Mumbai, May 21 (IANS) Indian equity markets traded higher on Thursday in early deals amid hopes of easing tensions in West Asia after Iran said it was reviewing latest proposal to end the conflict.In the morning trade, Sensex jumped as much as 0.83 per cent or 627 points to hit an intraday high of 75,945, while Nifty traded 0.84 per cent or 200 points higher at 23,859.On the sectoral front, realty stocks led the gains, with the Nifty Realty index rising 1.5 per cent. Nifty Cement advanced 1 per …
Latest WTI crude News & Updates
New Delhi, May 18 (IANS) Global crude oil prices extended gains on Monday as escalating tensions between the US and Iran fuelled concerns over supply disruptions after a nuclear facility in the United Arab Emirates was attacked.International oil benchmark Brent crude rose as much as 2.37 per cent or $2.60 to $111.86 per barrel.Meanwhile, US West Texas Intermediate (WTI) crude advanced 3.11 per cent, or $3.28, to $108.70 per barrel.In the domestic markets, crude oil futures (June 18) on Multi Com…
Mumbai, May 18 (IANS) Domestic equity markets opened sharply lower on Monday, with benchmark indices declining 1 per cent in morning trade amid elevated crude oil prices and rising geopolitical tensions in West Asia following the conflict between the US and Iran.Sensex declined as much as 892 points or 1.18 per cent to hit an intraday low of 74,345 in early trade, while Nifty slipped 272 points or 1.15 per cent to 23,371.Earlier in the day, the Sensex opened at 74,807.97, down 430 points or 0.57…
Mumbai, May 13 (IANS) Domestic equity markets opened flat on Wednesday amid mixed global cues and a decline in oil prices.Sensex was trading at 74,567, up 8 points or 0.01 per cent, while the Nifty was at 23,387, gaining 8 points or 0.03 per cent. Earlier in the day, the benchmark indices opened at 74,439.34 and 23,362.45, respectively.Among sectoral indices, Nifty IT and Nifty Media were the top losers, while Nifty Metal, Nifty FMCG and Nifty Chemicals emerged as the top gainers.Eicher Motors, …
Mumbai, April 20 (IANS) Domestic equity benchmarks traded in negative territory early on Monday over fresh US-Iran conflict in the Strait of Hormuz, despite positive cues from global markets and positive earnings from banking firms.Sensex traded at 78,261, down 0.29 per cent or 232 points in early trade, while Nifty declined as much as 0.46 per cent, or over 100 points, to 24,241 amid selling pressure in realty, metal, and energy stocks.Hindalco Industries, TMPV, Eternal, HDFC Life, HDFC Bank, B…
Mumbai, April 17 (IANS) The Indian currency strengthened by 25 paise to 92.95 against the US dollar in early trade on Friday, supported by easing pressure on the currency after the Reserve Bank of India (RBI) reportedly asked state-run oil refiners to use a special credit line instead of buying dollars.The domestic currency opened stronger after closing at 93.20 in the previous session, amid improved sentiment in local equities and hopes of easing geopolitical tensions.However, the currency rema…
Mumbai, April 14 (IANS) International crude oil prices on Tuesday pared their gains, falling up to 3 per cent on hopes of renewed US-Iran dialogue to end the conflict, which helped ease concerns over supply risks linked to the US blockade of the Strait of Hormuz.Global benchmark Brent crude futures traded at $96.6 per barrel, down 2.77 per cent, while US West Texas Intermediate (WTI) crude declined more than 3 per cent to $95.69, hitting an intraday low in early trade.In the previous session, oi…
Mumbai, April 14 (IANS) Global gold and silver prices rebounded on Tuesday after a two-day decline, rising up to 2 per cent amid easing concerns over inflation, following signs of a potential diplomatic resolution to the ongoing US-Iran conflict.In the international market, COMEX gold rose as much as 0.74 per cent, or $35.4, to hit an intra-day high of $4,802.80 at 9:30 am (local time), recovering most of the losses seen in the previous two sessions.Similarly, COMEX silver gained 2 per cent to t…
New Delhi, April 8 (IANS) The Indian rupee on Wednesday showed positivity for a fourth consecutive session against the dollar, tracking gains in global equities after the United States and Iran agreed to a two-week ceasefire, offering markets respite from turbulence driven by the West Asia conflict.The domestic currency rose 0.4 per cent to 92.61 against the dollar from its previous close of 93.This comes after US President Donald Trump announced a temporary ceasefire with Iran, easing geopoliti…
New Delhi, April 8 (IANS) Global crude oil prices on Wednesday plunged sharply up to 20 per cent, after US President Donald Trump announced a two-week ceasefire with Iran that includes a pledge to restore navigation through the Strait of Hormuz — the narrow waterway at the heart of the world’s most acute energy crisis in decades.The international benchmark Brent crude futures shed nearly 16 per cent or $17.39 to $91.88, hitting an intraday low, while US WTI crude declined almost 20 per cent or …