crude oil prices

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    Bullion Market Update: Silver Drops, Gold Holds

    New Delhi, March 9 Silver prices declined by Rs 3,400 to Rs 2.68 lakh per kilogram, and gold traded almost flat at Rs 1,64,300 per 10 grams in the national capital on Monday as a firm US dollar dampened the precious metals' demand amid volatile global markets.According to the All India Sarafa...
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    Oil Market Volatility Hurts Energy & Paint Sectors

    New Delhi, March 9 Shares of oil marketing companies and paint manufacturers ended lower on Monday amid a sharp rally in crude oil prices due to the deepening conflict in West Asia, which has entered its second week.Market analysts said that oil marketing companies came under pressure as...
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    Sensex & Nifty Plunge Amid Oil Surge & Geopolitical Concerns

    Mumbai, March 9 – The Sensex and Nifty indices plunged by nearly 2% on Monday, as soaring crude oil prices and weak global trends due to the worsening situation in West Asia triggered a sharp sell-off in the stock market.In addition, the continued exodus of foreign funds and the weakening of...
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    Sensex and Nifty Plunge Amid Crude Oil Surge and Middle East Turmoil

    Mumbai, March 9 The Sensex and Nifty benchmark indices plunged by nearly 2% on Monday as soaring crude oil prices and weak global trends due to the worsening situation in the Middle East triggered a sharp sell-off in the stock market.Besides, the continued exodus of foreign funds and the...
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    Oil Crisis Concerns Trigger Fuel Reserves in Chhatrapati Sambhajinagar

    Chhatrapati Sambhajinagar, March 9 The administration in Maharashtra's Chhatrapati Sambhajinagar district has directed oil and gas companies to ensure fuel supply for government vehicles involved in essential services, citing potential disruptions in supply amid the Middle East conflict, an...
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    Crude Oil Spike and Geopolitical Concerns Drive Rupee Decline

    Mumbai, March 9 The rupee crashed to its all-time closing low of 92.35 (provisional) against the US dollar on Monday, losing 53 paise during the session, as global crude oil prices saw a sharp spike, and the US dollar strengthened amid the worsening conflict in the Middle East.The withdrawal...
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    Sitharaman: Inflation Near Lower Bound Despite Crude Increase

    New Delhi, March 9 The impact of rising global crude prices on inflation is not expected to be substantial at this point, as India's inflation is near the lower bound, Finance Minister Nirmala Sitharaman said on Monday.In response to a written question in the Lok Sabha, Sitharaman said that...
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    Stock Markets Plunge Amid Rising Oil Prices and Middle East Conflict

    Mumbai, March 9 The benchmark indices, Sensex and Nifty, plunged by over 3% on Monday, as soaring crude oil prices and a weak trend in global equities due to the worsening situation in the Middle East dragged the stock markets sharply lower.Furthermore, continued outflows of foreign funds also...
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    Market Downturn: Indian Stocks Decline on Global Trends

    March 09, New Delhi – India's benchmark stock indices, the BSE Sensex and Nifty 50, plunged by nearly 3 per cent in early trading on Monday.The sharp decline came as crude oil prices surged past $110 per barrel and global equity markets showed a bearish trend.The 30-share Bombay Stock...
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    Oil Price Surge Impacts Indian Oil Marketing & Paint Stocks

    New Delhi, March 9 Shares of oil marketing companies and paint manufacturers plunged on Monday morning trading amid a sharp increase in crude oil prices due to the escalating conflict in the Middle East.Hindustan Petroleum Corporation Ltd fell by 8.67 per cent, Bharat Petroleum Corporation Ltd...
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    Market Downturn: Rising Oil Prices and Middle East Conflict Impact Investors

    Mumbai, March 9 The benchmark stock market indices, Sensex and Nifty, fell by nearly 3% in the early trading on Monday, as soaring crude oil prices and a bearish trend in global equities weighed heavily on investors' sentiment.In addition, relentless outflows of foreign funds also made...
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    Rupee Depreciates Amid Equity Market Decline and Rising Oil

    Mumbai, March 9 The rupee plunged by 46 paise to near its all-time intra-day low of 92.28 against the US dollar in early trading on Monday as global crude oil prices soared and the US dollar strengthened amid the worsening situation in the Middle East.Brent crude, the global oil benchmark, was...
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    Analysts: Geopolitical Tensions & Oil Prices Key to Market Performance

    New Delhi, March 8 Developments related to the ongoing conflict in West Asia and its impact on crude oil prices would be the major driving factors for stock markets this week, analysts said.In addition, global market trends and trading activity of foreign investors would also influence...
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    Steel Industry Faces Cost Inflation Amid Global Conflict

    New Delhi, March 8 The global steel industry, including India, is expected to face multiple market-related challenges in the coming days as the escalating crisis in the Middle East impacts fuel costs, which has led to increased freight rates, according to BigMint Research.Military tensions in...
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    Market Valuations of Top Firms Decline Significantly

    New Delhi, March 8 The combined market valuation of eight of the top-10 most-valued companies declined by ₹2,81,581.53 crore last week, with State Bank of India experiencing the biggest drop, in line with a weak trend in equities.Last week, the BSE benchmark fell by 2,368.29 points, or 2.91...
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    Geopolitical Risks Weigh on the Indian Rupee

    Mumbai, March 6 The rupee depreciated by 18 paise against the US dollar on Friday, closing at 91.82 against the American currency, as rising crude oil prices and a shift towards risk aversion weighed on the currency.Forex experts said the rupee is under pressure due to the escalating Middle...
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    India's Rupee Faces Pressure from Energy Imports and Global Uncertainty

    Mumbai, March 6 The rupee remained within a range throughout the session on Friday and closed 6 paise lower at 91.70 (provisional) against the US dollar, resisting pressure from inflated crude oil prices and suspected RBI intervention.According to forex experts, heavy selling in domestic...
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    Crude Oil Futures Decline Amid Global Market Fluctuations

    New Delhi, March 6 Crude oil prices saw a slight decrease of Rs 28, to Rs 7,189 per barrel, in futures trading on Friday, amidst global uncertainties.On the Multi Commodity Exchange, crude oil futures for April delivery slipped by Rs 28, or 0.39 per cent, to Rs 7,189 per barrel, with a trading...
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    Rupee Gains 41 Paise, Driven by Equity Recovery and Intervention

    Mumbai, March 5 The rupee rebounded from its lowest level and closed with a gain of 41 paise at 91.64 against the US dollar on Thursday, driven by buying trends in domestic equity markets and suspected intervention by the RBI.According to forex analysts, the Reserve Bank appears to have...
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    Amitabh Kant Warns Geopolitical Tensions Impact India’s Energy Security

    New Delhi, March 5: Rising geopolitical tensions linked to the Iran conflict could significantly increase India's oil import bill and put pressure on the rupee, said former NITI Aayog CEO Amitabh Kant on Thursday.In a post on X, Amitabh Kant, who currently serves as a senior advisor to global...
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