Oil prices declined amid global recession fears, though losses were limited by potential Middle Eastern supply disruptions and US inventory drawdowns. Weak economic data from the US, China, and Europe heightened concerns. Geopolitical tensions and OPEC Plus production policies further influenced the market, while reduced Chinese demand and refinery activity added to the fluctuations.
HDFC Bank shares in focus as Atanu Chakraborty quits, says certain values didn’t align; ADRs tumble 7%
HDFC Bank faces potential selling pressure as its part-time Chairman, Atanu Chakraborty, resigned citing ethical concerns over recent bank practices. Keki Mistry has been appointed