Everyone’s overlooking how oil blasting past $100 is creating a hidden strain on refining margins and consumer confidence. It’s not just a headline—energy stocks in India are flirting with breakpoints while airlines and pharma shiver under rising input costs. If you think crude’s rally is a simple windfall for oil majors, you’re missing the broader macro drag it’s unleashing.
Here’s a thesis you won’t hear on CNBC: the House’s insider-trading ban for Congress (Abcnews.com) collides with surging IT momentum. As tech names break out, financial stocks may stumble under new compliance costs and political optics. That disconnect could spark a rotation from banks into software for a few weeks.
Action takeaway: use today’s gap in Nifty futures (BusinessLine) to position for an IT-led follow-through or hedge with banking short-stops. Keep size small, set tight levels, and let the volatility work in your favor.
IT stocks power Nifty higher; crude, Rupee pressure cap gains
The morning rally was led by information technology stocks, which dominated the top gainers on the Nifty 50; Jio Financial Services surged 5.69% to ₨249.07, emerging as the top gainer.
Nifty slips below key support as crude tops $100, tech selloff rattles global markets
Markets opened lower on Friday, with the Nifty 50 falling 134.45 points, or 0.56 per cent, to 23,735.15 in early trade, extending its losing streak to a fifth consecutive session.
Sensex, Nifty sink below key EMAs at midday; Adani Enterprises, Cipla lead losses
Sensex and Nifty drop below key EMAs; Adani Enterprises and Cipla lead midday losses amid domestic selling pressure.
Economic Digest: A Snapshot of Nepal’s Business News
KATHMANDU: Economic Digest presents a brief yet comprehensive roundup of major business developments in Nepal, delivered in clear and accessible summaries. Nepal’s latest economic developments present a mixed picture of steady policy execution and infrastruct…
House passes bill that would ban members from buying stock
The House on Wednesday passed a bill that would ban members of Congress from trading individual stocks.
The Comeback of the Century: Wall Street Wrote Him Off…
But Elon's $3 Trillion Comeback Could Begin Soon. Elon Musk was declared washed up and finished. But any day now, he could unveil a new technology that outshines Tesla, SpaceX, even PayPal… a breakthrough big enough to solve America's toughest problem, make President Trump a hero to the Western World… and spark a $3 trillion boom. Early investors could see massive gains. Details here.
Patriots scouting report: Isaiah Iton needs to pick up where he left off
Previewing the Patriots defensive lineman heading into his third NFL season.
Markets in pressure at midday; banking, IT, pharma drag; auto bucks trend
Markets remained under significant pressure through Wednesday’s midday session, with the Sensex and Nifty sliding sharply as selling intensified across banking, information technology, and pharmaceutical stocks.
Stock market today: Sensex plunges over 600 pts; Nifty slips below 24,050 in early trade
Asian markets traded higher on Wednesday, buoyed by Wall Street's AI-led rally, even as investors remained cautious over surging oil prices and escal…
Economic Digest: A Snapshot of Nepal’s Business News
KATHMANDU: Economic Digest presents a brief yet comprehensive roundup of major business developments in Nepal, delivered in clear and accessible summaries. Nepal’s latest economic and policy developments reflect a mixed but cautiously optimistic outlook, with…
Nifty slips below 24,200; IT, Banking stocks drag mid-session
Markets were trading lower in mid-afternoon trade on Tuesday, with the Nifty50 slipping 82.45 points or 0.34 per cent to 24,156.05 and the Sensex down 293.85 points or 0.38 per cent to 77,414.67 as of 12.58 pm, pressured by broad-based selling in information …
[Urgent] Starlink Set For The Largest IPO In History?
He turned PayPal from a tiny, off-the-radar startup… to a massive $64 billion giant. Then, he did it again with Tesla… which is up more than 19,500% since 2010. And now, Elon could be set to do it for the third and final time… with what might be his biggest breakthrough yet. And for the first time ever, you have the rare chance to profit BEFORE the upcoming IPO. Click here now for the urgent details on this hidden play.
Banking rout deepens: Sensex tumbles 718 points, Nifty below 24,200 as HDFC Bank, Axis bleed
Axis Bank was the worst performer on the Nifty50, crashing ₨75.60 or 5.69% to ₨1,252.90 on heavy volume of over 1.81 crore shares worth ₨2,29,489.21 lakh.
Ex-tradie in the running for Australia's best small bar prize
Taran Howard opened up his small bar in Sydney's inner west last September. Since then, he has learnt how to mix drinks “on the fly”.
Nifty futures and Nifty Bank futures might advance
F&O Tracker shows positive market signs with Nifty and Bank Nifty gaining, despite mixed derivatives positioning.
Nifty breaks past 24,200 as IT stocks surge; broader market lags
IT stocks drive Nifty above 24,200, while broader markets show mixed performance amid ongoing trading trends.
