Shares of major Oil Marketing Companies rallied strongly on Monday, jumping up to 6%. These gains came after the government hiked fuel prices in the country for the fourth time in 10 days, making petrol Rs 2.61 per litre costlier and diesel by Rs 2.71 per litre.Shares of Hindustan Petroleum Corporation Limited (HPCL), Indian Oil…
Union finance minister Nirmala Sitharaman on Monday said that reducing excise duties on petrol and diesel would lead to a revenue loss of around Rs 1 lakh crore. She also stressed the need to give confidence to people and that “India cannot afford fear mongering.”Her remarks came as fuel prices saw a fresh round of…
Top stocks to buy today (AI image) Stock market recommendations: Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities recommends buying Varun Beverages Ltd, and Elecon Engineering Company Ltd as the top stock picks for the May 25, 2026 week. The expert also shares his outlook for Nifty and Bank Nifty:Varun Beverages LtdVBL has…
Oil prices tumbled over 5% on Monday, falling below the $100 per barrel mark, buoyed by optimism over a potential agreement aimed at ending the US-Iran war. The market reaction came even as US President Donald Trump sought to cool expectations of an imminent breakthrough.At around 7:40 am, WTI Crude was trading at $92.41, down…
Rupee began the week in green, gaining 40 paise to 95.20 against the US dollar in early Monday trade. The currency was driven by optimism in global markets over hopes of a potential peace deal between the United States and Iran. In the interbank foreign exchange market, the rupee opened at 95.36 against the US…
Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities said gold traded within a narrow range last week and recorded modest gains of nearly 0.40% on the MCX, settling close to Rs 1,58,670 per 10 grams. He noted that crude oil witnessed sharp profit booking during the week, with prices correcting nearly 7%…
Top stocks to buy (AI image) Stock market recommendations: Samvardhana Motherson, and Zydus Wellness have been recommended as top stocks to buy for the week starting May 25, 2026 by Motilal Oswal Wealth Management Research Desk: Stock CMP TP Upside GE Vernova 135 160 18% Zydus Wellness 490 600 22% Samvardhana MothersonSamvardhana Motherson delivered a…
MUMBAI: After a bull run in the IPO market over the past two years, Indian startups are finding it hard to take the road to Dalal Street. The US-Iran war has thrown a spanner in their IPO plans with many companies delaying listing timelines and going slow on filing draft papers. PhonePe has pressed pause…
Fuel prices were raised again on Monday, with petrol becoming costlier by Rs 2.61 per litre and diesel by Rs 2.71 per litre, marking the fourth hike in less than two weeks.The latest increase is expected to add further pressure on household budgets and transportation costs, as consumers continue to grapple with rising fuel expenses…
MUMBAI: A proxy advisory firm is pressing India’s central bank to require Tata Sons to go public, arguing that its size and systemic importance demand disclosure standards closer to those applied to major financial institutions rather than those typical of private holding companies.InGovern, in a report titled “Tata Sons: The Listing Imperative,” said that where…
