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2026-03-13 05:35:32| The Economic Times

Jefferies has cut Reliance Industries (RIL) target price to Rs 1,750, citing a delayed Jio tariff hike and likely Jio IPO postponement. However, the brokerage highlights gains for the oil-to-chemicals (O2C) business amid Middle East supply disruptions, which boost refining and petrochemical margins, offsetting near-term digital segment drag.

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2026-03-13 05:21:14| The Economic Times

The Indian rupee hit a record low of 92.37 against the US dollar on Friday, influenced by rising global crude oil prices and a stronger greenback. Heavy foreign institutional investor selling and weak domestic equity markets further pressured the rupee, which has remained vulnerable amid ongoing geopolitical tensions.

Category: News and Media

2026-03-13 05:19:41| The Economic Times

Despite the Middle East war and rising geopolitical tensions, gold prices have fallen, defying their safe-haven appeal. This counterintuitive trend is attributed to a broad risk-off sentiment, a strong US dollar, and profit-booking after earlier rallies. Experts suggest this is a short-term adjustment, with long-term fundamentals still supporting precious metals.

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13.03 Stay patient in this market; earnings may face near-term pressure: Amnish Aggarwal 13.03 Bitcoin rebounds toward $72K as US Treasury comments ease oil inflation concerns 13.03 Why the governments latest Press Note 3 changes matter for FDI flows 13.03 Friday the 13th haunts Nifty bulls again! Whats the link between market crash and paraskevidekatriaphobia? 13.03 Jio IPO delay makes Jefferies cut RIL target price but says O2C benefiting amid disruption 13.03 Rupee hits record intra-day low in early trade, falls 12 paise to 92.37 against US dollar 13.03 Explained: Why traders arent holding on to gold since Middle East war despite safe haven appeal 13.03 Why your best ideas get ignored during meetings More »