Shares of InterGlobe Aviation Ltd., the parent company of India's largest airline IndiGo, came under selling pressure on Monday after a sharp spike in global crude oil prices reignited concerns over the aviation sector's profitability.
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Kalyan Jewellers has emerged as one of the standout performers in the Indian stock market, with its shares surging nearly 47% in just four trading sessions after the company reported an impressive business update for the first quarter of FY27.
The southwest monsoon has intensified across large parts of the country, prompting the India Meteorological Department (IMD) to issue heavy rainfall alerts for several states.
Global financial markets opened the week under pressure as crude oil prices surged nearly 4% following renewed military action between the United States and Iran.
Indian equity markets began the week on a weak note as intensifying geopolitical tensions in West Asia sparked a broad sell-off across global financial markets.
Shares of Just Dial Ltd. surged nearly 15% on Monday after the company reported an encouraging set of first-quarter earnings for FY27
After an exceptional rally over the past two years, gold has entered a phase of consolidation as investors reassess the impact of rising crude oil prices, a stronger US dollar, and evolving global monetary policy.
Indian equity markets staged a smart recovery during Monday's trading session after opening sharply lower on renewed geopolitical concerns in the Middle East.