Perplexing market participants, the Indian stock market witnessed healthy buying across segments in intraday trade on Wednesday, 18 March, despite a raging war in the Middle East, elevated crude oil prices, and the rupee’s weakness. The Sensex rose more than 700 points, or nearly 1%, to an intraday high of 76,775, while the Nifty 50…
Silver prices were range bound on Wednesday, March 18, as investors stayed cautious ahead of the US Federal Reserve’s rate decision later in the day, with inflation risks rising due to elevated oil prices amid the prolonged Middle East conflict. The US Federal Reserve is widely expected to keep interest rates unchanged, while markets remain…
Silver prices jumped on Tuesday, March 17 supported by easing concerns over prolonged disruptions to oil shipments, as investors evaluated the economic fallout of the Middle East conflict ahead of a series of central bank policy decisions this week. On MCX, silver rate rose 2% to ₹2,61,457 per kg while gold price advanced 0.8% to…
The price of Brent Crude Oil increased to $ 102.5 per barrel, which is an increase of about 2.40%. At the same time, West Texas Intermediate crude (WTI) also rose to $ 95.3 per barrel. A major reason for tension in the oil market is the growing concerns regarding the Strait of Hormuz. It is…
Indian oil marketing company (OMC) stocks remained under pressure on Monday as crude oil prices stayed above the key psychological mark of $100 per barrel and hopes of a diplomatic breakthrough in the Iran-Israel-US war remained elusive. With the Strait of Hormuz effectively shut to traffic, investors are increasingly pricing in the risk of prolonged…
Nifty Prediction 2026: Increasing tension in the Middle East and high oil prices have increased the pressure on the Indian market along with the global markets… highlights Global brokerages Nomura and Citi have adopted a cautious stance on the Indian stock market amid rising geopolitical tensions in West Asia and high crude oil prices. The…
Silver prices slipped around 2% on Monday, March 16 even as the dollar softened, with bullion caught between two competing forces. On one hand, a weaker greenback and lower US Treasury yields offered some support to precious metals. On the other, stubbornly high oil prices kept inflation worries alive, which in turn reduced expectations of…
Crude oil prices are on a boil, and have emerged as a big headache for the Indian economy and also the stock market investors. The prices have jumped to their highest level in four years as the conflict in the The Middle East has resulted in supply disruptions through the Strait of Hormuz, which accounts…
Due to the ongoing war in Iran and increasing tension in the Middle East, there is a huge rise in the prices of crude oil. Recently, the price of oil in the global market had reached around $120 per barrel. It is still trading above $100 per barrel. This situation has increased the pressure on…
The US-Iran war has sent global crude oil prices surging past $100 a barrel, rattling the global economy and posing a political challenge for US President Donald Trump at home, especially ahead of the crucial midterm elections due in November. Higher oil prices are already rippling through the US economy, lifting fuel and transportation costs…
