Global oil markets are on edge as geopolitical tensions disrupt the vital Strait of Hormuz. Market strategist Ed Yardeni highlights uncertainty over the strait’s reopening as the primary driver of oil sentiment. He believes stability hinges on de-escalation and the diminishing threat to tanker traffic, with tangible normalcy only appearing when ships navigate safely.
IT stocks in focus after Oracle’s strong results; Nuvama says valuations now attractive after correction
Indian IT stocks may remain in focus after Oracle reported stronger than expected quarterly results and raised its revenue outlook. Nuvama said the recent 20%