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MUMBAI: As tensions prevailing in West Asia rattled global markets, sending crude prices soaring and the Indian rupee to new lows, sensex lost another 1,456 points (1.9%) to close below the 75K mark, at 74,559 points.In two sessions this week, sensex has lost nearly 2,800 points or over 3% while in four sessions since May…
Crude prices stayed elevated as hopes of a quick resolution to the Middle East conflict weakened, raising fears that the closure of the Strait of Hormuz could continue for longer. (AI image) Stock market crash today: BSE Sensex and Nifty50 plunged in trade on Tuesday continuing their downward streak as global crude oil prices continued…
Equity markets extended their losing streak for a third consecutive session on Monday, with benchmark indices witnessing sharp declines as crude oil prices surged after the United States and Iran failed to secure a peace agreement aimed at ending the ongoing conflict in West Asia. The BSE Sensex, comprising 30 shares, plunged 1,312.91 points or…
MUMBAI: Fresh tensions between the US and Iran affected global investor sentiment on Monday, pushing up crude oil prices, weakening the rupee to a level below the 95-to-the-dollar mark, and leading to a sell-off on Dalal Street. As a result, sensex lost over 1,000 points in early trade, recovered some ground by mid-session, but fresh…
Markets are expected to trade with caution this week as geopolitical tensions around the US–Iran situation and movements in crude oil prices continue to drive investor sentiment, analysts said. Traders will also keep a close watch on the rupee-dollar exchange rate and foreign fund flows, which are likely to add to market volatility, they added….
Benchmark equity indices ended marginally lower on Thursday after a highly volatile session, as continued foreign fund outflows and geopolitical uncertainties kept investors cautious, PTI reported.The 30-share BSE Sensex declined 114 points, or 0.15 per cent, to settle at 77,844.52. During the day, the benchmark swung 671.49 points between a high of 78,384.70 and a…
Oil prices moved higher by nearly $1 in early Thursday trading, recovering part of the steep decline recorded in the previous session, as markets continued to assess whether efforts toward a Middle East peace agreement would ultimately succeed. By 0032 GMT, Brent crude futures had climbed 88 cents, or 0.9%, to $102.15 a barrel, while…
Benchmark equity indices rallied sharply on Wednesday as a steep fall in crude oil prices and optimism around a possible US-Iran agreement boosted investor sentiment, PTI reported.The 30-share BSE Sensex surged 940.73 points, or 1.22 per cent, to close at 77,958.52. During the session, it climbed as much as 1,004.99 points to hit an intraday…
Markets regulator Sebi has introduced a new framework to classify stock market benchmarks as “significant indices” if mutual fund schemes tracking them have a daily average cumulative assets under management (AUM) of more than Rs 20,000 crore for each of the preceding six months, PTI reported.The move is aimed at strengthening transparency, governance and accountability…
According to Siddhartha Khemka – Head of Research, Wealth Management, Motilal Oswal Financial Services Ltd, Nifty is expected to consolidate in the near term, with markets likely to remain sensitive to developments in West Asia. While, Positive domestic macros, steady Q4 earnings and intermittent FII buying has provided near-term support, elevated crude prices, currency weakness…
