Rupee began the week on a negative note, with market sentiment weighed down by a stronger dollar, rising crude oil prices and escalating geopolitical tensions. On Monday, the domestic currency opened at 95.35 against the US dollar in the interbank foreign exchange market, slipping 17 paise from its previous close of 95.18.The decline comes after…
Geopolitical tensions in West Asia intensified further as military activity between Israel and Iran continued. (AI image) Stock market crash today: Nifty50 and BSE Sensex crashed in opening trade on Monday, with benchmark indices extending losses as weak global cues, relentless foreign investor selling and rising geopolitical concerns dented market sentiment.The broad sell-off erased more…
Gold and silver prices started the week on a weak note on the Multi Commodity Exchange (MCX), with both precious metals witnessing sharp declines on Monday. Rising tensions in the Gulf region pushed crude oil prices higher, reviving concerns over inflation, while stronger-than-expected economic readings from the United States strengthened expectations that interest rates may…
Top stocks to buy today (AI image) Stock market recommendations: Shriram Finance, Cummins India are the top stocks that Motilal Oswal Wealth Management Research Desk has recommended for the week starting June 8, 2026. The brokerage has also shared target levels and possible upside. Stock Name CMP (Rs) Target (Rs) Upside (%) Shriram Finance 923…
Morgan Stanley maintained its overweight rating on Titan with the target price at Rs 5,182. Analysts projected a 19% annual jewellery revenue growth for Titan through FY30. The company is aiming to increase market share from 8.5% to 11%. Its gold exchange programs now drive about 50% of the revenue, and despite stricter import documentation,…
The global airline industry is set for a sharp downturn in profitability in 2026, with earnings almost halved compared to earlier forecasts, as the ongoing Middle East conflict pushes up fuel prices, disrupts key flight routes and strains airline operations worldwide.The International Air Transport Association said on Sunday that it now expects the industry to…
OPEC+ on Sunday agreed to a fourth consecutive increase in oil production targets, even as the ongoing US-Iran conflict continues to restrict exports from several member countries and disrupt global energy supplies, Reuters reported.Seven core members of OPEC+, which includes the Organization of the Petroleum Exporting Countries and allies such as Russia, decided to raise…
Indian benchmark indices ended a volatile session marginally lower on Friday as investors digested the Reserve Bank of India’s monetary policy decision and continued foreign institutional investor (FII) selling, while keeping a close watch on global developments, according to an ET report.The RBI kept the repo rate unchanged at 5.25% and maintained its neutral policy…
Global production of Sustainable Aviation Fuel (SAF) is expected to reach around 2.4 million tonnes in 2026, accounting for just 0.8% of total aviation fuel consumption, highlighting the scale of the challenge facing the airline industry’s net-zero ambitions, according to the International Air Transport Association (IATA).IATA estimates that airlines will spend about $4.3 billion on…
Gold and silver prices are expected to remain sensitive to developments in Middle East, movements in crude oil prices and a series of key economic data releases this week, analysts said.Market participants will closely track trade and inflation data from China and the US, consumer sentiment figures from Washington and India’s Consumer Price Index (CPI)…
