At 6:30 AM, GIFT Nifty Futures were up 123 points at 25,207, indicating a gap-up opening for the Indian bourses.
According to the Israeli military, airstrikes were carried out on several Hezbollah intelligence and weapons storage sites within the Lebanese capital
At 6:34 AM, GIFT Nifty Futures were trading 25 points higher at 25,157, suggesting a flat to positive start for Indian markets.
Israel has been weighing options to respond to Tehran's ballistic missile attack last week, carried out in response to Israel's military action in Lebanon
Israeli military strikes are targeting Iran's armed allies across a nearly 2,000-mile stretch of the Middle East and threatening Iran itself. The efforts raise the possibility of an end to two decades of Iranian ascendancy in the region, to which the 2003 US invasion of Iraq inadvertently gave rise. In Washington, Tel Aviv and Jerusalem, and Arab capitals, opponents and supporters of Israel's offensive are offering clashing ideas about what the US should do next, as its ally racks up tactical successes against Hezbollah in Lebanon and the Houthis in Yemen and presses its yearlong campaign to crush Hamas in Gaza. Israel should get all the support it needs from the United States until Iran's government follows other dictatorships of the past into the dustbin of history, said Richard Goldberg, a senior adviser at Washington's conservative-leaning Foundation for the Defense of Democracies calls echoed by some Israeli political figures. Going further, Yoel Guzansky, a former senior ...
At 6:40 AM, GIFT Nifty futures were trading 89 points higher at 25,262 levels, suggesting a robust opening for the markets.
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Oil prices climbed this week as tensions in the Middle East escalated. Iran launched missiles at Israel and the Israelis threatened retaliation, raising the possibility of a disruption to the flow of oil from the region. A jump in oil prices automatically spurs fear of a spike in gas prices, but experts see reasons that may not happen. Here's a look at the current situation and the outlook for oil and gas prices: Familiar tensions, different times Oil prices rose than USD 6 per barrel this week and prices at the pump moved higher as well. The average price for a gallon of gas rose 5 cents from last week. Any major escalation of tensions in the Middle East conjures up memories of the oil embargo that followed the start of the Yom Kippur war in 1973, which quadrupled oil prices. However, the global supply of oil has been altered radically since the 1970s, with the US becoming the world's largest oil producer. Months of war between Israel and Hamas and Hezbollah, two Iranian proxies,
After 1,080 days as president, Joe Biden on Friday decided to pop in and take questions in the White House briefing room for the first time, striding in with a grin after a strong monthly jobs report and the temporary settlement of a strike by ports workers. The president has been less available than his recent predecessors to questions from White House press corps, making his surprise appearance welcome to the gathered reporters who waited as his press secretary's daily briefing was moved up 15 minutes, then delayed for nearly one hour. The president stepped through the press room's blue door in a dark gray suit and red tie and proceeded to make news in response to questions about comments on the 2024 presidential election, the latest jobs numbers and the escalating conflict in the Middle East. The 81-year old stepped aside from the Democratic nomination this summer, backing Vice President Kamala Harris instead. He acknowledged doubts about whether the November election would be ..
FPIs net sell Rs 37,088 cr shares this week amid major shift to China
The escalating fighting between Hezbollah and Israel has raised fears that the United States and Iran will be sucked into the Middle East conflict raging on several fronts
Hashem Safieddine is widely regarded as a likely successor to Hassan Nasrallah. If appointed, he could take charge of Hezbollah during a challenging period amid increased escalation with Israel
If Israel proceeds with air attacks, the Iranian response would be significant
Israel says it is targeting Hezbollah after nearly a year of rocket attacks that began on October 8 and displaced some 60,000 Israelis from communities in the north
Last year, the firm ditched a more market-based pricing policy in favor of one that gave it more flexibility to smooth out price swings
At 7:06 AM, GIFT Nifty futures also indicated a weak start for the bourses, trading 66 points lower at 25,410 levels.
IMF spokesperson Julie Kozack told a regular news briefing that the Washington-based global lender is closely monitoring the situation in southern Lebanon with "grave concern"
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The BSE Sensex fell as much as 1,264.2 points, or 1.50 per cent, reaching an intraday low of 83,002.09. Similarly, the Nifty 50 dropped 345.3 points, or 1.33%, hitting an intraday low of 25,451.60
Iran launched approximately 200 missiles at Israel targeting civilian areas and endangering lives, thanks to proper civilian response and advanced defences, the damage was relatively minor, he said