Nomura has also trimmed its year end forecast for the Nifty 50, lowering the target to 24,900 from 29,300. (AI image) US-Iran war shock for stock markets: Brokerages Citi Research and Nomura have lowered their year end forecasts for the key benchmark index Nifty50, pointing to growing risks to economic growth and corporate earnings as…
Gold started the week on a shaky note, slipping Rs 2,225 to hit Rs 1.56 lakh per 10 grams in Monday’s futures trade, dragged down by a firm US dollar and weak overseas markets. On the Multi Commodity Exchange, April gold contracts fell 1.4% to Rs 1,56,241 on a turnover of 7,881 lots. “Rising energy…
Stock market outlook (AI image) Stock market recommendations: Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities shares his view on Nifty, Bank Nifty and top sectors in focus amid the ongoing Middle East conflict and US-Iran war. Here is his view for the week starting March 16, 2026. Nifty ViewThe sell-off on Dalal…
Gold on the domestic front on the daily chart is witnessing a short-term corrective phase after a strong uptrend. (AI image) Gold price prediction today: Gold prices are supported by the underlying geopolitical negative sentiment but the gains are capped, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.Gold declined last…
US President Donald Trump on Monday criticised the US Supreme Court’s decision to invalidate his global tariffs, warning that the ruling could cost the United States trillions of dollars. He said that the verdict will benefit foreign countries and companies that have been “ripping off the United States of America” for decades.” Commenting on his…
MUMBAI: Ahead of the onset of peak summers, a brisk business season for consumer durables companies, some AC makers are feeling the heat of the West Asia war as restricted supplies of LPG and shortage of petrochemicals are beginning to hit production, industry executives said. LPG is used in processes such as brazing of copper…
Oil Above $100, Markets in Red: How the Iran War Triggered a $240 Billion Shock for Indian Investors India’s stock markets have suffered a sharp setback after geopolitical tensions in the Middle East triggered a wave of global financial uncertainty and according to market data compiled from the Bombay Stock Exchange and the National Stock…
Bullion prices in domestic markets remained under strain last week. On the Multi Commodity Exchange, silver tumbled by Rs 8,850, marking a decline of 3.3 per cent, while gold fell by Rs 3,168, a drop of about 2 per cent. According to Pranav Mer, Vice President, EBG – Commodity & Currency Research, JM Financial Services…
Top stocks to buy (AI image) Stock market recommendations: Coal India, and State Bank of India (SBI) are the top stock recommendations by Motilal Oswal Financial Services Ltd for this week starting March 16, 2026. Stock name CMP (Rs) TP (Rs) UPSIDE (%) Coal India 467 520 11% SBI 1047 1300 24% Coal IndiaCoal India…
Oil prices climbed further on Monday after the US administration signalled that the Middle East crisis may persist for several more weeks, raising concerns over prolonged disruptions to global energy supplies. Donald Trump also called on other countries to help secure the Strait of Hormuz — one of the world’s most crucial routes for oil…
