Nifty Midcap 100 index hits record high; Adani Total Gas surges 11%

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In the past one month, the Nifty Midcap 100 index outperformed the market by gaining 3.4 per cent, as compared to 0.1 per cent decline in the Nifty 50. Shares of midcap companies were in demand with the Nifty Midcap 100 index hitting a record high of 62,324.20, up nearly 1 per cent on the…

Brent to average $90 if US-Iran pact resolves Hormuz disruption: Analyst

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The probability of US-Iran negotiations entering a more substantive phase is rising-every additional week of disruption deepens financial market stress that the White House cannot indefinitely absorb   Energy disruption sending distress signal   The second-order effects of the US–Iran conflict are no longer confined to crude markets. They are now repricing sovereign debt, reshaping…