US-Iran war: The US Dollar Index moved closer to the 100 level on Friday, touching an intraday high of around 99.30, even as global crude oil prices climbed amid ongoing tensions between the United States and Iran, which showed little sign of easing. The index gained 1.3% for the week, marking its strongest weekly rise…
The Indian market has been facing challenges with elevated valuations and rising apprehensions regarding the possible impact of AI on IT services exports and consumption, according to a report by Kotak Institutional Equities. The sharp rise in tensions between Iran and the US, worries about a broader conflict in the Middle East, and increasing crude…
Surging crude prices, relentless FPI outflows, and a weakening Rupee combine to shatter investor sentiment and drag benchmark indices down. Source
The US stock market is likely to open lower in Friday’s trading session, March 6, as the futures of three key averages, including the S&P 500, Dow Jones Industrial Average, and Nasdaq, are trading lower by 0.6%, 0.5%, and 0.7%, respectively, in pre-market trade, as the ongoing conflict in the Middle East has put risky…
Global crude oil prices are on track to register the biggest weekly surge in four years as the war in the Middle East has unleashed a wave of disruption across energy markets, with maritime traffic in the Strait of Hormuz grinding to a near-complete halt, which has kept crude oil prices in a boiling zone….
Reliance Industries Ltd (RIL) share price rose by 2.5% on Friday, March 6, achieving its second day of gains in a row after US Secretary of the Treasury Scott Bessent revealed that the Treasury Department is providing a temporary 30-day exemption for Indian refiners to buy Russian oil. This action was taken as the US…
Stock market today: The key domestic indices, Nifty 50 and Sensex, started the day on a negative note on Friday, primarily due to declines in major financial stocks, as overall risk sentiment remained weak amid the intensifying US-Israeli conflict involving Iran. This situation has raised concerns about a potential widespread energy supply disruption that could…
The Indian stock market benchmark indices, Sensex and Nifty 50, are expected to open lower on Friday, following a sharp fall in global markets, as the ongoing war in the Middle East of US and Israel against Iran raised oil prices globally. Asian markets traded lower, while the US stock market slumped overnight as the…
US-Iran war: Oil prices jumped more than 3% on Thursday, extending their rally as the escalating US–Israeli conflict with Iran disrupted crude flows to key importers. Brent crude climbed $2.65, or 3.26%, to $83.99 per barrel, marking its fifth consecutive session of gains. Meanwhile, US West Texas Intermediate (WTI) crude rose $2.76, or 3.70%, to…
The conflict has triggered a record-low rupee and a foreign sell-off, leaving Indian markets caught between soaring oil prices and a strengthening dollar. Source
