Sensex, Nifty, Share Prices Live: India’s equity and bullion markets are on edge due to escalating tensions between Israel and Iran, which could lead to a full-scale war. The conflict’s impact is already being felt, with fears of a spike in crude oil prices, potentially impacting the economy and leading to inflationary pressures. Kranthi Bathini of WealthMills Securities emphasized the need for diplomatic solutions to avoid market volatility. With India’s equity markets already under pressure from reduced expectations of significant Federal Reserve interest rate cuts, the conflict adds further uncertainty. Analysts predict a possible correction in equity markets this week, especially if oil prices react strongly. Gold prices are expected to rise as investors seek safe-haven assets amidst geopolitical tensions. However, caution is advised, as gold prices could be volatile, swinging by $100-200 an ounce, similar to past conflicts. Meanwhile, Stocks in Asia declined on Monday, following a drop in US equities, amid escalating tensions following Iran’s unprecedented attack on Israel over the weekend. Equity indices in Japan, South Korea, and Australia all fell.
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Iran-Israel conflict: Indian equity, bullion markets could get caught in the crossfire (14-04-2024)
India’s equity markets have already been under pressure due to fading expectations for significant Federal Reserve interest rate cuts this year following the US’ March inflation print
Most PMS schemes beat Nifty in FY24 (14-04-2024)
As much as 80 per cent, or 264 of the 324 schemes, were able to beat the returns generated by Nifty, data from PMS Bazaar show
FPIs infuse over ₹13,300 crore in equities in April so far amidst bullish economic outlook (14-04-2024)
They invested ₹13,602 crore in March, ₹22,419 crore in February, and ₹19,836 crore in January
Firms told to run gas units as power ask rises (14-04-2024)
India registered an 8 per cent% rise in electricity consumption in the 12 months ended March 31, and demand is expected to rise in the hot summer months
Inflows into equity MF schemes jump 25% to ₹1.86 lakh cr in FY24 (13-04-2024)
The flow was led by buoyancy in small and mid-cap schemes
Deals activity slows further in BFSI sector as investors turn cautious (13-04-2024)
There were 13 M&A deals in the first quarter of 2024 for a total value of $973 million, both down 28% sequentially
Emerging-market bulls tout Modi premium as election nears (13-04-2024)
PM Narendra Modi’s 10 years in office have ensured political stability and policy continuity, helping reduce extreme swings in asset prices
Govt sets coal production target of 170 million tonnes for FY25 (13-04-2024)
In FY24, captive and commercial coal blocks produced 147.12 million tonnes (MT) of dry fuel, 26 per cent higher from 116 MT produced in FY23
India’s forex reserves rise to an all-time high of $649 billion (12-04-2024)
Forex reserves in the reporting week mainly buoyed by increase in gold reserves, foreign currency assets