Global Market Today | Asia shares slip, oil choppy as Gulf war escalates
Global markets tumbled as escalating US-Iran tensions and prolonged Israeli conflict sent oil prices soaring. Asian shares and futures dipped, with investors bracing for weeks of fighting. This inflationary shock has extinguished hopes for rate cuts, pushing central banks towards hikes and hammering bonds. The dollar strengthened as a safe haven.
No let up in war & rhetoric, a break of 22,900 can take Nifty to 22,500
Geopolitical tensions and US President Donald Trump’s stance on the Strait of Hormuz are creating market nervousness. Analysts predict Nifty will remain volatile this week. Key support is seen around 22,900, with a risk of decline to 22,500 if tensions escalate. Upside is expected to be capped between 23,400 and 24,200. Experts offer trading strategies […]
Kotak Bank set to acquire Deutsche’s retail business in Rs 4,500-crore deal
Kotak Mahindra Bank is poised to take a major leap by acquiring Deutsche Bank’s retail operations in India for around Rs 4,500 crore. This deal promises to strengthen Kotak’s retail lending capabilities and broaden its base of deposits. Meanwhile, Deutsche Bank’s exit reflects a larger strategy to streamline its operations worldwide.
Rupee may test 94–95 zone soon as geopolitical risks mount: Analysts
The Indian rupee is facing pressure, nearing the 94/$ mark against the US dollar due to escalating tensions in the Strait of Hormuz and potential oil supply shocks. Traders are closely monitoring crude oil prices and any intervention from the Reserve Bank of India to stabilize the currency amidst volatile geopolitical developments.
Joseph Kattoor to Chair South Indian Bank
South Indian Bank has appointed Jose Joseph Kattoor as its non-executive part-time chairman, effective March 23, 2026, for a three-year term. Kattoor, a former executive director at the central bank, brings extensive experience from leading key departments including enforcement and corporate strategy.
US Stock Market: Hedge fund nets 31% with early oil wager
Old West Investment Management significantly increased its energy stock holdings when oil was around $60 a barrel, anticipating a sector rally. Unexpected geopolitical events, including actions against Venezuela and Iran, coupled with a Middle East conflict, propelled oil prices and drove the firm’s flagship fund to a 31% return by late February, outperforming peers.
Dividend-paying companies offer a safer bet with capital gains uncertain
Investors are turning to dividend stocks amid market volatility. Several companies offer attractive yields, providing regular returns. These payouts are based on past performance, but future dividends can be affected by economic factors and government policies. Investors should consider their tax implications for effective returns. Special dividends from sectors like IT are also noted.
Options market eyes 2022 playbook for Iran war risks
Investors are referencing 2022’s market behavior for insights into potential Iran war impacts. A key concern is an inflation shock that could increase stock index correlations and sustain higher volatility. This scenario, driven by rising oil and gas prices, is shifting trader focus from individual stocks to broader macroeconomic worries.
If you want to have good governance, you cannot be in a yes-sir mode: Sashidhar Jagdishan
We will convene multiple board meetings over the next month to get the views of all directors on decisions taken over time. We will re-examine them, evaluate the action points and see where we need to improve. This issue was not of our making; it was thrust upon us. We will take stock of past […]
Mcap of five of top-10 most valued firms erodes by Rs 1 lakh cr; HDFC Bank biggest laggard
The combined market valuation of five of the top-10 most-valued firms eroded by Rs 1 lakh crore last week, with HDFC Bank taking the biggest hit.