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The Sensex rose around 500 points and the Nifty crossed 24,500 on Monday after Donald Trump announced talks with Iran, pushing oil prices lower. IndiGo, ITC, FMCG, and metals led the gains as cheaper crude eased cost and inflation concerns.
Asian Paints, IndiGo, NMDC, Glenmark Pharma, IREDA, and around a dozen other listed Indian companies report their January-March quarter earnings today. The results cover consumer, aviation, metals, pharma, and green energy sectors, making it one of the busiest days of this earnings season.
Air India, IndiGo, and SpiceJet have jointly appealed to the government for ATF price relief, warning the airline industry is near a breaking point. Rising oil prices from West Asia tensions and airspace rerouting are compounding fuel costs on long-haul routes. No government response has been announced yet.
India's Sensex jumped 1,274 points and Nifty50 rose 381 points at Monday's open, led by IndiGo and Hindalco, as Iran nuclear talk signals and falling crude oil prices boosted sentiment. Lower crude directly benefits aviation margins and lifts risk appetite for cyclical stocks. The rally's sustainability hinges on crude
Tag
The Sensex rose around 500 points and the Nifty crossed 24,500 on Monday after Donald Trump announced talks with Iran, pushing oil prices lower. IndiGo, ITC, FMCG, and metals led the gains as cheaper crude eased cost and inflation concerns.
25d ago · 3 min · Markets
Asian Paints, IndiGo, NMDC, Glenmark Pharma, IREDA, and around a dozen other listed Indian companies report their January-March quarter earnings today. The results cover consumer, aviation, metals, pharma, and green energy sectors, making it one of the busiest days of this earnings season.
3mo ago · 3 min · Markets
Air India, IndiGo, and SpiceJet have jointly appealed to the government for ATF price relief, warning the airline industry is near a breaking point. Rising oil prices from West Asia tensions and airspace rerouting are compounding fuel costs on long-haul routes. No government response has been announced yet.
4mo ago · 2 min · Business
India's Sensex jumped 1,274 points and Nifty50 rose 381 points at Monday's open, led by IndiGo and Hindalco, as Iran nuclear talk signals and falling crude oil prices boosted sentiment. Lower crude directly benefits aviation margins and lifts risk appetite for cyclical stocks. The rally's sustainability hinges on crude
4mo ago · 1 min · Markets
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