Washington, March 9 (IANS) Wall Street is likely to start the second week of March in the red on Monday (US time). The Dow Jones futures — an early indicator of the US stock markets — traded lower after crude oil prices climbed above $110 per barrel.S&P 500 futures were down about 1 per cent, while Nasdaq 100 futures slipped around 1.1 per cent, reflecting persistent risk aversion in global markets.Dow Jones Futures were trading at 46,964.86, down 536.69 points or 1.13 per cent ahead of Wa…
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Mumbai, March 9 (IANS) Shares of major state-owned oil marketing companies (OMCs) traded under pressure on Monday, declining up to nearly 9 per cent in early trade as the conflict involving Iran disrupted energy flows through the Strait of Hormuz and rattled global markets.Global crude oil prices surged past the $100-a-barrel mark.With this development, OMC stocks such as Indian Oil Corporation (IOCL), Bharat Petroleum Corporation (BPCL), and Hindustan Petroleum Corporation (HPCL) slumped up to …
Mumbai, March 9 (IANS) The Indian equity markets plummeted close to 3 per cent in early trade on Monday tracking global weakness, rising crude oil prices amid escalating tensions in the Middle East.As of 9.22 AM, the Sensex lost 2,333 points, or 2.96 per cent, to reach 76,585 and Nifty dipped 686 points, or 2.81 per cent to reach 23,764.Main broad-cap indices performed in line with the benchmark indices, as the Nifty Midcap 100 slipped 3.28 per cent, and the Nifty Smallcap 100 dipped 3.37 per ce…
New York, March 3 (IANS) US President Donald Trump signalled on Tuesday that he was ready for a prolonged war in a post on Truth Social, asserting that its munition stockpiles can hold out. In a post that used the ominous word “forever”, he said, “As was stated to me today, we have a virtually unlimited supply of these weapons” at the medium and upper medium levels.“The United States Munitions Stockpiles have, at the medium and upper medium grade, never been higher or better,” he wro…
Mumbai, March 2 (IANS) The Indian equity markets opened the week sharply lower on Monday, tracking a broad risk-off sentiment across global markets due to the US, Israel and Iran war.As of 9.28 am, Sensex lost 891 points, or 1.10 per cent, to reach 80,395 and Nifty eased 268 points, or 1.07 per cent, at 24,909.Main broad-cap indices performed in line with the benchmark indices, as the Nifty Midcap 100 declined 1.14 per cent, and the Nifty Smallcap 100 lost 1.35 per cent.All sectoral indices trad…
Mumbai, Jan 16 (IANS) The Indian benchmark indices traded with gains on Friday, buoyed by crude oil prices falling overnight and indication of the European Union (EU) and India signing a free trade agreement (FTA) later this month.As of 9.25 am, Sensex added 239 points, or 0.29 per cent to reach 83,622 and Nifty advanced 50 points, or 0.2 per cent to 25,715.Main broad cap indices performed in line with benchmark indices, with the Nifty Midcap 100 adding 0.35 per cent, and the Nifty Smallcap 100 …
Mumbai, Dec 27 (IANS) Indian equity markets ended the week in a positive terrain, buoyed by expectations of stronger domestic demand, a favourable liquidity outlook and optimism over potential Fed policy easing in 2026, analysts said on Saturday.The holiday-shortened week opened with a bullish undertone; however, momentum tapered off as the days progressed.On Friday, Sensex closed at 85,041.45, slipping 367.25 points or 0.43 per cent. Nifty also ended in the red, falling 99.80 points or 0.38 per…
Mumbai, Dec 23 (IANS) Indian benchmark indices opened in the red zone on Tuesday, weighed down by losses in the IT stocks after artificial intelligence (AI) stocks in the US showed revival.As of 9.30 am, the Sensex declined 159 points, or 0.19 per cent to 85,407 and the Nifty lost 32 points, or 0.13 per cent to 26,139.Main broad cap indices showed divergent trends, with the Nifty Midcap 100 down 0.18 per cent, while the Nifty Smallcap 100 added 0.07 per cent.ONGC, Tata Steel and NTPC were among …