Tag: oil

Instant view: Oil, Japan's yen up on reports Israeli missiles hit Iran

 stock analyst  04/19/2024  0 Comments on Instant view: Oil, Japan's yen up on reports Israeli missiles hit Iran

(Reuters) – Oil and gold prices rose and Japan\’s yen rallied on Friday on reports Israeli missiles have hit a site in Iran.

Iran-Israel conflict: 2-3% cut in Indian market likely, says Ajay Bagga

 stock analyst  04/19/2024  0 Comments on Iran-Israel conflict: 2-3% cut in Indian market likely, says Ajay Bagga

“Markets are playing blind man\’s bluff and they are just selling off first and then asking questions, says Ajay Bagga. Do not try to time this market. We do not know where it will go and how far? Both are very strong missile-based powers and this could increase in scope very fast. So, it is very difficult to price this.”

Here\’s why Deven Choksey is bullish on Jio Financial

 stock analyst  04/16/2024  0 Comments on Here\’s why Deven Choksey is bullish on Jio Financial

In case of retail business too, I think 19% kind of a growth or 20% kind of a growth is being seen and most importantly the contribution to the margin is coming largely from the own brands, which are basically contributing significantly particularly into physical stores.

Here\’s why Deven Choksey is bullish on Jio Financial

 stock analyst  04/16/2024  0 Comments on Here\’s why Deven Choksey is bullish on Jio Financial

In case of retail business too, I think 19% kind of a growth or 20% kind of a growth is being seen and most importantly the contribution to the margin is coming largely from the own brands, which are basically contributing significantly particularly into physical stores.

ETMarkets Smart Talk: Why gold, oil and equity markets are hitting record highs?

 stock analyst  04/16/2024  0 Comments on ETMarkets Smart Talk: Why gold, oil and equity markets are hitting record highs?

Vipul Bhowar\’s insights suggest continued market growth driven by government spending and private investment. Factors like inflation, oil prices, and equity market reactions play crucial roles in shaping India\’s economic landscape. Bhowar also says: \”The rise in SIPs shows a strong focus on retail investor growth, more so a shift towards small cities that contribute to the industry growth and showcase a broader financialisation of savings in smaller towns.\”

Iran attack: Analysts weigh in on what could be next for oil prices

 stock analyst  04/15/2024  0 Comments on Iran attack: Analysts weigh in on what could be next for oil prices

Citi Research commodity strategists believe the initial impact of Iran’s April 13 attack on Israel will be for oil prices to drop below $90 per barrel.

ONGC shares jump 5% after Jefferies initiates buy call with Rs 390 target price

 stock analyst  04/15/2024  0 Comments on ONGC shares jump 5% after Jefferies initiates buy call with Rs 390 target price

While noting that the reforms in crude and gas pricing have improved the company\’s profitability above past decade averages, Jefferies expects strong free cash flow generation and consolidated net debt reduction on profitable production growth over FY 24-26.

What’s next for oil? Analysts weigh in after Iran’s attack

 stock analyst  04/15/2024  0 Comments on What’s next for oil? Analysts weigh in after Iran’s attack

Citigroup Inc.’s base case is for tensions to remain “extremely high” in the Middle East, underpinning prices. That’s prompted the bank to raise its short-term price forecasts, with the three-month target for West Texas Intermediate increased by $8 a barrel.

Investors brace for a volatile week on D-Street

 stock analyst  04/15/2024  0 Comments on Investors brace for a volatile week on D-Street

\”Investors need to brace themselves for increased volatility in the coming week, given the heightened geo-political temperatures,\” said Aamar Deo Singh, Sr. Vice President, Research, Angel One.