Why stock market is rising today? Sensex surges over 1,300 pts; Nifty hits 23,800; 6 key factors behind today's rally

 17 Apr 2025 01:22 PM

Indian benchmark indices rebounded strongly, fueled by robust buying in financial stocks despite global economic concerns. The surge was driven by positive FII inflows, trade talk optimism, and a weakening dollar. Additionally, U.S. tariff exemptions and stable crude oil prices further bolstered investor sentiment, contributing to the market's upward trajectory.

Why stock market is rising today? Sensex surges over 1,500 pts; Nifty hits 23,800; 6 key factors behind today's rally

 17 Apr 2025 01:22 PM

Indian benchmark indices rebounded strongly, fueled by robust buying in financial stocks despite global economic concerns. The surge was driven by positive FII inflows, trade talk optimism, and a weakening dollar. Additionally, U.S. tariff exemptions and stable crude oil prices further bolstered investor sentiment, contributing to the market's upward trajectory.

Why stock market rose today? Sensex surges 1,509 pts; Nifty breaches 23,800; 6 key factors behind today's rally

 17 Apr 2025 01:22 PM

Indian benchmark indices rebounded strongly, fueled by robust buying in financial stocks despite global economic concerns. The surge was driven by positive FII inflows, trade talk optimism, and a weakening dollar. Additionally, U.S. tariff exemptions and stable crude oil prices further bolstered investor sentiment, contributing to the market's upward trajectory.

Buy Jyothy Labs, target price Rs 405: Axis Securities

 17 Apr 2025 09:31 AM

Axis Securities suggests buying Jyothy Labs shares. The target price is Rs 405. The company's financials show a slight dip in quarterly income but an increase year-over-year. Growth is expected due to product mix improvements and cost management. Revenue, EBITDA, and PAT are projected to rise. Rising palm oil prices pose a potential risk.

US-China trade fight slams stocks, sends gold to record high

 17 Apr 2025 07:33 AM

Global shares plummeted as new U.S. chip restrictions on China and tariff uncertainties rattled tech stocks. Gold soared to record highs while the dollar weakened. The Fed is holding steady on interest rates, awaiting further economic data amidst trade policy shifts. Concerns over global supplies drove oil prices up, while bitcoin saw a slight increase.

Oil heads for weekly rise as US adds sanctions on Iran, OPEC cuts

 17 Apr 2025 07:28 AM

Oil prices surged following new U.S. sanctions on Iranian oil exports and OPEC producers' pledges for deeper output cuts. Brent crude rose to $66.19 a barrel, while U.S. West Texas Intermediate reached $62.91. These gains, fueled by concerns over tighter supply and bolstered by significant draws in U.S. gasoline and distillate stocks, mark the first weekly rise in three weeks.

Arriving: Private rail wagons to move petroleum products

 17 Apr 2025 12:16 AM

Indian Railways is preparing a new private wagon scheme. This scheme aims to address transport needs of the oil and gas sector. Railway Board will procure wagons for oil companies. These wagons are designed for bulk petroleum products. Oil companies will recover costs through lease charges. Railways will manage the operation of these wagons.

Oil up 1% on potential for US-China talks, Iraq output cut plan

 16 Apr 2025 07:18 PM

Oil prices rose around 1% on Wednesday, as the market drew some strength from the possibility of trade talks between China and the United States and a report that Iraq will cut oil production in April.

Oil rises 1% on potential for US-China talks, Iraq output cut plan

 16 Apr 2025 07:18 PM

Oil prices rose around 1% on Wednesday, as the market drew some strength from the possibility of trade talks between China and the United States and a report that Iraq will cut oil production in April.

Govt, industry must create significant incentive, logistics structure for SAF: SpiceJet CMD Ajay Singh

 16 Apr 2025 04:22 PM

SpiceJet CMD Ajay Singh urges government-industry collaboration to boost sustainable aviation fuel (SAF) production, crucial for emission reduction. He proposes locating SAF refineries near airports to cut transportation costs and integrating SAF production into existing oil refineries. Singh emphasizes the need for significant incentives and logistical support to scale up SAF production from 0.