Indian stock markets fell sharply on Thursday. The Sensex dropped over 900 points. Renewed tensions in West Asia impacted investor sentiment. Rising crude oil prices and foreign fund outflows also contributed to the decline. Global markets also traded lower. Profit-booking was observed after a recent rally.
The United States is set to host an Indian delegation this month, signaling renewed momentum in bilateral trade talks. This follows a productive meeting between US Trade Representative Jamieson Greer and Indian Foreign Secretary Vikram Misri, who is in the US to review trade, defense, and technology ties.
For the financial year ended March 31, 2026, TCS said the final dividend will be paid on the third day after the conclusion of its 31st Annual General Meeting.
Gold prices in India displayed a mixed trend on Thursday. While futures trading saw a marginal increase on the MCX, supported by global cues, retail rates declined in several cities. However, select markets experienced a rise in gold prices due to local factors.
Pakistan’s stock market experienced a sharp decline as Middle East tensions resurfaced, erasing significant gains from the previous day. Hopes for a diplomatic breakthrough between the US and Iran, which had briefly boosted investor confidence, quickly faded following continued Israeli operations and accusations of ceasefire violations. The Strait of Hormuz remains a point of contention,
India is experiencing a significant surge in piped natural gas (PNG) adoption, with daily connections quadrupling to over 10,000. This shift from LPG is driven by enhanced convenience, strong supply stability, and government initiatives promoting PNG as a safe and reliable cooking fuel option.
India’s LPG supply remains unaffected by West Asian geopolitical tensions, with shipments continuing to arrive through the Strait of Hormuz without disruption. Domestic availability is stable at 100 percent, and the government is closely monitoring developments to ensure energy security and diversification.
Despite the temporary pause in hostilities, industry executives have cautioned that a full return to normal oil trade could take at least three months.
An India-flagged LPG carrier, Green Asha, successfully navigated the Strait of Hormuz and docked at JNPA, carrying vital supplies amid regional tensions. This arrival highlights the ongoing efforts to maintain stable domestic LPG supply, with the government ensuring availability and addressing potential concerns for migrant workers.
Gold and silver price prediction today: Both gold and silver prices are seeing some bullish bias and are likely to see a steady rise in the coming days, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group.
