Oil Price Today (April 17): Crude oil prices fall on Israel-Lebanon ceasefire, Iran war peace talks. Is the worst over?
Oil prices dipped as Middle East tensions eased with a Lebanon-Israel ceasefire and potential US-Iran talks. President Trump indicated a deal with Iran was close, following a 10-day truce that removes a key obstacle to negotiations. Experts anticipate continued volatility but expect prices to remain supported.
Gloabl Markets: Asian stocks dip as traders await ceasefire news
Asian stocks declined as investors reduced holdings ahead of the weekend, awaiting progress on extending the US-Iran ceasefire. This follows a global equity rally driven by expectations of prolonged peace, which pushed markets to record highs. Crude oil prices slipped as President Trump expressed optimism about a permanent truce, while gold edged higher.
Arohan Financial plans to file for IPO within a month
Microfinance firm Arohan Financial Services is preparing to file for a ₹1,400-crore IPO within a month, aiming for a ₹600 crore primary issue and ₹800 crore offer for sale. This move follows a recovery in the microfinance sector after significant asset quality stress over the past two years.
Small & micro-caps charge to the front, bluechips need a FPI reload
Indian small and micro-cap stocks are bouncing back strongly after the West Asia conflict. Mid-cap shares are also nearing their pre-war highs. This recovery is powered by local investors returning to these beaten-down stocks. However, large blue-chip companies are still lagging behind. Foreign investors’ caution towards India is limiting their gains.
Stocks in news: Wipro, HUL, Angel One, Alembic Pharma, HDFC Life
Markets ended flat on Thursday after a volatile session, with analysts maintaining a positive outlook and recommending a buy-on-dips strategy. Key stocks like Wipro, HUL, Angel One, Alembic Pharma, and HDFC Life are in focus due to Q4 results and corporate actions.
Logistics firms enter last mile for IPO delivery, rev up for Rs 9,000 crore issues
India’s logistics sector is poised for a significant IPO cycle, with several companies preparing to raise an estimated ₹8,000-9,000 crore. Driven by improving demand and a supportive policy environment, firms like Horizon Industrial Parks, Leap India, and Shiprocket are leading the fundraising wave.