Equity markets head into Wednesday with global developments taking centre stage after crude oil prices jumped nearly 3% in early trade following US military strikes on Iran, reviving concerns over disruptions in the Strait of Hormuz. Back home, Sensex ended Tuesday 104.35 points lower at 78,180.72, while Nifty50 slipped 31.65 points to 24,398.70, with gains…
Stock market today: Oil climbs, Asian markets steady as investors assess fresh Middle East tensions Global markets opened Wednesday on a cautious note as renewed geopolitical tensions in the Middle East pushed oil prices higher, while Asian equities showed resilience after an initial volatility. The MSCI Asia Pacific Index was little changed after briefly falling…
Top stocks to buy today (AI image) Stock market recommendations: Hero MotoCorp, Tata Steel are the top stocks to buy recommended by Mehul Kothari, DVP – Technical Research at Anand Rathi Shares for July 7, 2026. He also recommends buying Nippon India ETF Nifty IT (ITBEES).Hero MotoCorp: Rebound Expected from Long-Term Trendline SupportBuy: Rs 5,020–Rs…
Gold price today: Yellow metal fell Rs 1,400 in previous session Gold prices have recorded a steep decline in the domestic market, with the price of 99.9% purity gold falling by Rs 1,400 to Rs 1,49,250 per 10 grams from the previous session. Silver also moved lower, shedding Rs 200 to Rs 2,39,800 per kilogram…
Calm in the oil markets proved short-lived as prices jumped nearly 3% in early Wednesday trade. The spike came after the United States launched military strikes against Iran in response to attacks on commercial vessels in the Strait of Hormuz, stoking fears that the fragile truce was beginning to unravel and threatening one of the…
Mumbai: NBFCs or shadow banks as central banks see them are growing more slowly than their regulated counterparts, even as a burst of small-ticket borrowing keeps their loan books ticking over.NBFC lending rose 14.2% year-on-year to Rs 58.6 lakh crore at end-May 2026, trailing the 17.7% pace of banks which have a Rs 215 lakh…
Mumbai: The rupee strengthened by 43 paise to 94.97 against the US dollar, recording its sharpest single-session gain in three weeks, supported by lower crude prices, improved global risk sentiment, and dollar selling in offshore markets.The currency opened at 95.33 and traded in a range of 94.94 to 95.37 during the session, before ending around…
New Delhi: India moved up two places to emerge as the 11th biggest recipient of foreign direct investment (FDI in 2025, with inflows jumping 44% to $39 billion. The country is emerging as a preferred destination for investments in electronics, automobiles material and industrial manufacturing, the latest World Investment Report said.The UNCTAD publication also said…
New Delhi: Starting next Tuesday, India’s official statistical machinery is set to release the index of services production (ISP), with base year 2024-25, which will act as a high frequency indicator to gauge short- term economic momentum, covering nearly two-third of gross value added (GVA) of the sector.Till now, policymakers have only relied on the…
NEW DELHI: Govt has asked the US Trade Representative (USTR) to reconsider its proposal to impose 12.5% additional tariff on Indian products for allegedly failing to act against forced labour, arguing that the move does not meet legal standards, lacks country-specific analysis and fails to establish causal link between absence of import prohibitions and its…
