World News
India Chemical Shares Surge on Hormuz Disruption, Better Pricing
Key Points
India Chemical Shares Rally on Hormuz Disruption, Better Pricing For the broader rally to sustain, demand will need to recover too. This article is for subscribers only. I’m Alex Gabriel Simon in Mumbai, where Indian stocks are outperforming just by standing still.
India Chemical Shares Rally on Hormuz Disruption, Better Pricing
For the broader rally to sustain, demand will need to recover too.
This article is for subscribers only.
Good morning...
I’m Alex Gabriel Simon in Mumbai, where Indian stocks are outperforming just by standing still.
It may have been a lackluster week for equities here, but it’s been a lot grimmer for the AI trade and chip companies around the world. Investors can take heart in the benchmark Nifty 50 managing to hold above the psychological 24,000-mark even as clashes in the Middle East intensified, oil prices surged, the rupee weakened, and foreign buying slowed.