Indian markets brace for further declines as escalating Middle East tensions, fueled by US President Trump’s rhetoric, push oil prices skyward. The rupee is also expected to weaken, hitting record lows. Investors remain cautious, with foreign funds divesting holdings, as the conflict’s duration and impact on crude remain uncertain.
Vijay Kedia’s new smallcap bet revealed; FIIs raise stake, stock up 15% in one month
Kedia Securities, backed by ace investor Vijay Kedia, acquired a fresh 1.45% stake in smallcap engineering firm Eimco Elecon during the June 2026 quarter. The