Angel One Analyst Picks Amara Raja, Indian Bank, KFin Tech for August 14

Indian Markets Set for Flat Open as Global Cues Remain Mixed

Indian stock markets were expected to open on a flat note amid mixed signals from global markets. Crude oil prices continued their decline as tensions persisted over the Strait of Hormuz. Brent crude was trading around $87 per barrel at the time of the update. Investors were closely watching international developments for directional cues ahead of the trading session.

Bangladesh PM likely to visit India as Dhaka presses for Hasina's extradition

Pakistan Raises Petrol and Diesel Prices Amid US-Iran Tensions

Pakistan has increased fuel prices effective this Friday, with petrol rising by Rs 0.45 to Rs 325.43 per litre. High-speed diesel saw a steeper hike of Rs 1.16, bringing its price to Rs 383.95 per litre. The revision comes amid escalating tensions between the United States and Iran, which have contributed to uncertainty in global oil markets. Such geopolitical developments typically influence crude oil prices, prompting fuel price adjustments in import-dependent countries like Pakistan.

US flags India among 40+ nations at risk of routing Chinese goods to evade tariffs

A US government report has identified India as one of more than forty countries considered high-risk for the transshipment of Chinese goods. These nations are flagged as potential conduits for products being rerouted to circumvent American import tariffs on China. India has been placed in the top-risk category alongside several major industrial economies. The White House has signaled that it will step up enforcement measures and impose stricter penalties on such trade practices. The development adds fresh complications to the ongoing trade talks between the United States and India.