Aviation and travel stocks were struggling with sharp sell-offs on Monday after Middle East conflict intensified and regional air traffic was disrupted. Shares of InterGlobe Aviation, which operates IndiGo, along with SpiceJet, Ixigo and Easy Trip Planners, dropped by up to 13.5% as multiple countries shut their airspace following US and Israeli strikes on Iran….
Defence stocks (AI image) Defence stocks today: Contrary to the crash in Nifty50 and BSE Sensex, defence stocks on Monday moved up in trade as rising Middle East tensions brought focus back on them. Shares of defence companies such as Hindustan Aeronautics, Bharat Dynamics, BEL and Paras Defence surged by as much as 13.5% as…
Gold price prediction (AI image) Gold price prediction today: Rising tensions in the Middle East and developments around US, Israel and Iran are expected to keep gold prices volatile this week, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd. Last week, gold and silver rallied to over three-week highs amid…
Stock market today (AI image) Stock market crash today: Nifty50 and BSE Sensex crashed in opening trade on Monday amidst rising Middle East tensions and global market turmoil, with impact on crude oil prices and trade in focus. While Nifty50 went below 24,900, BSE Sensex was done over 1,000 points. At 11:04 AM, Nifty50 was…
Asian stock markets began March in red, as investors reacted to increased to increasing tensions in the Middle East and stronger than expected US inflation data. Japan’s Nikkei 225 fell sharply, losing over 2%, before easing to a 1.5% drop at 57,947, shedding over 900 points by 9:15. In Hong Kong, Hang Seng declined 1.7%…
“Gold and silver prices are expected to remain extremely volatile, with a likely gap-up opening on Monday as the Middle East conflict, involving renewed US and Israeli military action against Iran, continues to weigh heavily on global risk sentiment,” said Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities. He added that escalating…
Stock market is expected to react negatively when trading resumes, with analysts cautioning that escalating geopolitical tensions in the Middle East could weigh heavily on investor sentiment and trigger a volatile start to the week, according to market experts quoted by PTI.The US and Israel attacked Iran on Saturday, while Iranian state media confirmed early…
Oil prices surged by as much as 10 per cent as markets opened in Asia, after US and Israeli strikes on Iran heightened fears of a wider conflict in the Middle East and potential disruption to global energy supplies.Brent crude and Nymex light sweet crude both leapt sharply in early trading on Monday, before easing…
India’s automobile industry sustained its growth momentum in February, with leading carmakers reporting higher dispatches to dealers as steady consumer demand supported sales across passenger vehicles and utility segments.Leading automakers Maruti Suzuki, Tata Motors Passenger Vehicles, Mahindra & Mahindra and Hyundai posted an increase in vehicle dispatches last month, reflecting continued strength in the domestic…
UAE Stock Markets Closed: Regional Conflict Halts Trading on ADX and DFM In an unprecedented economic response to escalating regional conflict, the United Arab Emirates has announced that its two major financial markets, the Abu Dhabi Securities Exchange (ADX) and the Dubai Financial Market (DFM), will remain closed on Monday, March 2 and Tuesday, March…
