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Stock prices of upstream PSU firms like ONGC and Oil India have gone up 13-46 per cent in the past six months despite 67 per cent rise in Brent crude price and 110 per cent hike in domestic administered price mechanism (APM) gas based on windfall tax gain concerns,” global financial advisory firm Elara Capital said.

“You buy a stock because you feel for the next many years there will be growth, the stock would double and triple and quadruple, I do not see that happening, it is a completely matured business, there is nothing in LIC, no reason to buy it or hold it”.

The hotel industry witnessed a demand revival in leisure and corporate travel, pushing up occupancies and leading to higher average room rate (ARR).​Players can command better ARR from pre-Covid levels, with travel making a strong comeback

Treasury yields soared to levels last seen in 2008 as traders braced for the possibility that the Federal Reserve will raise interest rates by 75 basis points next month after executing the first half-point hike since 2000.

FPIs have net sold Rs 13,888 crore worth of stocks so far in June, NSDL data showed. "Basically, the foreigners have taken a view that Indian markets continue to be relatively overvalued in the face of rising inflation and rising global interest rates and they are sellers on all days,” Deepak Jasani, Head of Research - Retail, at HDFC Securities said.

Ethereum is moving to what’s billed as a less-energy intensive process known as proof-of-stake from its current proof-of-work mechanism. Under the system upgrade known as the Merge, so-called solo-staking requires setting up dedicated hardware and holding a minimum amount of 32 Ether, valued at about $54,000, based on current prices

The largest crypto by market cap has been struggling to break over the $31,000 level, indicating the low-risk appetite among the crypto traders since the market and investors have still not recovered from the crash of the previous month.

According to the data, foreign investors withdrew a net amount of Rs 13,888 crore from equities during June 1-10. FPIs have been incessantly withdrawing money from Indian equities since October 2021.Nair attributed the latest FPI outflow to anticipation of a hawkish Federal Reserve meeting.

Much of Wall Street shares the bullish take. This week, Goldman Sachs Group Inc. said it expects Brent to peak at $140 a barrel in the coming months. Morgan Stanley said its most bullish scenario of $150 could be moved higher. The record for Brent is $147.50, set in July 2008.

the markets declined because the idea is that as long as the labor market remains strong, as long as economic activity is moving above what I think consensus estimates are, it implies that the Fed may have to raise interest rates more aggressively.As we move through the next couple weeks and couple months, data that come in hotter than expected, you would expect that the market would greet that more negatively.