Oil prices are fluctuating. The International Energy Agency is proposing a historic release of oil reserves. This move aims to counter supply disruptions caused by the war on Iran. Major oil benchmarks saw initial gains reversed. The U.S. and Israel conducted intense airstrikes on Iran. Saudi Arabia is boosting supplies via the Red Sea.
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%