Oil prices retreated below $100 after fresh signs of US-Iran dialogue despite escalating tensions and a naval blockade. Markets remain volatile as supply disruptions persist and peace prospects stay uncertain. Analysts warn prices could stay elevated, with risks of further spikes if geopolitical tensions prolong and energy flows remain constrained.
Ceigall India shares gain 4% after securing LoI for Rs 5,300 crore power transmission project
Ceigall India shares rose nearly 4% after the company received a Letter of Intent from REC Power Development and Consultancy for a Rs 5,300 crore