Business
Stock market holiday: Will NSE and BSE remain closed for Bakri Eid this week?
Stock markets are set for a shortened trading week, with the National Stock Exchange and BSE scheduled to remain closed on Thursday, May 28, on account of Bakri Eid.This will be the second trading holiday in May after markets remained shut earlier this month on May 1 for Maharashtra Day.The holiday means equity, equity derivatives…
Rupee Rally: Rupee rally: Currency rises 34 paise against dollar amid hopes of US-Iran peace deal
The rupee appreciated by 34 paise to close at 95.26 against the US dollar on Monday, marking its third consecutive session of gains, amid improving global sentiment over a possible peace agreement between the United States and Iran.According to news agency PTI, the rupee strengthened as optimism grew around easing tensions in West Asia and…
ITC, LIC & more: Top stocks to watch on May 25 – Check list
Goldman Sachs has a neutral rating on ITC with the target price maintained at Rs 330. Analysts said the company’s Jan-March quarter (Q4FY26) earnings numbers are not comparable on a yearly basis (YoY) due to cigarette tax structure change. They expected peak earnings impact from cigarette tax hike in Q1FY27. They estimate cigarette volume decline…
Timeline of petrol, diesel price hike: How rates have risen by Rs 7.5 litre in just 11 days – which cities have highest prices?
Economists are of the view that if global crude oil prices remain high, a hike in petrol and diesel prices every few days may be the new reality. (AI image) Petrol and diesel prices were increased again on Monday by Rs 2.61–2.71 per litre as state-run fuel retailers continued to pass on the impact of…
US-Iran war impact on India: FM Sitharaman stresses on 3Fs – fuel, fertilisers & forex; here’s why
FM Sitharaman has stressed the need to closely monitor the three critical areas of fuel, fertiliser, and foreign exchange. (AI image) A prolonged US-Iran conflict has finally begun to hit India home, with economists signalling that the longer the crisis continues, the more difficult the situation would become for the economy. Finance Minister Nirmala Sitharaman…
Gold Price Today: Gold price today: Yellow metal rises; check 24K, 22K city-wise rates in Delhi, Mumbai, Kolkata and more
Gold prices rose in futures trade on Monday, tracking gains in global markets amid growing optimism surrounding a possible peace agreement between the United States and Iran. Retail gold rates across major Indian cities also moved higher, with 22K, 24K and 18K prices recording gains compared to the previous day.On the Multi Commodity Exchange (MCX),…
Fuel price hike impact: How it will change what you eat, how you travel and what you can afford
Your next trip to the fuel station just got more expensive!Fuel prices across the nation saw another revision, now becoming costlier by Rs 7.5 per litre since the Middle East crisis began. Early Monday, petrol prices were hiked by Rs 2.61 per litre, while diesel prices were increased by Rs 2.71, marking the fourth increase…
Stock Market Today: Stock market today: Which are top gainers and losers on NSE & BSE on May 25? Check list
Stock market rallied sharply on Monday, with the Sensex soaring more than 1,000 points and the Nifty reclaiming the 24,000 mark, as easing geopolitical tensions in West Asia and falling crude oil prices boosted investor sentiment globally.The 30-share BSE Sensex jumped 1,073.61 points, or 1.42 per cent, to close at 76,488.96, while the NSE Nifty…
‘Dark transit’: How Gulf producers keep energy shipments moving despite Hormuz closure
As the ongoing conflict in the Middle East tightens pressure on global energy supply routes, oil giants from UAE and Qatar are turning to unconventional shipping tactics to move its oil and gas out of the Persian Gulf to nations that need energy. Adnoc is navigating one of the world’s most sensitive maritime corridors, the…
Oil stocks rally today: BPCL, HPCL and IOC jump 6% as fuel price hiked for fourth time in 10 days
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…