IEA Projects 6% Drop in Oil Investments Amid Weak Demand and Prices
The International Energy Agency (IEA) forecasts a 6% decline in global oil investments for 2025 — the first notable contraction in over a decade outside the Covid-19 pandemic period. This…
Wall Street Wavers as Optimism Fades Amid Weak Economic Data and Escalating Tariff Risks
US stock futures trended lower early Thursday, reflecting growing skepticism about the economy’s resilience to elevated tariff levels under President Trump. Dow futures remained flat while S&P 500 and Nasdaq…
Japan’s 30-Year Bond Auction Sees Weakest Demand Since 2023, Raising Issuance Concerns
Japan’s 30-year government bond auction delivered its weakest bid-to-cover ratio since 2023, highlighting growing discomfort among institutional investors with ultra-long-dated sovereign debt. The auction recorded a bid-to-cover ratio of 2.92,…
Markets Show Mixed Performance Ahead of ECB Rate Decision Amid Inflation Cooling
Investors are closely watching the European Central Bank’s (ECB) monetary policy meeting scheduled for later today, widely anticipating a further interest rate cut. Following the ECB’s 25 basis points reduction…
Asian Shares Rise Cautiously as Dollar Softens Ahead of ECB Decision
Asian equities inched upward on Thursday, buoyed by improved risk appetite but tempered by a cautious global sentiment ahead of the European Central Bank’s (ECB) policy announcement. The MSCI Asia-Pacific…
Despite April Rebound, Indian Equities Lag Behind Emerging Markets in 2025
In a surprising turn for 2025, Indian equities have trailed other emerging markets, marking the first instance of such underperformance since 2020. While markets have rebounded sharply since mid-April, the…
Sensex Surges 400 Points, Nifty Crosses 24,700 India VIX Drops Over 3% Amid Broad Market Rally
India's benchmark indices witnessed a strong upward move on Thursday, buoyed by positive cues from Asian markets and softening U.S. Treasury yields. The Sensex jumped 400 points intraday, settling 262.33…
Waaree Energies Shares Rise 3% After OFS Announcement in Indosolar
Shares of Waaree Energies jumped nearly 3% on June 5, following the company’s announcement to offload a 1.15% stake in Indosolar Limited through an Offer for Sale (OFS). This move…
Dr. Reddy’s Shares Jump 4% on Biosimilar Deal with Alvotech
In a significant move, Dr. Reddy’s entered a strategic collaboration with Alvotech to co-develop, manufacture, and commercialize a biosimilar of Keytruda (pembrolizumab). This cancer immunotherapy drug is widely used across…
Sensex Gains for Second Day, Nifty Crosses 24,750; Smallcaps Lead Market Rally
The Indian stock market stayed in positive territory for the second consecutive day on June 5, with both Sensex and Nifty registering solid gains. This momentum comes just a day…
