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Covesting Technologies Pvt Ltd

9th Jul · SEBI-Registered Analyst

Important pre-market news today!

- ⚔️ US-Iran Tensions Impact Oil surges above $78/barrel; Indian indices fall 2%, raising inflation and energy security concerns. - 📉 Indian Indices Weakness Nifty 50 and Sensex dip sharply on geopolitical risks, crude price rise; cautious short-covering expected. - 🏭 Key Sector Volatility OMC shares HPCL, BPCL, IOC down 3.5–5.5% amid oil price jumps; Defence sector earnings muted but improving. - 💹 IPO & Stock Picks SBI Funds & Laser Power IPOs launch soon; Infosys, Reliance, Bharti Airtel recommended for short-term gains. - 🌏 Global Market Cues Asian stocks rebound despite tensions; US futures drop; investors watch Fed, bond yields, and commodity cues closely.

#Pre-OpeningCommentary
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