Negative Breakout: These 13 stocks cross below their 200 DMAs
In the Nifty500 pack, 13 stocks’ closing prices crossed below their 200 DMA (Daily Moving Averages) on February 27, according to stockedge.com’s technical scan data. Trading below the 200 DMA is considered a negative signal because it indicates that the stock’s price is below its long-term trend line. The 200 DMA is used as a […]
Dollar gains, euro sags as Iran war lifts energy prices
Investors sought safe havens as the euro slid and the Swiss franc rose following a U.S. and Israeli bombing of Iran that killed Ayatollah Ali Khamenei, creating a power vacuum and escalating Middle East war risks. Oil prices surged nearly 9% on fears of trade disruption, impacting energy importers like China and Europe.
Break below 25,100 may take Nifty down to 24,300: Analysts
Indian stock market benchmark Nifty faces a weak outlook for the upcoming week. Analysts suggest a potential fall to 24,700 and 24,300 if the 25,100 support level is breached. Investors are advised to consider selling opportunities on any rise.
Oil jumps as Iran conflict escalates, disrupts shipping
Brent crude futures shot up to $82.37, the highest since January 2025, in the first futures trading after the U.S. and Israel launched strikes on Iran and killed its Supreme Leader Ali Khamenei on Saturday. As of 0054 GMT, Brent futures were at $78.24 a barrel, up $5.37, or 7.37%.
Gold climbs 2% as US-Israel strikes on Iran raise regional temperature
Gold prices saw a significant jump on Monday. This surge followed major strikes by the U.S. and Israel on Iran, leading to the death of Supreme Leader Ayatollah Ali Khamenei. The events have heightened global tensions and economic uncertainty. Gold, a traditional safe-haven asset, reached its highest point in over four weeks.
Oil shock, AI worries to weigh on Indian markets amid rising global uncertainty
Indian stock markets are bracing for a weak opening this week. Rising oil prices due to US-Israeli actions against Iran are a major concern. This geopolitical tension could push crude oil prices to $100 a barrel. Investors are likely to shift towards safe-haven assets like gold and the US dollar.
No escape for the rupee also, it could slip below 91.50/$
The Indian rupee is poised for a fall below 91.50 against the US dollar on Monday. Global oil prices and geopolitical tensions are driving this weakening. The Reserve Bank of India is expected to intervene to stabilize the currency. This comes after a period of revival for the rupee in February.
GIC Re withdraws marine hull war cover in high-risk regions
State-owned GIC Re will withdraw Marine Hull War Risk cover from several high-risk regions starting in early March, including the Persian Gulf, Black Sea, and Red Sea, amid rising geopolitical tensions. Ship owners should review their insurance arrangements, as there will be no war risk protection from GIC Re for operations in these regions after […]
Global Market | Conflict closes Dubai, Abu Dhabi stock markets to Tuesday: Regulator
The Emirates have been hit by Iranian strikes since Saturday in response to the joint Israeli-US attacks.
Regulator’s concerns pertain to pockets of speculation, not entire derivatives market: Tuhin Kanta Pandey
Sebi Chairperson Tuhin Kanta Pandey emphasized a principle-driven, data-backed approach to curb excessive speculation in equity derivatives, particularly focusing on short-tenor index options. He clarified that recent measures target specific pockets of speculation, not the entire derivatives market, aiming to preserve liquidity and market function while ensuring responsible operation.