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…
The US-Iran war has entered its third week, and still, there are no signs of any de-escalation in this Middle East crisis. According to experts, the US-Israel-Iran war has created a complex geopolitical situation where different global powers have very different economic and strategic incentives. They said that Russia is the biggest beneficiary of this…
Buy or sell stocks: Amid the persistent US-Iran war and renewed volatility in the crude oil price, the Indian stock market witnessed sharp selling for the second straight session on Thursday. The Nifty 50 index ended 227 points lower at 23,639, the BSE Sensex crashed 829 points and closed at 76,034, and the Bank Nifty…
Stock Market Today LIVE: The Indian stock market’s benchmark indices, the Sensex and Nifty 50, are expected to open lower on Thursday, tracking weak global cues as a sharp rise in crude oil prices heightened inflation concerns and investors remained cautious amid escalating tensions between the US and Iran in the Middle East. Trends in…
The situation of petroleum prices and supply in India’s neighboring countries is quite tense. Global oil and gas supply has been disrupted due to the impact of the Strait of Hormuz due to the Iran-America-Israel war, which is directly impacting the neighboring countries. India’s neighboring countries include countries like Pakistan, China, Bangladesh, Nepal, Sri Lanka,…
Crude Oil Price Today: US President Donald Trump has indicated that the ongoing war in Iran may end soon. After this news, a sharp fall in the prices of crude oil has been seen in the international market. The price of Brent Crude has fallen to around $91.55 per barrel. At the same time, the…
A sudden spike in crude oil prices and rising geopolitical tensions have rattled global markets, dragging the Nifty 50 sharply lower and breaking key technical supports. With volatility rising, market experts warn that the index may now be vulnerable to further downside, with 23,000, 22,000, and even 19,000 emerging as critical levels if the conflict…
Shares of several Indian sugar companies surged sharply on Wednesday, March 4, bucking the broader market decline, as rising global crude oil prices lifted sentiment for the sector. Stocks including Dhampur Sugar Mills, Dalmia Bharat Sugar, Dwarikesh Sugar Industries and Praj Industries were among the top gainers during the session, advancing between 6% and 10%…
Stock market crash today: It was a bloodbath on Dalal Street on Wednesday morning, as the Indian stock market suffered sharp losses in morning trade on March 4, as investors continued to dump risk assets amid the ongoing US-Iran war, which shows no signs of easing. The conflict in West Asia has pushed crude oil…
Asian equities tumbled for a second straight session as intensifying conflict in the Middle East rattled investor confidence and reignited fears of an energy-driven inflation surge. With oil climbing and geopolitical tensions spiraling, markets across the region are bracing for heightened volatility. The MSCI Asia Pacific Index dropped as much as 2%, extending Monday’s 1.7%…
