Petronet LNG declares force majeure on LNG shipments amid Strait of Hormuz disruption
On Monday (March 2), shares of Petronet LNG Ltd ended at ₹310.40, down by ₹12.95, or 4.00%, on the BSE.
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United Spirits wins CESTAT case, ₹141 crore excise duty and penalty dropped
On Monday (March 2), shares of United Spirits Ltd ended at ₹1,373.25, down by ₹9.95, or 0.72%, on the BSE.
Trade Setup for March 4: Expiry saved Nifty the blushes, but for how long?
Nifty’s gap-down opening on Monday was driven by developments in the Middle East. Analysts say sentiment is likely to remain bearish unless the index sustains above 25,000, while a break below 24,600 could trigger a deeper correction.
Dow Jones tumbles 1100 points as fears of prolonged US-Iran war jolts Wall Street
US stocks fell sharply on March 3 due to renewed airstrikes by American and Israeli jets on Iranian targets. The S&P 500 dropped 1.6%, Dow Jones 2.23%, and Nasdaq 2.2%. Oil prices surged over 8.5%.
JSW Infrastructure reports damage to one tank at Fujairah Terminal after drone debris
On Monday (February 2), shares of JSW Infrastructure Ltd ended at ₹251.35, down by ₹3.50, or 1.37%, on the BSE.
Watch | Higher crude supports upstream oil stocks, downstream outlook weak: Probal Sen
ICICI Securities energy analyst Probal Sen said crude prices around $75 per barrel are unlikely to trigger windfall taxes, supporting upstream companies such as Oil and Natural Gas Corporation (ONGC) and Oil India. However, he expects near-term pressure on downstream…
Fino Payments Bank shares stage swift recovery after 14% plunge on MD & CEO arrest
Fino Payments Bank MD and CEO Rishi Gupta’s arrest was under the GST Act 20217 and SCGST Act 2017. The bank said the investigation is related to its business partners and not related to the GST compliance of the bank.
Paras Defence shares jump 13% amid West Asia tensions; co announces semiconductor foray
Paras Defence announced its entry into the semiconductor space with the incorporation of a new subsidiary, Paras Semiconductors Pvt Ltd. The company will hold a 70% equity stake in the unit.
India comfortable for LPG supplies for next 2-3 weeks — Sources say ‘no need to panic, we are very safe’
India is still receiving around 1.04 MBD of crude oil from Russia. The crude oil could trend at over $82 in the next 10 to 15 days, sources said.
Forget DeepSeek. China’s already released 5 new AI models and UBS prefers this one
MiniMax’s M2.5 AI model rivals Claude Opus 4.6 at one-tenth the price, driving developer adoption. UBS rates MiniMax a buy, citing global market potential and diverse AI tools.