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Oil prices rose on Wednesday after Yemen’s Houthis reportedly targeted a major Saudi refinery, reviving concerns over Middle East supply disruptions. Brent crude climbed to $115.43 a barrel as diplomatic talks continued and OPEC+ prepared to review December output targets.
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Indian equity markets fell in early trade on Wednesday amid elevated crude prices and caution ahead of the US Federal Reserve’s policy decision. The Sensex dropped 684 points, while IT and FMCG stocks led sectoral losses.
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The rupee fell 44 paise to close provisionally at 94.82 against the US dollar amid rising crude oil prices and weakness in domestic equities. Meanwhile, the dollar index eased, while Jio Platforms' IPO attracted strong investor demand on Thursday
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Indian benchmark indices opened lower on Thursday, mirroring weakness in Asian markets amid rising crude oil prices and elevated US bond yields. Selling pressure was seen across sectors, with auto, metal, healthcare, pharma, FMCG and financial stocks trading in the red, while analysts flagged increasing preference for large-cap stocks over overvalued mid- and small-caps.
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Indian equity benchmarks Sensex and Nifty opened higher on Monday, supported by gains in Asian markets and easing crude oil prices. Analysts cited strong GDP growth prospects and corporate profitability but warned that elevated US bond yields and foreign investor selling could limit gains
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Foreign portfolio investors sold Rs 45,536 crore worth of Indian equities in September while investing Rs 9,676 crore through primary markets. Rising US bond yields, elevated crude prices and weak monsoons pressured sentiment, while domestic institutional buying provided significant support
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Rising crude oil prices, inflation and higher bond yields globally have narrowed the Reserve Bank of India’s room to hold rates unchanged, BNP Paribas said. India’s macro-outlook has weakened as Brent crude rose above $100 per barrel amid global tightening
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Indian equity markets rebounded on Friday, with the Sensex gaining 315 points and the Nifty adding 77 points, amid easing crude prices and reports of progress towards a phased US-Iran agreement. Analysts said investors remained selective amid global risks.
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Indian benchmark indices opened sharply lower on Thursday, with the Sensex dropping over 560 points and the Nifty falling more than 200 points, as rising US Treasury yields and weak global sentiment outweighed support from softer crude oil prices.
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Indian equity benchmarks ended lower for the fifth straight week, with the Nifty falling 2.09 per cent and Sensex 2.27 per cent. Surging crude oil prices, global interest-rate concerns, foreign selling and geopolitical risks weighed on market sentiment during the week
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SBI Research has recommended two 25-basis-point RBI rate hikes by December, citing elevated global oil and commodity prices and early signs of inflation generalisation. It warned consumer inflation could approach 6.5 per cent or higher if oil remains elevated.
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Global crude oil prices rose nearly 2 per cent, with Brent crossing $100 a barrel, amid escalating Iran-US attacks on shipping near the Strait of Hormuz. Disrupted oil flows boosted bullish sentiment, while analysts warned of possible short-term correction after the rally
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India's state-owned fuel retailers are facing losses on petrol and diesel sales as crude oil prices cross USD 100 a barrel amid West Asia tensions. Higher oil prices could widen India's import bill, pressure the rupee and add to inflation
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Crude oil prices rose nearly 2 per cent for a fourth consecutive session as escalating attacks involving Iran, the US and Saudi Arabia intensified fears of Gulf supply disruptions. Brent approached $100 a barrel, while WTI climbed to nearly $95
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Indian equity benchmarks opened lower on Tuesday as elevated crude prices and selling in IT and auto stocks weighed on sentiment amid fears of a possible US Fed rate hike. Sensex slipped over 150 points to 75,970, while Nifty fell 36 points to 23,743.
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The rupee gained 4 paise to 94.39 against the US dollar in early trade on Monday, supported by strong FCNR-related dollar inflows. However, elevated crude oil prices and global tensions weighed on the currency, limiting its gains.
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Indian equity benchmarks opened marginally lower on Monday as investors weighed liquidity absorption from a busy IPO calendar and rising crude prices amid Middle East tensions. Nifty and Sensex declined, while media and IT stocks led early sectoral losses
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Indian equities are likely to remain volatile next week as rising crude oil prices, global bond yields, stronger-than-expected US jobs data and foreign investor flows influence sentiment. Renewed US-Iran tensions and uncertainty over the Strait of Hormuz are also key concerns.
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The rupee edged up 2 paise to close at 95.43 against the US dollar, supported by falling crude oil prices and gains in domestic equities. However, a stronger dollar and foreign investor outflows limited gains, traders said
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Indian equity markets opened higher on Monday after two weekly declines, supported by falling crude prices. Investors remained cautious ahead of potential US sanctions on Iran and geopolitical risks. Nifty and Sensex gained modestly, while metal stocks led sectoral advances