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Contact: Daytradertelugu@gmail.com
⚠️ Sharp escalation in Middle East tensions
• Iran claims Israel has struck its South Pars gas field, one of the world’s largest energy sources.
• Tehran has warned that energy infrastructure in Saudi Arabia, UAE, and Qatar are now “legitimate targets.”
• In retaliation, Iran has reportedly launched strikes on a major LNG facility in Qatar, intensifying the conflict further
• Iran claims Israel has struck its South Pars gas field, one of the world’s largest energy sources.
• Tehran has warned that energy infrastructure in Saudi Arabia, UAE, and Qatar are now “legitimate targets.”
• In retaliation, Iran has reportedly launched strikes on a major LNG facility in Qatar, intensifying the conflict further
HDFC Bank ADR was down 7.3%
Atanu Chakraborty, chairman of HDFC Bank, has resigned from the board with immediate effect, citing certain practices at the country's most-valued lender that he said were not in line with his "personal values and ethics,"
HDFC Bank has the highest weightage in India's two main indices - Nifty and Nifty Bank
HDFC Bank holds 11.8% weight in Nifty and 19.7% weight in Nifty Bank
Atanu Chakraborty, chairman of HDFC Bank, has resigned from the board with immediate effect, citing certain practices at the country's most-valued lender that he said were not in line with his "personal values and ethics,"
HDFC Bank has the highest weightage in India's two main indices - Nifty and Nifty Bank
HDFC Bank holds 11.8% weight in Nifty and 19.7% weight in Nifty Bank
Fed Meet Outcome:
US Fed keeps interest rates unchanged for second time at 3.5%-3.75%
As per expected
US Fed keeps interest rates unchanged for second time at 3.5%-3.75%
As per expected
