Top stocks to buy (AI image) Top stock market recommendations: Aditya Birla Sun Life AMC, Bank of India, and Cummins India have been picked as top stocks to buy today by Aakash K Hindocha, Deputy Vice President – WM Research of Nuvama Professional Clients Group. He shares target levels and rationale for buying these stocks…
Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex opened in red on Thursday, a day after the stock market saw a record single day gain. While Nifty50 went below 23,900, BSE Sensex was down over 500 points. At 9:16 AM, Nifty50 was trading at 23,857.40, down 140 points or 0.59%. BSE…
Oil prices inched higher on Thursday after suffering their steepest single-day fall since April 2020, as uncertainty around the Strait of Hormuz and renewed tensions in the Middle East kept markets on edge. Brent crude moved back towards $97 a barrel, rebounding from a 13% on Wednesday, while West Texas Intermediate also traded close to…
Strait of Hormuz (File photo) As the United States and Iran announced a temporary two-week ceasefire, a new flashpoint is now emerging. Tehran is seeking to levy toll fees on ships transiting the Strait of Hormuz, a proposal that could disrupt global trade flows and push energy markets into fresh uncertainty. Why does the Strait…
RBI governor Sanjay Malhotra pointed out five ways in which the Indian economy will be impacted by the ongoing conflict. (AI image) The Monetary Policy Committee (MPC), led by Reserve Bank of India (RBI) governor Sanjay Malhotra kept the repo rate unchanged and continued with the neutral stance while flagging risks to GDP growth and…
Representative image (AI-generated) As the Iran-US ceasefire kicks in, global markets are witnessing a sharp shift across multiple sectors.US President Donald Trump announced a temporary two-week suspension of planned military strikes on Iran, linking the move to Iran’s willingness to reopen the Strait of Hormuz and engage in negotiations.Crude prices, which had surged above $100…
The Union Cabinet on Wednesday approved investments totalling Rs 40,150 crore for two major hydropower projects in Arunachal Pradesh, aimed at strengthening renewable energy capacity and regional infrastructure.The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, cleared the Kamala Hydro Electric Project (1,720 MW) and the Kalai-II Hydro Electric Project (1,200 MW),…
Commerce and Industry minister Piyush Goyal on Wednesday urged businesses and exporters in India and the US to actively use the India-US trade facilitation portal to strengthen bilateral trade, PTI reported. “I urge all members of industry bodies, Export Promotion Councils, and chambers from across India and the US to connect, make this portal part…
Pension fund regulator PFRDA has launched the second proof of concept (POC) of ‘NPS Swasthya’, an initiative aimed at integrating retirement planning with healthcare funding, PTI reported.The Pension Fund Regulatory and Development Authority (PFRDA) said the National Pension System (NPS) Swasthya is a multi-partner framework designed to provide financial and health security.Under the initiative, Medi…
US stock markets rallied sharply on Wednesday while crude oil prices plunged toward $90 per barrel after President Donald Trump announced a two-week ceasefire with Iran, easing fears of prolonged supply disruptions, AP reported.The S&P 500 surged 2.4%, while the Dow Jones Industrial Average jumped 1,332 points, or 2.9%, and the Nasdaq Composite climbed 2.9%…
