Asian markets mostly declined on Friday as investor optimism around artificial intelligence stocks faded amid rising concerns over inflation, elevated oil prices and uncertainty surrounding the Iran war.Japan’s Nikkei 225 fell 1.2% to 61,880.04, while South Korea’s Kospi dropped 3.2% to 7,727.34 after briefly crossing the 8,000 mark for the first time.The sharp reversal came…
NEW DELHI: Petrol and diesel prices were hiked by Rs 3 per litre each on Friday after state-run oil companies faced mounting losses due to a sharp rise in global crude oil prices triggered by the ongoing West Asia conflict.Petrol in Delhi now costs Rs 97.77 per litre, up from Rs 94.77, while diesel prices…
Commenting on the fuel price revision, Arvind Kumar of IOCL said that the hike was relatively small despite mounting global pressures. (AI image) Calling the petrol and diesel price hike a ‘small rise’, Indian Oil Corporation Limited (IOCL)‘s Director (Refineries) Arvind Kumar has said that refineries are running at over 100% capacity to maintain uninterrupted…
Gold is attempting to recover from the lower Bollinger band after a steep decline. (AI image) Gold price prediction today: Gold prices are seeing a weak intra-day bias, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities. He recommends a sell on rise strategy:Gold futures on MCX are trading near ₹1,60,326 after…
Global crude oil prices climbed more than 1% on Friday after US President Donald Trump said he would not remain “much more patient” with Iran, while fears over attacks on ships and disruptions in the Strait of Hormuz continued to keep markets on edge.Brent crude futures rose $1.32, or 1.25%, to $107.04 a barrel by…
Chennai: India’s automobile exporters began the new fiscal year in buoyant form. Shipments of locally made cars, utility vehicles and two-wheelers rose at a double-digit pace in April, despite logistical snarls triggered by tensions in West Asia. For now, exporters point out that diversification across markets is cushioning the blow. Passenger vehicle (PV) exports were…
NEW DELHI: After petrol and diesel prices were hiked, state-owned oil companies on Friday increased CNG prices by Rs 2 per kg, amid rising global energy crisis linked to the West Asia conflict.In Delhi, the price of CNG has been raised from Rs 77.09 per kg to Rs 79.09 per kg. The move comes a…
Top stocks to buy (AI image) Stock market recommendations: Bajaj Broking Research has chosen NMDC, and Jayaswal Neco Industries as the top stock picks for May 15, 2026. The brokerage has shared its target prices and time period to attain it. Let’s take a look:NMDCBuy in the range of ₹ 91.00-93.50 Target Return STOPLOSS Time…
Top stocks to buy (AI image) HSBC has initiated its coverage of SRF with a buy rating and the target price at Rs 3,390. Analysts said SRF was one of India’s largest chemical manufacturing companies, with 50% of its revenue coming from overseas. Improving fundamentals in specialty chemicals and performance films to drive a 26%…
NEW DELHI: Union govt has banned the export of sugar till Sept 30 this year with immediate effect, a move aimed at enhancing domestic availability and preventing any price rise. Earlier, the exports were under a restricted category, under which a licence was required for the outbound shipments. “The export policy of sugar (raw sugar,…
