May, 12 2026 Tuesday 12:35 Hrs
Last update 11-9-2025
  • SENSEX :   75,100.97

  • Top commodity trading and broking companies in India-914.31( -1.20%) 12-May-2026
Negative
Sensex 75098.54 -916.74  (-1.21) 12-May-2026
Previous Day Close 76015.28
Today's High/Low
High Low
  •  
  •  
75741.96 75069.95

Foreign Markets - Detailed News

Chinese stocks rise on easing Middle East tensions
07-May-26   15:17 Hrs IST
The Shanghai Composite rose 0.48% to close at a two-month high of 4,180 on Thursday, while the Shenzhen Component climbed 1.18% to above the five-year high level of 15,641.

Markets gained as investor sentiment improved on reports that the US and Iran are close to signing a memorandum to reduce hostilities, which could lead to the reopening of the Strait of Hormuz, a key global oil route. However, Donald Trump warned that military action could resume if Iran fails to comply with the agreement.

Investors are also closely watching next week's expected summit between Trump and Chinese President Xi Jinping for signals on US-China relations. Meanwhile, reports said China's financial regulator instructed major state-owned banks to stop new lending to five refiners sanctioned by the US over alleged links to Iran's oil trade, despite earlier guidance from China's Commerce Ministry urging companies to ignore US sanctions.

Technology stocks remained strong, with gains led by Cambricon Technologies (+2.36%), Zhongji Innolight (+2.51%), and Eoptolink Technology (+7.85%).

Powered by Capital Market - Live News

Top

Attention Investor:

Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers/Depository Participant.     KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, ,Mutual ).    No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.