Markets opened under severe selling pressure on Wednesday morning, with the BSE Sensex plunging 1,626.71 points or 2.03 per cent to 78,612.14 by 9.55 am, from its previous close of…
Category: Market
Rupee breaches the 92/USD mark amid intensifying West Asia conflict
on Wednesday breached the 92 to the mark amid intensifying West Asia war, rising global crude oil price, and being weighed by continuous selling pressure from foreign portfolio investors. Moreover,…
L&T shares tumble 7.5% as top Nifty 50 loser, brokerages divided on Gulf exposure risks
Shares of tanked 7.5 per cent in early trade on Wednesday, marking their fourth consecutive session of losses amid rising concerns over the company’s exposure to the West Asia and…
Asian markets in freefall: South Korea’s Kospi, Kosdaq slump 12%, trigger circuit breakers on US-Iran war jitters
South Korean markets crashed on Wednesday, in line with a sell-off in other Asian markets, with the benchmark indices, Kospi and Kosdaq hitting lower circuit limits, as the escalating war…
Crude oil trades higher as Iran crisis disrupts West Asian supply
traded higher on Wednesday morning as the Iran crisis continued to disrupt supplies from major West Asian markets. At 9.59 am on Wednesday, May Brent oil futures were at $82.64,…
PNGS Reva Diamond Jewellery share price makes a weak debut, opens with 2.85% discount at ₹375 on NSE
PNGS Reva Diamond Jewellery share price made a weak debut on the bourses today. On NSE, PNGS Reva Diamond Jewellery share price opened at ₹375 per share, 2.85% lower than…
Rupee falls to record low of 92.17 to the dollar as West Asia war rattles markets
The Indian rupee weakened past 92 per dollar for the first time on Wednesday as an intensifying war in West Asia drove oil prices sharply higher, heightened the risk of…
Diesel soars all over the world in outsized Iran war impact
Diesel prices across the globe surged to multi-year highs as the war on Iran expanded across the West Asia, pressuring markets already grappling with low supplies and adding to the…
Tejas Networks, Paras Defence to Zen Technologies: War stocks rise amid escalation in US-Iran conflict
Stock market today: Despite the stock market crash on Wednesday, defence stocks that deal in war equipment saw strong buying interest in early morning trading. Tejas Networks’ share price, which…
Dollar reclaims ultimate haven role as war, inflation angst grow
The widening conflict in the West Asia has made one thing clear: At a time when investors are rushing for safety, the dollar is still the premier asset of choice.…