US Fed meeting: The US Federal Reserve began its two-day policy meeting on March 17, with the outcome slated to be announced later tonight, March 18. The Federal Reserve meeting comes against the backdrop of the US-Iran conflict, which has heightened uncertainty in the global economy. The tensions, which began on February 28, have disrupted…
Since the West Asia conflict began on 28 Feb, FPIs have sold ₹74,795.57 crore in shares through 17 March—an average ₹6,799.59 crore a day over 11 sessions, exceeding the pace seen in October 2024’s record outflows. Source
Petrol and diesel prices across several Indian cities remained largely unchanged for the fourth day in a row on Wednesday, 18 March, continuing the recent trend of stability in retail fuel rates. Steady pricing for petrol and diesel is holding in India, even as global oil markets see volatility, driven by geopolitical tensions in the…
Stock Market Today LIVE: The Indian stock market is expected to open on a steady note on Wednesday, following gains in global markets, amid cautiousness over the ongoing US-Iran war in the Middle East. The trends on Gift Nifty also signal a mildly positive start for the benchmark indices, Nifty 50 and Sensex today. Gift…
The Indian stock market benchmark indices, Sensex and Nifty 50, are expected to open on a steady note on Wednesday, following strong cues from global markets, amid cautiousness over the ongoing US-Iran war in the Middle East. Asian markets traded higher, while the US stock market gained overnight, as investors now focus on the US…
The Indian stock market correction could deepen, with the benchmark Nifty 50 potentially sliding towards the 21,000 level if crude oil prices stay around $100 per barrel for the next three to four months amid a prolonged US–Iran war, according to Seshadri Sen, Head of Research and Strategist at Emkay Global Financial Services. However, Sen…
Amid the relentless rise in crude oil prices since the onset of the US-Iran war, investors have grown cautious, as oil-led price increases could impact the global economy, with economists now warning that higher crude oil prices could push the world’s largest economy closer to a recession. Mark Zandi, Chief Economist at Moody’s, warned that…
The US stock market is likely to open lower in Tuesday’s trading session, March 17, as futures of the three key averages—the S&P 500, Dow Jones Industrial Average, and Nasdaq Composite—are trading lower by 0.3%, 0.2%, and 0.4%, respectively, in pre-market trading after crude oil prices resumed their winning run, fueling inflation concerns. Wall Street…
As the tensions in the Middle East continue, uncertainty looms over supply of domestic Liquefied Petroleum Gas (LPG). The recent price hike has further created panic and fear among consumers anticipating future shortage. Indian Oil Corporation issued an advisory on Tuesday, urging customers to book LPG cylinders only in case of need to curtail hoarding,…
LPG prices saw an uptick as a ripple effect of West Asia conflict. A steady upward rally in oil prices across the globe was witnessed as geopolitical situation in the Middle East impacted supply. In the national capital — New Delhi — a 14.2 kg cylinder containing domestic Liquefied Petroleum Gas (LPG) is priced at…
