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Oil rises as US orders diplomats to leave Saudi Arabia amid escalating tensions
Oil prices rose as Houthi attacks in Saudi Arabia increased tensions and led to US diplomatic withdrawals. Brent crude futures gained $1.29, while US West
Systemic liquidity seen uneven as some banks continue market borrowing
Several banks in India have been borrowing from the market despite substantial foreign currency non-resident deposits inflow. This situation indicates that excess liquidity is not
Jio IPO bids hit 70,000 crore on day 1; outpaces NSE, LIC, GIC issues
The initial public offering of Jio Platforms has attracted impressive attention, with an oversubscription of 3.16 times. Institutional investors were particularly keen, subscribing at a
Bond yield rises to 7.44% on higher oil prices, global cues
Yields on the 10-year benchmark bond have increased due to high oil prices. The Reserve Bank of India rejected all bids at the treasury bill
Jefferies sees valuation upside in select IT stocks despite muted growth forecast
Jefferies has identified opportunities for further valuation gains in selected Indian IT stocks. While the sector experienced a sharp rally in October, growth expectations remain
Market sell-off deepens as midcaps enter correction zone
Indian equities, especially the Nifty Midcap 150 index, have recently slipped into correction territory as valuations soar. The small-cap and micro-cap indices are mirroring this
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