Mumbai, July 26 (IANS) The benchmark equity indices are likely to remain under pressure in the coming week, with the Sensex facing immediate resistance around the 76,300 level and the Nifty expected to find crucial support near 23,600 after both indices extended losses in a volatile trading week marked by rising crude oil prices, geopolitical tensions and weak banking stocks, analysts said on Sunday.According to experts, the Sensex surrendered the gains made in the previous week and slipped belo…
Latest Geopolitical Tensions News & Updates
Mumbai, July 24 (IANS) Gold and silver prices traded lower on Friday, with both precious metals falling by up to nearly 1 per cent as stronger US dollar and escalating geopolitical tensions in the Middle East weighed on investor sentiment.On the Multi Commodity Exchange (MCX), gold futures for August delivery opened at Rs 1,42,392 per 10 grams, down 0.30 per cent from the previous close of Rs 1,42,821 per 10 grams.At around 12 pm, the yellow metal fell as much as Rs 1,079 or 0.75 per cent to an …
New Delhi, July 23 (IANS) War-risk insurance premiums for vessels operating on Gulf shipping routes have risen sharply amid escalating geopolitical tensions in West Asia, according to a report released on Thursday.As per analysis of Equirus Raghnall Insurance Broking, war-risk premiums on high-risk shipping routes have increased by 200-300 per cent in recent months and, in some cases, by more than 1,000 per cent.Premiums for the riskiest voyages have reportedly climbed from around 0.2-0.5 per ce…
Mumbai, July 19 (IANS) Indian equity markets are expected to remain focused on key technical levels in the coming week, with analysts indicating that the Sensex could face immediate resistance in the 78,400–78,600 range, while the Nifty will need to decisively breach the 24,400–24,500 zone to extend its recent recovery.In the previous week, the Indian equity markets closed on a strong note, extending their recovery despite persistent geopolitical tensions, elevated crude oil prices and conti…
New Delhi, July 11 (IANS) Global smartphone shipments declined 11 per cent (year-on-year) in the April-June quarter (Q2 2026), reaching the lowest second-quarter levels since 2013, a report showed on Monday, as the memory shortage deepened and emerged as the dominant drag on the industry.According to preliminary estimates from Counterpoint Research’s Market Monitor, DRAM and NAND prices continued to balloon through the quarter as memory suppliers kept prioritising AI data centre demand over cons…
Mumbai, July 12 (IANS) The Indian stock market is expected to remain range-bound with a cautiously positive bias in the coming week, as analysts see key resistance levels for the benchmark indices while maintaining that the broader market trend remains intact despite recent volatility.According to market experts, the Sensex is likely to encounter immediate resistance in the 77,800-78,000 zone, while the Nifty faces a crucial hurdle between 24,400 and 24,600.A decisive breakout above these levels…
Mumbai, July 11 (IANS) Foreign institutional investors (FIIs) turned net buyer in the Indian equity markets this week, purchasing Rs 4,670 crore based on provisional exchange data.Domestic institutional investors (DIIs) were also net buyers as usual, purchasing Rs 8,280 crore. Mutual fund systematic investment plan (SIP) contributions reached a three-month high of Rs 31,780 crore in June, according to the latest data released by the Association of Mutual Funds in India (AMFI). This reflects a st…
New Delhi, July 9 (IANS) India’s economy is projected to grow 6.6 per cent in FY27, with the country expected to remain among the world’s fastest-growing major economies despite global headwinds, supported by policy measures and strong services exports, a report has said.The report by the Asian Development Bank (ADB) highlighted that its revised FY27 growth projection remains higher than the International Monetary Fund’s (IMF) latest FY27 growth estimate of 6.4 per cent.”Growth will be supported…
Mumbai, July 9 (IANS) Indian equity benchmarks advanced in early trade on Thursday despite renewed geopolitical tensions and a rebound in crude oil prices to the $80-a-barrel mark.Sensex surged as much as 0.32 per cent or about 250 points to hit an intraday high of 76,752 in morning trade, while Nifty climbed 0.20 per cent or 46.90 points to 23,928.95.Sectorally, Nifty Consumer Durables led the gains, rising 1.39 per cent, followed by Nifty Mid-Small Financial Services (0.95 per cent), Nifty Cem…
Mumbai, July 4 (IANS) India’s aviation sector saw a gradual recovery in international traffic in May over easing geopolitical tensions in West Asia and continued to witness strong domestic demand, a report said on Saturday.Easing geopolitical tensions facilitate gradual normalisation of international flight operations, while lower fuel costs support airlines despite continued pressure from a weak rupee on aircraft leases, maintenance and other dollar-denominated operating expenses, the report …