Mumbai, March 24 (IANS) Indian equity benchmarks opened on a strong note on Tuesday amid hopes of easing tensions in West Asia over remarks by US President Donald Trump on postponing potential strikes on Iran’s energy infrastructure.Sensex surged as much as 2 per cent or 1,516 points to hit an intra-day high of 74,212, while Nifty opened at 22,878, up 365.80 points or 1.62 per cent.Sector-wise, all sectors were trading in green zone as buying was seen across the board — with consumer durables…
Latest WTI crude News & Updates
Mumbai, March 22 (IANS) The Indian stock market ended the week on a cautious note, and experts believe global tensions, rising crude oil prices, currency pressure and movement in precious metals will be key factors shaping investor sentiment in the coming days.The benchmark indices, Nifty and Sensex, closed the week largely flat with a slight negative bias.While the first three trading sessions remained positive, a sharp sell-off on Thursday erased most of the gains, followed by a volatile sessi…
Mumbai, March 20 (IANS) Global oil prices traded lower on Friday after the US signalled a possible easing of sanctions on Iranian crude, as efforts intensified to secure shipping through the Strait of Hormuz.Brent crude futures fell as much as 3.39 per cent to an intra-day low of $104.96 per barrel, while US WTI crude futures traded 3.22 per cent lower at $92.47, hitting an intra-day low.The decline in oil prices followed comments by US Treasury Secretary Scott Bessent, who indicated that Washin…
Mumbai, March 20 (IANS) The Indian rupee dropped to a record low on Friday to 93.12 against the US dollar, amid global supply chain disruptions due to escalating Middle East conflict.The domestic currency fell 0.55 per cent to 93.12, eclipsing its previous low of 92.63 on Wednesday.The rupee has depreciated nearly 2 per cent since the West Asia tensions began.According to experts, the USD/INR pair is trading above the 92.8 level, indicating continued pressure on the rupee amid elevated crude pri…
Mumbai, March 19 (IANS) Gold and silver prices witnessed a sharp fall on Thursday following the US Federal Reserve’s latest policy decision announced overnight, even as escalating geopolitical tensions in the Middle East kept bullion in focus.On the Multi Commodity Exchange (MCX), gold futures (April 2) were trading around 1 per cent, or Rs 1,313, lower at Rs 1,51,712, hitting an intraday low at around 10:22 am. Similarly, silver futures (May 5) declined to Rs 2,43,083, down 2 per cent or Rs 5…
Mumbai, March 19 (IANS) Indian equity markets opened sharply lower on Thursday, tracking weak global cues as escalating geopolitical tensions in the Middle East triggered a surge in crude oil prices.Sensex plunged 1,953 points or 2.55 per cent to 74,750, while Nifty also witnessed heavy selling pressure, declining 580 points or about 2.4 per cent, before recovering a bit in early trade.Among stocks, HDFC Bank, Shriram Finance, Larsen & Toubro (L&T), TMPV, Axis Bank, HDFC Life and IndiGo …
New Delhi, March 4 (IANS) The Indian rupee breached a new record low on Wednesday, crossing Rs 92 per dollar as oil prices surged amid escalating geopolitical tensions in the Middle East.The domestic currency was trading at Rs 92.38 to the dollar, up 35 paise or 0.38 per cent from the previous session.Brent crude prices spiked to as much as $85 per barrel in recent days as military tensions between the United States, Israel and Iran intensified, the report further said.On Wednesday, WTI crude cl…
New Delhi, March 4 (IANS) Gold and silver prices climbed over 1 per cent on Wednesday amid escalating conflict between the US‑Israeli combine and Iran, driving safe haven demand.MCX gold April futures gained 1.04 per cent to Rs 1,62,790 per 10 grams around 11.30 am on an intraday basis. Meanwhile MCX silver May futures gained 1.84 per cent to Rs 2,70,200 per kg.Increased tensions in the Middle East and chances of energy disruption pushed investors toward safe‑haven assets and while concerns …
Mumbai, March 4 (IANS) The Indian equity markets opened sharply lower on Wednesday, tracking weak global cues and aggressive FII short positioning in index futures amid escalating geopolitical tensions in the Middle East.As of 9.28 am, Sensex lost 1,773 points, or 2.21 per cent, to reach 78,465 and Nifty eased 549 points, or 2.21 per cent, at 24,316.Main broad-cap indices performed in line with the benchmark indices, as the Nifty Midcap 100 declined 2.18 per cent, and the Nifty Smallcap 100 lost…
Mumbai, Jan 4 (IANS) Global markets are set to begin the first full trading week of 2026 on edge after a major geopolitical shock involving Venezuela, a country with the world’s largest oil reserves. Investor focus has shifted sharply to safe-haven assets like gold and silver, while oil prices are expected to move higher amid fears of supply disruptions.Markets turned cautious after US forces captured Venezuelan President Nicolás Maduro and his wife during a military operation over the weeken…