The Iran crisis highlights the complex reality of oil pricing, differentiating between physical and financial markets. While financial markets anticipate future resolutions, physical markets reflect immediate scarcity and soaring costs due to disrupted shipping and increased freight expenses, leading to significant price disparities globally.
ITC shares rise 2% after Q2 results. What are Jefferies, Nuvama and others saying?
ITC shares gained 2% despite an 18.5% year-on-year decline in Q2 net profit, as higher taxes and falling cigarette earnings weighed on profitability. However, its
November 3, 2026