Nifty falls below 24,000 as rupee weakens amid bad-loan rule and Maruti earnings miss
Updated
Updated · Bloomberg · Apr 29
Nifty falls below 24,000 as rupee weakens amid bad-loan rule and Maruti earnings miss
4 articles · Updated · Bloomberg · Apr 29
Asian stocks slipped after reports of a potential extended Iran blockade, while India’s airlines warned of possible service suspensions over surging jet fuel prices.
Rising temperatures are intensifying inflation risks and impacting consumer sectors, with AC and beverage stocks rallying. The UAE’s surprise exit from OPEC has unsettled global energy markets.
Airtel Africa eyes a $2 billion IPO, and investors await earnings from Bajaj Finance, Adani Power, and Vedanta. The Persian Gulf deadlock and fuel price hikes continue to weigh on sentiment.
Beyond a weak quarter, does Maruti's record annual profit signal resilience in India's consumer market?
Are India's markets facing a perfect storm of geopolitical, climate, and regulatory pressures?
Will India's airlines ground their fleets before the government acts on record-high jet fuel prices?
As India's new bad-loan rules loom, which banks are most vulnerable to the financial shock?
Can India's central bank control inflation when extreme heat and global conflict are the main drivers?
With the UAE quitting OPEC during an energy crisis, is the cartel's power broken for good?