🚨🚨 IMF raises alarm amid Iran war: 'Inflation could rise by 2%, output may contract by 1%'
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Moneycontrol
IMF raises alarm amid Iran war: 'Inflation could rise by 2%, output may contract by 1%'- Moneycontrol.com
Oil prices jumped 10 percent after Qatar reported "extensive" damage to a major liquefied natural gas facility following Iranian strikes, heightening fears about supply disruptions.
Asian stocks edge higher at open as oil retreats
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Moneycontrol
Asian stocks edge higher at open as oil retreats- Moneycontrol.com
The MSCI Asia Pacific Index rose 0.3% after losing 2.6% in the last session, when strikes on energy assets in the Middle East stoked concerns of a prolonged economic impact from the war.
#MarketsWithMC | Bulls fight back: Sensex surges 900 pts, Nifty above 23,300; three key reasons behind market gain
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Moneycontrol
Bulls fight back: Sensex surges 900 pts, Nifty above 23,300; three key reasons behind market gain- Moneycontrol.com
Value buying was seen a day after the Indian equity benchmarks slumped more than 3% in their worst session since June 2024.
#MarketsWithMC | OMC stocks rally up to 3.5% as crude cools; HPCL, IOC, BPCL lead gains, Reliance jumps over 3%
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Moneycontrol
OMC stocks rally up to 3.5% as crude cools; HPCL, IOC, BPCL lead gains, Reliance jumps over 3%- Moneycontrol.com
Sensex falls over 400 pts from day's high, Nifty near 23,200: Weak rupee among key factors behind markets trimming gains
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Moneycontrol
Sensex falls over 400 pts from day's high, Nifty near 23,200: Weak rupee among key factors behind markets trimming gains- Moneycontrol.com
Persistent FII selling, Brent crude staying well above $100 are among key factors weighing on investor sentiment on March 20
Accenture’s Q2 performance signals AI-driven growth for Indian IT firms
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Moneycontrol
Accenture’s Q2 performance signals AI-driven growth for Indian IT firms- Moneycontrol.com
Indian IT companies including TCS, Infosys, HCLTech, Wipro, too will benefit from the growing AI demand in North America that Accenture is alluding to, industry analysts said.
Auto stocks face earnings risk as CLSA cuts estimates on crude, supply disruptions
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Moneycontrol
Auto stocks face earnings risk as CLSA cuts estimates on crude, supply disruptions- Moneycontrol.com
The brokerage said the key uncertainty is whether the impact remains limited to the near term or evolves into a broader earnings downgrade cycle. It noted that during the first Covid wave, auto OEM stocks corrected 30–45 percent over a 40-day period, indicating…
Sensex Today | Stock Market Live: Sensex pares gain to 600 pts, Nifty up 0.9% at 23,200; gains narrow as banks lag
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Moneycontrol
Sensex Today | Stock Market Live: Sensex, Nifty off day's high with Nifty at 23,100; realty, private bank drags | Moneycontrol…
Sensex Today | Stock Market LIVE Updates: Except media, private bank, realty, all other sectoral indices are trading in the green with IT, metal, pharma, PSU Bank up 1% each. Nifty midcap index up 0.6%, while smallcap index is trading flat. JSW Steel, Tech…
Closing Bell: Nifty above 23,100, Sensex up 326 pts; IT, metal, pharma stocks rally
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#Economy | 🚨 Core sector growth declined to three-month low of 2.3% in February
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Adani group begins talks to refinance $3.5 billion Ambuja, ACC acquisition loans
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Moneycontrol
Adani group begins talks to refinance $3.5 billion Ambuja, ACC acquisition loans- Moneycontrol.com
The three-year facility, due for repayment later this year, is being refinanced as the group explores funding options including domestic lenders.
🚨 Donald Trump calls NATO allies 'cowards' over refusal to help secure Hormuz Strait
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US stocks, bonds fall as Iran war shows no signs of easing
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Moneycontrol
US stocks, bonds fall as Iran war shows no signs of easing- Moneycontrol.com
The S&P 500 fell about 1%, set for its the longest weekly slide in a year.
*Eris Lifesciences, Natco Pharma to launch generic #Ozempic at 90% cheaper price*
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Moneycontrol
Eris Lifesciences, Natco Pharma to launch generic Ozempic at 90% cheaper price- Moneycontrol.com
Eris launch coincides with a parallel entry by Natco Pharma, which will also bring its semaglutide injections to market on the first day of patent expiry tomorrow
🚨 'I don’t want a ceasefire': Trump says US is 'obliterating' Iran, Strait of Hormuz will 'open itself'
~ “Look, we can have dialogue, but I don’t want to do a ceasefire. You know, you don’t do a ceasefire when you’re literally obliterating the other side.”
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~ “Look, we can have dialogue, but I don’t want to do a ceasefire. You know, you don’t do a ceasefire when you’re literally obliterating the other side.”
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