Break below 25,100 may take Nifty down to 24,300: Analysts
Indian stock market benchmark Nifty faces a weak outlook for the upcoming week. Analysts suggest a potential fall to 24,700 and 24,300 if the 25,100 support level is breached. Investors are advised to consider selling opportunities on any rise.
Oil jumps as Iran conflict escalates, disrupts shipping
Brent crude futures shot up to $82.37, the highest since January 2025, in the first futures trading after the U.S. and Israel launched strikes on Iran and killed its Supreme Leader Ali Khamenei on Saturday. As of 0054 GMT, Brent futures were at $78.24 a barrel, up $5.37, or 7.37%.
Gold climbs 2% as US-Israel strikes on Iran raise regional temperature
Gold prices saw a significant jump on Monday. This surge followed major strikes by the U.S. and Israel on Iran, leading to the death of Supreme Leader Ayatollah Ali Khamenei. The events have heightened global tensions and economic uncertainty. Gold, a traditional safe-haven asset, reached its highest point in over four weeks.
Oil shock, AI worries to weigh on Indian markets amid rising global uncertainty
Indian stock markets are bracing for a weak opening this week. Rising oil prices due to US-Israeli actions against Iran are a major concern. This geopolitical tension could push crude oil prices to $100 a barrel. Investors are likely to shift towards safe-haven assets like gold and the US dollar.
Global Market | Conflict closes Dubai, Abu Dhabi stock markets to Tuesday: Regulator
The Emirates have been hit by Iranian strikes since Saturday in response to the joint Israeli-US attacks.
No escape for the rupee also, it could slip below 91.50/$
The Indian rupee is poised for a fall below 91.50 against the US dollar on Monday. Global oil prices and geopolitical tensions are driving this weakening. The Reserve Bank of India is expected to intervene to stabilize the currency. This comes after a period of revival for the rupee in February.
GIC Re withdraws marine hull war cover in high-risk regions
State-owned GIC Re will withdraw Marine Hull War Risk cover from several high-risk regions starting in early March, including the Persian Gulf, Black Sea, and Red Sea, amid rising geopolitical tensions. Ship owners should review their insurance arrangements, as there will be no war risk protection from GIC Re for operations in these regions after […]
Regulator’s concerns pertain to pockets of speculation, not entire derivatives market: Tuhin Kanta Pandey
Sebi Chairperson Tuhin Kanta Pandey emphasized a principle-driven, data-backed approach to curb excessive speculation in equity derivatives, particularly focusing on short-tenor index options. He clarified that recent measures target specific pockets of speculation, not the entire derivatives market, aiming to preserve liquidity and market function while ensuring responsible operation.
We expect policy rate to be at current level or lower for a long time: Sanjay Malhotra, Governor, RBI
While policy rates in India are likely to stay at current levels or even go lower for an extended period, there are risks as well, Malhotra said. Inflation is looking benign and going forward, underlying inflation is expected to remain low. It will depend on growth-inflation dynamics as they play out. We are still living […]
Mutual funds get a structural reset as Sebi introduces new norms
SEBI has revamped mutual fund categories. New rules simplify schemes for investors. Lifecycle funds offer goal-based investing. Existing solution-oriented funds will merge. Fund houses can now offer both value and contra funds with limits. Sectoral and thematic funds also face new overlap rules. These changes aim for greater transparency and easier comparison for all investors.