Latest business news
Gold prices on the Multi Commodity Exchange (MCX) surged past the ₹1 lakh-mark on Friday, driven by robust safe-haven demand following a sharp escalation in geopolitical tensions between Israel and Iran. Renewed conflict in the Middle East, expectations of interest rate cuts, and a risk-off sentiment across financial markets collectively contributed to the rally in…
US stock market ended sharply lower on Friday, led by losses in financials and information technology stocks, after conflict in the Middle East escalated as Iran launched counterstrikes at Israel. The Dow Jones Industrial Average dropped 1.79% to 42,197.79, while the S&P 500 declined 1.13% to end at 5,976.97. The Nasdaq closed 1.30% lower at…
Crude oil prices jumped over 7% on Friday as Israel – Iran conflict raised worries of a wider disruption in oil exports from the Middle East. Brent crude oil futures gained $4.87, or 7.02%, to settle at $74.23 a barrel after earlier soaring over 13% to an intraday high of $78.50, the strongest level since…
Gold rate today: Gold prices on the MCX started Friday on a strong note, mirroring the uptrend in global bullion markets amid escalating geopolitical tensions in the Middle East, which boosted demand for the yellow metal as a safe haven. Silver prices continued to rise as well. MCX gold opened with a gain of ₹1,108…
The strikes reportedly came in response to Iran being on the brink of developing nuclear weapons, amplifying the instability across West Asia and fuelling fears about oil prices remaining stubbornly high. The Israel-Iran conflict has sent Brent crude prices soaring above $75 a barrel, stoking fears of inflationary pressure driving up input costs and threatening…
Airline stocks declined around the world on Friday after Israel launched airstrikes across Iran, forcing several countries in the Middle East to close their airspace to commercial flights. Airlines were the worst-performing sector in Europe, with Air France-KLM, Deutsche Lufthansa AG and British Airways parent IAG SA sliding over 3%. Discount carriers Ryanair Holdings Plc,…
Copper prices declined in the international market as escalating geopolitical tensions in the Middle East and concerns over expanded US tariffs dampened investor sentiment and triggered risk-off behavior across global markets. On the London Metal Exchange (LME), copper fell 0.9% to $9,611 per ton, registering a 0.9% drop for the week. Similarly, copper on the…
Bitcoin prices fell 3% on Friday, in line with other cryptocurrencies after Israel launched airstrikes on Iran in a major escalation in the Middle East geopolitical tensions. The largest digital asset, Bitcoin prices slipped as much as 3% to around $103,000 before paring losses, according to data on CoinMarketCap. The second largest cryptocurrency. Ethereum prices…
Stocks to buy under ₹100: Following weak global cues amid the rising Israel-Iran conflict, the Indian stock market witnessed sharp selling pressure on Thursday. The Nifty 50 index crashed 253 points and closed at 24,888, the BSE Sensex nosedived 823 points and ended at 81,691, while the Bank Nifty index finished 377 points lower at…
Buy or sell stocks: Following weak global cues amid the rising Israel-Iran conflict, the Indian stock market witnessed sharp selling pressure on Thursday. The Nifty 50 index crashed 253 points and closed at 24,888, the BSE Sensex nosedived 823 points and ended at 81,691, while the Bank Nifty index finished 377 points lower at 56,082….
