Gold rate today: Gold prices logged their seventh consecutive monthly gain in February — the longest such streak since 1973 — supported by sustained central bank purchases and a broader shift away from sovereign bonds and major currencies. The latest rally builds on a 64% surge in 2025
Oil surged by the most in four years, before paring some gains as traders assessed the effective closure of the Strait of Hormuz triggered by the US-Israeli war against Iran.
US-Iran war: MCX Crude Oil March 19 Futures surged 6% to ₹3,6457 on Monday.
Indian Oil Corporation (IOC), Hindustan Petroleum Corporation Ltd (HPCL) and Bharat Petroleum Corporation Ltd (BPCL) shares fell up to 6%. Reliance Industries share price declined over 3%.
The Sensex opened 2743, or 3.34% lower at 78,543.73, but pared losses quickly. The NSE counterpart, the Nifty 50, crashed by more than 500 points, or 2.2%, but also pared losses swiftly.
Omnitech Engineering IPO share allotment will be finalized on March 2. Investors can check their allotment status on the MUFG Intime India portal. The IPO opened on February 25 and closed on February 27, with a subscription status of 1.14 times.
Indian aviation stocks fell on March 2 due to geopolitical tensions in the Middle East, with IndiGo shares down over 5% and SpiceJet nearly 4%. The Iran-Israel conflict has led to flight cancellations and increased fuel cost concerns for airlines.
Logistics and port stocks fell by 5% on March 2 due to escalating global tensions after US and Israeli military operations in Iran. The killing of Iran’s Supreme Leader sparked market volatility and a rush to safe-haven assets, raising fears of a broader regional conflict.
Cyprus confirms a drone attack targeted a British base on the island and caused damage
Zendaya and Tom Holland are one of the much-loved couples in Hollywood. The duo first met on the sets of Spider-Man in 2016, and in the following years, their dating speculations began. In 2021, Zendaya and Tom Holland confirmed dating each other. By 2025, reports claimed that Zendaya was engaged after she was spotted with … Read more