Indian Equity Markets: Middle East war, crude prices to steer Dalal Street this week; Fed, inflation data also in focus

Developments in the ongoing Middle East conflict and the movement in crude oil prices will be the key drivers for Indian equity markets this week, analysts said, with investors also closely tracking the US Federal Reserve’s interest rate decision, inflation data and foreign fund flows after a bruising selloff in Dalal Street.Market participants are bracing…

Read More

Middle East conflict forces Indian exporters to reroute shipments, absorb higher costs

Indian exporters and logistics providers are scrambling to limit disruptions from the worsening Middle East conflict by closely tracking shipping carriers, planning consignments earlier and exploring alternate routes, even as freight rates, insurance premiums and transit times rise sharply amid uncertainty around the Strait of Hormuz.The main response from the exporting community has been defensive…

Read More

FPI profile: Foreign investors pull out Rs 52,704 crore in a fortnight as Middle East conflict rattles markets

Foreign portfolio investors (FPIs) turned aggressive sellers in Indian equities in March, pulling out Rs 52,704 crore (around USD 5.73 billion) from the cash market in the first fortnight of the month. The withdrawals come amid escalating tensions in West Asia, the weakening of the rupee and growing concerns over the impact of elevated crude…

Read More

Dubai air travel disruptions: Air India cancels, IndiGo reschedules flights after UAE restricts operations

Air India cancelled several flights scheduled for Sunday, to the United Arab Emirates, especially Dubai, as the evolving West Asia crisis has led to operational restrictions and schedule changes across the region.In a statement posted on X, Air India said UAE airport authorities had instructed airlines to reduce operations. “In view of the latest instructions…

Read More