Indian stock market: On Tuesday, Indian stock market benchmarks—the Sensex and Nifty 50—continued to decline for the third consecutive session as investors stayed cautious due to ongoing worries about a potential economic slowdown in the US, geopolitical tensions in the Middle East, and high market valuations. The Sensex began the […]
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In its recent earnings preview for the June quarter (Q1FY25), domestic brokerage Motilal Oswal Financial Services (MOFSL) forecast a 4 percent year-on-year (YoY) growth in Nifty50 earnings. Excluding global commodities like Metals and Oil & Gas (O&G), the Nifty is expected to see a 10 percent YoY earnings growth for […]
The volatility in Crude oil prices with a upward bias, the concerns on marketing margins being fueled further due to ongoing election season, weakness in Gross refining margins, a led to pressure on Hindustan Petroleum Corporation (HPCL), Bharat petroleum Corporation (BPCL) and Indian Oil Corporations Ltd (IOCL) share prices. The […]
Despite the overall market maintaining a flat trajectory after the opening bell, shares of BPCL and HPCL surged by 5% and 2.6%, respectively, following the company’s posting of a performance in line with expectations for the March quarter. Milestone Alert! Livemint tops charts as the fastest growing news website […]
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