict continues to weigh on sentiment and keep overall risk appetite restrained.Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited…
NEW DELHI: Despite Indian exports seeing good growth in recent months, India’s trade deficit with China has topped the $100 billion mark for the first time, with still a month left for the fiscal year to close.Latest data released by the commerce department estimated the trade deficit during April-Feb at $102 billion, as against $91.1…
Iran’s economic jugular: Why Kharg Island is a key target for Trump. (AP images) A small rocky island in the Persian Gulf has suddenly become central to the escalating tensions between the United States and Iran.Kharg Island — located just 15 nautical miles (about 24 km) off Iran’s southern coast — may be tiny in…
Nomura has also trimmed its year end forecast for the Nifty 50, lowering the target to 24,900 from 29,300. (AI image) US-Iran war shock for stock markets: Brokerages Citi Research and Nomura have lowered their year end forecasts for the key benchmark index Nifty50, pointing to growing risks to economic growth and corporate earnings as…
India’s combined merchandise and services exports reached $76.13 billion in February 2026, marking an 11.04%increase from $68.56 billion in February 2025, the commerce ministry said on Monday. At the same time, imports surged even more sharply, rising 21.61% to $80.09 billion from $65.84 billion a year earlier. This led to a widened overall trade deficit…
The Port of Fujairah in the UAE was once again hit by a drone strike, triggering a fire at a petroleum facility. Specialised emergency teams responded promptly and brought the blaze under control, and no injuries were reported. The attack comes amid rising tensions in the Middle East, as the conflict involving Iran, the United…
The Middle East conflict continues to boil, sending ripples through global oil supplies. As concerns rise over liquified petroleum gas (LPG) shortages, Indian households are increasingly relying on ready-to-cook meals, frozen snacks, and no-cook foods. Retailers report a sharp rise in demand, with sales climbing up to 20% month-on-month as consumers seek alternatives to traditional…
