“Heavyweights, such as Reliance and Tata Motors, which posted weaker-than expected performance, dragged the Nifty50 earnings,” it said, adding that Nifty50 profits, excluding Reliance Industries and Tata Motors, rose 9 per cent YoY against the expectations of 6 per cent growth.
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