Mumbai, April 15 (IANS) Indian equity markets opened on a strong note on Wednesday, with both benchmark indices rallying sharply amid easing geopolitical concerns after signals of a possible de-escalation in tensions between the United States and Iran.Investor sentiment improved after US President Donald Trump indicated that the conflict with Iran could be nearing its end, raising hopes of stability in global markets.During early trade, the Nifty surged 1.61 per cent, or 392.75 points, to trade …
Latest Brent Crude Futures News & Updates
Mumbai, April 13 (IANS) International crude oil prices surged on Monday, climbing nearly 10 per cent and crossing the $100 per barrel mark, following the US Navy’s move to blockade the Strait of Hormuz amid stalled peace talks.Brent crude futures jumped 8.61 per cent or $8 to hit an intraday high of $103.40. Similarly, US West Texas Intermediate (WTI) crude traded at $105.63, up 9.38 per cent or $9.On the domestic front, crude oil futures (April 20 contract) on the Multi Commodity Exchange (MC…
New Delhi, April 7 (IANS) Gold and silver prices showed volatility in Tuesday’s session amid geopolitical tensions following US President Donald Trump’s recent aggressive posts on Iran.On the Multi Commodity Exchange (MCX), gold futures (June 5) were trading at Rs 1,50,228, up Rs 247 or 0.16 per cent at 11:35 am.On the intraday front, the yellow metal rose as much as 0.32 per cent or Rs 493 to Rs 1,50,474. Earlier in the session, before 10 am, it was trading lower by 0.23 per cent or Rs 356 …
Mumbai, April 7 (IANS) The Indian stock markets on Tuesday witnessed sharp losses in early trade, with equity benchmarks declining 1 per cent each amid uncertainty over a possible resolution to the West Asia conflict, ahead of a deadline set by US President Donald Trump to reopen the Strait of Hormuz.Sensex opened 372 points or 0.50 per cent lower at 73,734, while Nifty began the session at 22,838.Later in early trade, the 30-scrip basket declined as much as 1.11 per cent or 824.44 points, hitti…
Mumbai, April 2 (IANS) Gold and silver prices on Thursday fell up to 5.6 per cent after US President Donald Trump’s prime-time address on the Middle East conflict failed to deliver fresh signals of an imminent resolution, disappointing bullion bulls who hoped for a ceasefire announcement.On the Multi Commodity Exchange (MCX), gold futures (June 5) fell as much as 2.31 per cent, or Rs 3,563, to hit an intraday low of Rs 1,50,145 till 10:30 am. On the intraday high, the yellow metal traded 0.79 pe…
New Delhi, April 1 (IANS) State-owned oil marketing companies (OMCs) on Wednesday made substantial revisions to prices of both aviation turbine fuel (ATF) and commercial LPG, with rates surging sharply — including a more-than-doubling in jet fuel prices — tracking a spike in global oil prices amid the escalating West Asia conflict.Jet fuel prices more than doubled to a record high, while commercial LPG rates also rose significantly, adding to cost pressures across sectors.The price of ATF in D…
Mumbai, March 31 (IANS) Domestic stock exchanges BSE and NSE will remain closed on Tuesday on account of Shri Mahavir Jayanti.In addition, the bourses will have 11 more days of official holidays this year, except Saturdays and Sundays.In commodities, the Multi Commodity Exchange of India (MCX) will remain closed during the morning session — 9 am to 5 pm — on Tuesday due to the festival.However, trading will resume in the evening session from 5 pm to 11:30 pm, according to the exchange. Meanwhi…
New Delhi, March 28 (IANS) BJD MP Sasmit Patra on Saturday said that the recent reduction in excise duty on petrol and diesel could result in a revenue loss of Rs 3-4 lakh crore for the Government of India, while also warning of broader economic challenges stemming from the ongoing West Asia conflict. Speaking to IANS, Patra said, “The conflict in West Asia naturally has a global impact, including on India. The excise duty cut will cost the Government of India a loss of around Rs 3–4 lakh cr…
Mumbai, March 27 (IANS) Gold and silver prices surged on Friday, driven by safe-haven demand amid persistent uncertainty and fading hopes of de-escalation in the West Asia conflict.Gold futures for April 2 delivery jumped as much as 2.27 per cent, or Rs 3,167, to hit an intraday high of Rs 1,42,660 per 10 grams on the Multi Commodity Exchange (MCX) around 11:20 AM. The yellow metal was later trading at Rs 1,42,500, up Rs 3,007 or 2 per cent.During the session, gold touched an intraday low of Rs …
New Delhi, March 23 (IANS) Analysts at Goldman Sachs have sharply raised their oil price forecasts for 2026, citing severe disruption to shipments through the Strait of Hormuz, which they described as the biggest supply shock ever to hit the global crude markets.The prominent investment bank has expected that Brent crude futures will average $85 per barrel in 2026, an increase of 10.38 per cent from its earlier estimate of $77.Similarly, US West Texas Intermediate (WTI) is projected at $79 per b…