- Alert Asian crude benchmarks like Oman and Dubai are outperforming Brent and WTI, indicating a shift in global oil pricing power towards Asia. This reflects tightening supply dynamics and higher dependence on Middle East flows, which may lead to rising import costs, higher inflation sensitivity and continued geopolitical-driven volatility
- Big negative Commerce Secretary Rajesh Agrawal says exporters are facing challenges with shipments not reaching destinations, indicating supply chain disruption.
- Citi on Ola Electric maintains ‘Sell’ and cuts target price to Rs.22 while lowering FY26–28 revenue estimates by 5–14%.
- US markets outlook cut JPMorgan lowers S&P 500 target to 7,200 from 7,500 amid rising crude and recession fears. Higher energy costs may hit demand and growth, with downside risk persisting though recovery may be gradual.
- Alert US national debt has crossed $39 trillion, doubling from $19.5 trillion in 2016, rising at a pace of about $1 trillion every 146 days.
- As per market grapevine, mutual fund investors may have provided exit liquidity to FIIs at higher levels, leaving portfolios under pressure. SIP inflows continue, but many investors are shifting funds to FDs, PPF, debt funds, gold and silver amid weak returns and rising frustration.
