Oil Price Today (May 25): Crude oil hits 2-week low as US-Iran peace deal moves closer. Is the worst behind?
Oil prices dipped to two-week lows as U.S.-Iran peace talks showed progress, potentially reopening the vital Strait of Hormuz. Despite optimism, significant hurdles remain, with disruptions continuing to impact global oil supplies. Analysts caution that even with a deal, full normalization could take months, with potential impacts extending for years.
NFP Sampoorna Foods shares to list today. Check GMP ahead of debut
NFP Sampoorna Foods is poised for its stock market debut on Monday, with grey market signals suggesting a flat listing. The company, specializing in cashew nut processing and distribution, raised Rs 24.53 crore through its IPO. Despite a focus on quality and certifications, the zero grey market premium indicates cautious investor sentiment ahead of its […]
High risk, high reward S Korea to debut AI-boom linked ETFs
South Korea is launching its first single-stock leveraged ETFs, linked to chipmakers Samsung Electronics and SK Hynix, aiming to double daily stock movements. These products are expected to attract significant retail investor interest, potentially amplifying the market’s already high volatility and concentration risk.
Political turmoil haunts emerging market investors
Emerging markets are experiencing a surge in political instability, impacting investments from Latin America to Eastern Europe. Recent events in Colombia, Peru, Bolivia, and Turkey have led to market sell-offs as political risks intensify. This turmoil highlights the underlying vulnerabilities within the asset class, particularly when macroeconomic conditions are strained.
Margin pressure, slower growth outlook may cap upside for Sun Pharma stock
Sun Pharma reported strong revenue and profit growth in the March quarter, but EBITDA margins faced pressure from increased investments and lower milestone income. The company anticipates range-bound margins and moderating revenue growth in FY27, driven by specialty launches and R&D spending. Domestic formulations remain robust, while US segment recovery is expected to be gradual.
Pushp Brand likely to file for Rs 1,000 crore IPO this month
Spices manufacturer Pushp Brand (India) is reportedly preparing to file its draft red herring prospectus for an IPO exceeding ₹1,000 crore by the end of May. The Indore-based firm, known for its ‘Pushp Masale’ brand, plans a mixed offering of fresh shares and an offer for sale. ICICI Securities and IIFL Capital Services are expected […]
Jane Street may take Singapore route to sort out India tax row
With the Income Tax (I-T) department questioning the tax benefits it had claimed, the Wall Street firm is understood to be working on initiating the ‘Mutually Agreed Procedure’ (MAP) — the dispute resolution mechanism under the treaty between Indian and Singapore, two persons told ET.
Nifty likely to trade in a range; 23,800 a key breakout hurdle
Nifty is expected to trade rangebound with a mild bullish undertone this week, consolidating amid mixed cues. Analysts see 23,800-24,000 as a key hurdle, with 23,150-23,250 acting as support. A breakout above 24,000 could trigger a rally towards 24,600, while a break below support may lead to further declines.
We are ambitious and working to become a top 5 private bank again: Vinay Tonse, MD & CEO, Yes Bank
Yes Bank is embarking on an ambitious journey to enhance its foundational elements—people, processes, products, and technology. With a keen eye on both corporate and retail sectors, the bank is committed to fostering resilient growth. While it remains vigilant about lending to MSMEs in light of geopolitical uncertainties, there’s currently no sign of distress.
Retail, traders chase midcap rally with stock futures bets
Retail and high net worth traders have reached record levels in stock futures, driven by bullish momentum in mid and smallcap stocks. This shift from index futures occurs as headline indices trade in a narrow range, despite increased securities transaction tax and foreign investor pessimism.