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Indian infra major L&T hits one-month low on concerns over Mideast exposure Shares of Larsen & Toubro (L&T), India's largest engineering and construction company, plummeted to a one-month low as investors grew increasingly concerned about the firm's exposure to the Middle East region. The stock fell as much as 4.6% to Rs 1,441.45 on Friday, its lowest level since February 3. Market analysts pointed to L&T's significant presence in countries such as Saudi Arabia and Iraq, where the company has won several major contracts in recent years. With the ongoing turmoil in these regions, investors are worried about the potential impact on L&T's revenue and profit margins. L&T's Middle East business accounts for a sizeable chunk of its total revenue, with the region contributing around 15% to its overall earnings. The company has been aggressively expanding its presence in this market, having won several large-scale projects in recent years. The concerns about L&T's exposure to the Middle East come at a time when global investors are growing increasingly risk-averse amid rising tensions in the region. Saudi Arabia and Iraq have both been involved in territorial disputes with neighboring countries, while the ongoing conflict in Ukraine has also raised concerns about potential spillover effects on regional stability. In addition to its direct exposure to the Middle East, L&T's performance is also closely tied to India's overall economic growth prospects. As the country's largest engineering and construction company, L&T is heavily reliant on government infrastructure spending to drive its business. With the Indian economy expected to slow down in the coming quarters, investors are growing increasingly cautious about L&T's ability to maintain its revenue growth momentum. Despite the concerns, many analysts...#India #Iraq #Ukraine #Saudi_Arabia #Middle_East #Larsen_and_Toubro

India's Chances Against England Legendary Indian cricketer Sunil Gavaskar has expressed his confidence in the team's chances against England in the T20 World Cup semifinals. India and England have a history of intense matches, and this one promises to be no different. Gavaskar believes that India's strong batting lineup, which includes the likes of Rohit Sharma, Virat Kohli, and KL Rahul, will be key to their success. "India has got some fantastic batsmen who can take on any attack," he said in an interview. "If they get a good start, it will put a lot of pressure on England's bowling attack." Gavaskar also praised the Indian bowling unit, which has been impressive throughout the tournament. "The Indian bowlers have done a fantastic job so far," he said. "They've got the ability to take wickets and restrict runs. If they can do that again, India will be in a great position." However, Gavaskar also acknowledged that England is a formidable opponent and that India will need to be at their best if they are to come out on top. "England has got some world-class players like Jos Buttler and Eoin Morgan," he said. "They've got the ability to take the game away from you quickly, so India needs to be careful." Gavaskar concluded by saying that the semifinal match will be a great spectacle for cricket fans. "It's going to be a fantastic match with two of the best teams in the world," he said. "I'm sure it will be an exciting and thrilling contest that will keep everyone on the edge of their seats."#India #Rohit_Sharma #England #Virat_Kohli #Sunil_Gavaskar #Jos_Buttler #Eoin_Morgan #T20_World_Cup #KL_Rahul

L&T Shares Down Nearly 10% in Two Sessions - Here's What Worries the Street The shares of Larsen & Toubro (L&T) have fallen by nearly 10% over the past two sessions, sparking concerns among investors. The company's stock price has plummeted by around 9.7% to Rs 1,434.35 per share as of Monday morning, according to data available on the BSE. Analysts point out that the recent fall in L&T shares is largely driven by investor concerns over several key factors. Firstly, there are worries about the potential impact of a US-Iran war on global trade and economic growth. As one of India's largest engineering and construction companies, L&T has significant exposure to international markets, including Iran. Secondly, investors are worried about the company's recent performance. L&T reported a 15% year-on-year decline in net profit for the September quarter, largely due to slower-than-expected order inflows from the infrastructure sector. The company had also seen its net debt increase by around 25% during the same period. Thirdly, there are concerns about the impact of the ongoing liquidity crisis on L&T's working capital requirements. With many banks and non-banking financial companies (NBFCs) facing difficulties in raising funds, investors are worried that L&T may face challenges in meeting its short-term obligations. Lastly, some analysts are pointing to the recent decline in crude oil prices as a potential concer...#India #BSE #Iran #net_profit #liquidity_crisis #energy_sector #USIran_war #Larsen_and_Toubro #engineering_and_construction_companies #infrastructure_sector #order_inflows #net_debt #working_capital_requirements #banks #nonbanking_financial_companies #NBFCs #crude_oil_prices

USWNT Legend Carli Lloyd Calls Out Critics of Alexi Lalas Carli Lloyd, a legendary player for the United States Women's National Team (USWNT), has come to the defense of former USMNT player and ESPN analyst Alexi Lalas after facing criticism from some members of the soccer community. In recent days, Lalas has been targeted by certain individuals who have taken issue with his commentary on various soccer-related topics. Lloyd, a two-time Olympic gold medalist and FIFA Women's World Cup champion, took to social media to express her support for Lalas, stating that she is "sick of people tearing him down" without fully understanding the context behind his comments. Lloyd went on to say that she has always respected Lalas for his passion and dedication to the sport, adding that he has been a valuable asset to the soccer community through his work as an analyst. The criticism directed at Lalas began after he made some comments about the USMNT's recent performance in a World Cup qualifying match. Some observers felt that his remarks were overly critical of the team's effort and tactics, while others believed that he was simply offering honest analysis of their play. Regardless of one's opinion on the matter, it is clear that Lalas has been a vocal advocate for the sport of soccer and has consistently provided thoughtful commentary on various soccer-related topics. As such, Carli Lloyd's support for him serves as a reminder that even in the face of criticism, it is essential to stand up for those who are willing to speak their minds and offer their opinions. In addition to her defense of Lalas, Lloyd also took the opportunity to praise his contributions to the soccer community. She noted that he has been an important voice for the sport and has consistently offered valuable insights into its various aspects. As such, she...#Olympic_Games #USWNT #Alexi_Lalas #USMNT #FIFA_Womens_World_Cup

Tata Steel Tanks 7%, Tata Motors PV, SBI LIC Down 5%; Check List The Indian stock market experienced a mixed day of trading on March 4, with some stocks surging while others plummeted. The benchmark indices BSE Sensex and Nifty50 ended the day in green, but not all companies were fortunate enough to join the party. Tata Steel was one of the major losers, tanking 7% on the back of weak global demand for steel. Tata Motors PV, the parent company of Jaguar Land Rover, also saw its shares decline by 5%. The decline is attributed to concerns over the impact of Brexit on the luxury car maker's sales. SBI LIC was another major loser, dropping 5% as investors turned cautious after recent gains. On the other hand, some stocks managed to defy gravity and surge ahead. Among the top gainers were Hindalco Industries, which rose by 6%, followed by JSW Steel, which gained 4%. The rally in these stocks was driven by strong demand for aluminum and steel products. Top Gainers: * Hindalco Industries: +6% * JSW Steel: +4% * Bajaj Finserv: +3.5% * Maruti Suzuki India: +3.2% * Grasim Industries: +2.8% Top Losers: * Tata Steel: -7% * Tata Motors PV: -5% * SBI LIC: -5% * NTPC: -4.5% * Power Grid Corporation of India: -4.2% The Indian stock market is expected to remain volatile in the coming days, with investors waiting for cues from global markets and corporate earnings announcements.#Tata_Steel #Tata_Motors_PV #SBI_LIC #Hindalco_Industries #JSW_Steel #Bajaj_Finserv #Maruti_Suzuki_India #Grasim_Industries #NTPC #Power_Grid_Corporation_of_India

Is Novak Djokovic going to retire? Serbian legend gives update on careerNovak Djokovic, at 38 years of age, said that he enjoys picking and choosing his schedule, which revolves mostly around the four Grand Slams and tune-up events. Novak Djokovic, at 38 years of age, said that he enjoys picking and choosing his schedule, which revolves mostly around the four Grand Slams and tune-up events. #years #Grand #Novak_Djokovic #Djokovic #Grand_Slams #Novak #tune-up_events #enjoys_picking #Slams #careerNovak_Djokovic

Capital Goods Sector Update: Assessing Middle East Risk Exposure in Light of US-Iran War by PL Capital The recent escalation of tensions between the United States and Iran has sent shockwaves through global financial markets, with the capital goods sector being particularly vulnerable to the risks emanating from this region. As a leading player in the capital goods space, PL Capital has been closely monitoring the situation and assessing its potential impact on our clients' investments. The US-Iran conflict has already led to a significant increase in oil prices, which could have far-reaching implications for the global economy. With the Middle East accounting for nearly 30% of the world's oil production, any disruption to supply chains can have devastating effects on industries that rely heavily on energy inputs. In this context, companies involved in capital-intensive projects or those with significant exposure to Middle Eastern markets may be disproportionately affected by a prolonged conflict. PL Capital believes that investors should take a proactive approach to managing their risk exposure in the current environment. This involves diversifying portfolios across geographically and sectorally uncorrelated assets, as well as maintaining a hedging strategy to mitigate potential losses. In terms of specific sectors, we believe that companies involved in renewable energy, infrastructure development, and technology could potentially benefit from a shift away from fossil fuels and towards more sustainable alternatives. In the short term, however, the capital goods sector is likely to remain under pressure due to heightened uncertainty surrounding global trade policies ...#Middle_East #Oil_Prices #USIran_war #Capital_Goods_Sector #Global_Economy #Renewable_Energy #Infrastructure_Development #Technology #Fossil_Fuels

USWNT Legend Carli Lloyd Nukes Woke Trolls For Attacking Alexi Lalas' Politics Carli Lloyd, the legendary US Women's National Team (USWNT) player, has fired back at woke trolls who attacked her fellow sports commentator Alexi Lalas for his political views. In a scathing takedown on social media, Lloyd exposed the double standard rotting through sports media and called out those perpetuating it. The controversy began when Lalas tweeted his support for a particular candidate in an upcoming election. The reaction was swift and merciless, with many in the woke mob rushing to condemn him as "unprofessional" and "divisive." But Lloyd saw right through their hypocrisy. She pointed out that she had also voiced her political opinions on social media - but unlike Lalas, she was allowed to do so without being attacked. "The same people who are screaming at Alexi for expressing his opinion about the election have no problem when I express my own opinion," Lloyd wrote. "The only difference is that I'm a woman, and apparently that makes me immune from criticism. Newsflash: it doesn't." Lloyd's tweetstorm went on to highlight the double standard that pervades sports media. She noted that many of her male colleagues have faced no repercussions for their political opinions, but women like herself are held to a different standard. "I'm tired of being told what I can and can't say," Lloyd wrote. "I'm a grown woman with my own opinions and beliefs. If you don't like it, tune out." Lloyd's bold defense of her colleague has sparked widespread support across the sports world. Many have praised her for standing up to the woke mob and refusing to be silenced. As the debate rages on, one thing is clear: Carli Lloyd will not be intimidated by the forces of cancel culture. And as a legendary athlete with a reputation for speaking truth to p...#USWNT #Carli_Lloyd #Alexi_Lalas #Sports_Media #Cancel_Culture

Trade Setup for March 5: Top 15 Things to Know Before the Opening Bell Amid Iran Conflict Jitters The Indian market is likely to be influenced by global developments, including the ongoing tensions between the US and Iran, as well as domestic factors such as earnings announcements. Here are the top 15 things to know before the opening bell on March 5: 1. Nifty50 futures were trading at a premium of around 30 points, indicating a strong start for the market. 2. The US-China trade deal has been making waves in global markets, with investors looking for cues from the ongoing negotiations. 3. Iran-US conflict jitters are expected to continue impacting markets, with crude oil prices rising to their highest levels since October 2018. 4. India's GDP growth for Q3 FY20 is likely to be released today, which could impact market sentiment. 5. The US Federal Reserve's interest rate decision is scheduled for March 19, but investors are already pricing in a possible rate cut. 6. Markets will also focus on earnings announcements from key companies like Hindustan Unilever, ITC, and Bajaj Auto. 7. The rupee-dollar exchange rate has been volatile lately, with the rupee strengthening to around 71 per dollar yesterday. 8. India's current account deficit (CAD) for Q3 FY20 is likely to be released today, which could impact market sentiment. 9. The US Treasury Department has announce...#USChina_trade_deal #IranUS_conflict #Nifty50_futures #India_GDP_growth #US_Federal_Reserve_interest_rate_decision #Hindustan_Unilever_earnings #ITC_earnings #Bajaj_Auto_earnings #Rupeedollar_exchange_rate #India_current_account_deficit #US_Treasury_Department_sanctions_on_Iran #Nifty50_index #Sensex_index #IndiaUS_trade_talks #Coronavirus_outbreak

Carli Lloyd Calls Out Alexi Lalas Critics, Says Backlash Stems from Conservative Political Views Former US Women's National Team (USWNT) star Carli Lloyd is speaking out against critics who have been blasting her and her teammate, Megan Rapinoe, for their outspoken views on politics and social justice. Lloyd, a two-time Olympic gold medalist and World Cup champion, believes that the backlash stems from conservative political views. "I think it's very clear that there are certain individuals who are not comfortable with our voices being used in this way," Lloyd told Fox News in an exclusive interview. "I think it's because they're not used to seeing women, particularly women of color and queer women, using their platforms to speak out against injustice." Lloyd is specifically referring to Alexi Lalas, a former US Men's National Team player who has been a vocal critic of Rapinoe and Lloyd's views on topics such as kneeling during the national anthem and supporting LGBTQ+ rights. Lalas has faced backlash from many in the soccer community for his comments, which some have deemed divisive and hurtful. "I think Alexi and others like him are trying to silence us," Lloyd said. "They're trying to make us feel like we don't belong in this space because we're not conforming to their expectations of what it means to be a strong woman or a strong athlete." Lloyd believes that the criticism is rooted in a broader issue - the lack of representation and inclusion for marginalized groups in sports. "I think it's really important for us to recognize that there are people who are still fighting for equality, who are still fighting for justice," she said. "And I think that's what we're trying to do with our platform. We're not just athletes; we're human be...#LGBTQ #USWNT #Carli_Lloyd #Alexi_Lalas #Megan_Rapinoe #National_Anthem #Equality #Justice