New Delhi, March 2 (IANS) Global crude oil prices went up more than 7 per cent on Monday as war in West Asia escalated, following US and Israeli military strikes on Iran.Brent crude futures prices surged to $82.37, the highest since January 2025. Brent crude oil price rallied 7.60 per cent to $78.41 a barrel, while the US West Texas Intermediate (WTI) crude futures rallied 7.19 per cent to $71.86.Iran has closed navigation through the crucial Strait of Hormuz, prompting governments and refiners …
Latest JM Financial Institutional Securities News & Updates
New Delhi, March 1 (IANS) Brent crude could climb above $90 per barrel with Strait of Hormuz disruption or exceed $100 per barrel in a broader regional conflict, a report said on Sunday.The report from JM Financial Institutional Securities said the crude has already climbed to about $72.8 per barrel and limited retaliation could add $5–10 per barrel, while direct damage to Iranian oil infrastructure could add $10–12 per barrel.Every $1 rise in crude increases India’s annual import bill by …
New Delhi, Feb 4 (IANS) History shows trade announcements by US President Donald Trump often evolve through revisions and reinterpretations, a report has said, adding that the Indian government has neither confirmed stopping purchase of Russian oil, nor mentioned tariff reduction against the US to zero.The report from JM Financial Institutional Securities also noted that the Indian government has not specified a timeline for buying $500 billion of US energy, technology, agriculture, coal and oth…
New Delhi, Dec 23 (IANS) Early signs of recovery in loan disbursements across most retail and vehicle segments point to a healthier growth in credit cycle in India in FY27, a report said on Tuesday.The report from JM Financial Institutional Securities said that disbursement momentum across sub-segments rose 6 per cent and 35 per cent year‑on‑year in H1 FY26 and Q2 FY26, respectively, versus a growth of 3 per cent and 11 per cent YoY in FY25.Public sector banks gained share in personal, home …