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Persistent geopolitical tensions and soaring crude oil prices are pushing the Indian rupee towards a historic low, with analysts now forecasting a potential slide to 100 per dollar.
US Secretary of State Marco Rubio states that military objectives against Iran, including dismantling its navy and air force, will be achieved within weeks, not months.
Powerica's ₹1,100 crore IPO struggles with weak subscription numbers and a declining grey market premium, reflecting cautious investor sentiment amid broader market volatility.
Shares of Indian defence shipbuilders, including GRSE and Mazagon Dock, surged up to 20% following GRSE's announcement of its highest-ever annual turnover for FY26.
Capital market stocks, including Angel One and BSE, surged after the RBI deferred stricter capital market exposure norms, providing temporary relief to the brokerage industry.
Indian stock markets witnessed a historic rally, with the Sensex surging over 2,000 points, driven by a landmark trade deal between India and the US.
Indian benchmark indices Sensex and Nifty surged by over 2.7% as investor sentiment improved on signs of de-escalation in the US-Iran conflict and falling crude oil prices.
Indian banking stocks snapped a two-day losing streak with the Nifty Bank index surging over 3%, driven by easing oil prices and improved global sentiment.
GMR Airports has finalized the divestment of its 40% stake in the Mactan Cebu International Airport, receiving ₹1,390 crore as part of its deleveraging strategy.
Iranian President Masoud Pezeshkian cautioned European leaders against intervening in the ongoing conflict, highlighting severe repercussions during a call with the European Council President.
Motilal Oswal maintains a 'buy' rating on Adani Ports, forecasting a 39% upside to a target price of Rs 1,820, citing limited impact from geopolitical tensions.
Aviation fuel prices more than doubled to a record Rs 2.07 lakh per kilolitre, and commercial LPG rates surged by Rs 195.50 amid the West Asia conflict.
Coforge secures RBI approval for its overseas investment plan to acquire Encora, while Sammaan Capital, Texmaco Rail, and Bharti Airtel also report significant corporate developments.
Hindustan Aeronautics Ltd reported a 4% revenue growth for FY26, falling short of its 8-10% guidance due to supply chain disruptions and delivery delays.
Indian benchmark indices Sensex and Nifty recorded a massive rally, driven by easing geopolitical tensions, positive global market performance, and renewed foreign fund inflows.
US President Donald Trump has indicated that military operations in Iran could conclude within two to three weeks, stating a formal deal is not required for withdrawal.