Latest crude oil prices News & Updates

Mumbai, May 3 (IANS) The Indian stock market is likely to remain under pressure in the coming week as investors grapple with rising crude oil prices, persistent foreign fund outflows, and escalating geopolitical tensions. Alongside these macro triggers, a busy earnings calendar is expected to keep stock-specific action high, even as the broader sentiment stays cautious.During the last trading session, the Nifty declined 0.73 per cent to close at 24,000, recovering from its day’s low, while the…

New Delhi, May 2 (IANS) Foreign institutional investors (FIIs) continued to remain net seller for the 10th consecutive month in April, as they sold Rs 70,100 crore worth Indian equities last month, according to the provisional exchange data.On the other hand, domestic institutional investors (DIIs) continue to provide support to the market, emerging as net buyer during last month, with investments totalling Rs 51,000 crore. Last week, FIIs sold net about Rs 13,000 crore while DIIs infused around…

Mumbai, April 26 (IANS) The combined market valuation of seven of India’s top-10 most valued companies eroded by over Rs 2 lakh crore last week, with Reliance Industries and Tata Consultancy Services (TCS) emerging as the biggest laggards.The downturn came in line with a bearish trend on Dalal Street, where the Sensex plunged 1,829.33 points, or 2.33 per cent, while the Nifty declined 455.6 points, or 1.87 per cent during the week.Market sentiment remained under pressure after two consecutive …

New Delhi, April 26 (IANS) A mix of global and domestic triggers, including the upcoming US Federal Reserve policy decision, ongoing earnings season, geopolitical tensions and crude oil price movements, are expected to guide the Indian stock market in the coming week after benchmark indices ended lower.Indian equity benchmarks, the Sensex and Nifty, closed in the red after two straight weeks of gains, weighed down by rising geopolitical tensions and cautious commentary from major IT firms.After …

Mumbai, April 25 (IANS) The domestic equity markets closed on a weak note this week, with benchmark indices declining about 2 per cent amid escalating tensions in West Asia, a sharp spike in crude oil prices, and heavy selling in IT stocks weighing on sentiment.On a weekly basis, headline indices Sensex and Nifty ended lower, falling 2.3 per cent and 1.9 per cent, respectively.However, broader markets showed relative resilience, with the BSE Midcap and BSE Smallcap indices slipping just 0.6 per …

New Delhi, April 22 (IANS) India’s economy has developed strong resilience to high energy prices and is capable of sustaining growth above 7 per cent even if crude oil costs remain in the range of $90–100 per barrel, Assocham said on Wednesday.The industry body noted that over the past two and a half decades, India has successfully absorbed multiple oil price shocks without derailing its growth trajectory.Data analysed for the period from 2000-01 to 2025-26 shows that some of India’s stron…

New Delhi, April 18 (IANS) Foreign institutional investors (FIIs) have begun to show early signs of stabilisation in the Indian equities following a prolonged period of outflows, according to market watchers.Notably, FIIs turned net buyers in the final three sessions of this week, lending support to the recovery and improving overall sentiment.However, on a cumulative basis, flows remained marginally negative for the week at around Rs 250 crore, indicating that sustained inflows will be required…

Mumbai, April 15 (IANS) Indian equity markets rallied sharply on optimism over easing geopolitical tensions after US President Donald Trump indicated that the conflict with Iran could be nearing an end, boosting investor sentiment and risk appetite.The benchmark indices ended the session on a strong note, with the Nifty rising 1.63 per cent, or 388.65 points, to close at 24,231.30.The Sensex also gained 1.64 per cent, or 1,264 points, to settle at 78,111.24.Experts said that from a technical per…

New Delhi, April 15 (IANS) The Centre is reportedly considering a new fuel price stabilisation mechanism aimed at protecting consumers from sharp fluctuations in petrol, diesel and LPG prices amid rising global energy volatility.The proposal, which is currently under discussion among key ministries, seeks to establish a dedicated buffer system that can be deployed during periods of extreme price swings, according to NDTV Profit report.The move comes as geopolitical tensions in West Asia continue…

New Delhi, April 14 (IANS) With the US military starting its blockade of Iran’s ports, around two million barrels of Iranian oil per day is expected to be shut out from the world’s markets, tightening global supply and leading to a further rise in prices of petroleum products, according to reports.A complete blockade of the Strait of Hormuz may also impact LPG supplies for India, as over the past month the country managed to have at least eight LPG tankers safely crossed through the strait,” w…