πŸ“° Latest Economy & Stock Market News
Bitcoin stalls as Iran crisis lingers over crypto sentiments
Updated at : 2026-03-06 07:55:02

Bitcoin faces challenges in sustaining its upward trend. Global markets are recovering, but Bitcoin experienced a dip. Traders showed positivity compared to other assets. Recent news about Iran potentially relinquishing uranium stockpiles is influencing market sentiment. This development is driving a significant reversal across various financial markets.

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Share of sub-9% bank loans rises with fall in rates
Updated at : 2026-03-06 07:50:02

Bank loans below 9% interest surged to 62.4% in December 2025, a significant rise from 42.4% a year prior, indicating easing lending rates. Despite this, the number of bank borrowers dropped by nearly 13 million, suggesting a shift towards non-bank lenders and fintech firms.

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RBI bond buys help steady yields, offset liquidity drain
Updated at : 2026-03-06 07:45:02

The Reserve Bank of India has increased its intervention in the government securities market, purchasing bonds to counteract liquidity drained by foreign exchange market actions. This move aims to maintain transmission momentum and stabilize yields amidst geopolitical concerns. Bond buying, particularly in the 10-year benchmark, suggests the central bank may be capping upward yield movements.

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Rising oil prices to hit profit margins of OMCs, pump up upstream companies
Updated at : 2026-03-06 07:40:02

Rising crude oil prices are expected to significantly impact the March-quarter profits of oil marketing companies, compressing refining margins and widening LPG under-recoveries. While upstream companies like ONGC and Oil India stand to benefit from higher crude prices, gas utilities face pressure from surging LNG costs.

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Global Market Today | Asian stocks drop as war drags on, crude oil falls
Updated at : 2026-03-06 07:35:02

Asian equities experienced their steepest weekly loss in six years as renewed Iranian strikes and the ongoing Middle East conflict drove a broad retreat in risk assets. Oil prices edged lower, though they remain on track for their biggest weekly surge since 2022 amid supply disruption concerns. Markets remain tense as Iran shows no intention of backing down.

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Oil price down more than 2% in early Asian trade
Updated at : 2026-03-06 07:30:02

Oil prices fell more than two percent in early Asian trade after strong gains in recent days on the back of the conflict in the Middle East. "Further action to reduce pressure on oil is imminent and the oil (price) seems to have pretty much stabilised," US President Donald Trump said on Thursday.

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Stocks in news: Mazagon Dock, Indian Oil, GRSE, Petronet LNG, GAIL
Updated at : 2026-03-06 07:25:02

Indian markets saw a strong rebound on Thursday, closing with gains over one percent. Improved global sentiment and buying in major stocks fueled the rise. Several companies like Indian Oil, GAIL, and Mazagon Dock are in focus due to significant news. Petronet LNG issued a force majeure notice. Hindustan Zinc is collaborating on research.

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GIFT Nifty down 170 points; here's the trading setup for today's session
Updated at : 2026-03-06 07:20:02

Indian stock markets recovered, ending a three-day losing streak. Positive geopolitical developments provided support. Investors are now watching West Asia and global energy prices for future direction. The India VIX, a fear gauge, saw a significant drop. Foreign portfolio investors were net sellers, while domestic institutional investors bought shares.

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Stock market quote of the day by Carlos Slim HelΓΊ | "Courage taught me no matter how bad a crisis gets... any sound investment will eventually pay off."
Updated at : 2026-03-05 19:25:02

Market ups and downs are normal. Carlos Slim Helu, a business magnate, teaches that courage is key. Sound investments, backed by strong fundamentals, recover from crises. Emotional control helps investors distinguish temporary declines from fundamental changes. Patient capital is rewarded as quality businesses endure market volatility. This approach leads to long-term prosperity.

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Data Patterns among 6 stocks that hit 52-week highs & rallied up to 33% in a month
Updated at : 2026-03-05 19:20:02

The BSE Sensex surged 900 points to close above 80,000, pushing several stocks to fresh yearly highs. Companies including Data Patterns (India), Sai Life Sciences, Vardhman Textiles, and Lupin showed strong momentum with notable gains over the past month.

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