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Tag: Brent crude

Stock markets close lower amid elevated crude oil, rising inflation

Posted on October 14, 2026 By admin
Stock markets close lower amid elevated crude oil, rising inflation

Benchmark stock indices Sensex and Nifty closed lower on Wednesday (October 14, 2026) amid profit-taking after a sharp rally in the previous session, as a spike in wholesale price-based inflation and firm crude oil prices hit investor sentiment. The 30-share BSE Sensex declined 251.89 points, or 0.34% to settle at 72,781.89. During the day, it…

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Business

Oil prices jump more than $3 after new strikes on Saudi, Strait of Hormuz

Posted on September 14, 2026 By admin
Oil prices jump more than  after new strikes on Saudi, Strait of Hormuz

Image used for representative purpose only. | Photo Credit: Reuters Oil prices rose ​more than $3 a barrel at the market open ‌on Monday, after new strikes on Saudi Arabia ​and on ships in the Gulf ⁠on Sunday (September 13, 2026). Brent crude futures rose $3.62, or 3.46%, to $108.23 per barrel as of 2214…

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World

Stock markets drop in early trade on escalating U.S.-Iran tensions, rising oil prices

Posted on June 11, 2026 By admin
Stock markets drop in early trade on escalating U.S.-Iran tensions, rising oil prices

The 30-share BSE Sensex declined 358.54 points to 73,624.64 in early trade. The 50-share NSE Nifty dropped 117 points to 23,098.30. Representational file image. | Photo Credit: Reuters Stock market benchmark indices Sensex and Nifty declined in early deals on Thursday (June 11, 2026), tracking weak trends in global equities and rising crude oil prices…

Read More “Stock markets drop in early trade on escalating U.S.-Iran tensions, rising oil prices” »

Business

Markets extend gains on buying in FMCG, consumer stocks; Sensex rises 100 points

Posted on August 21, 2024 By admin
Markets extend gains on buying in FMCG, consumer stocks; Sensex rises 100 points

In a range-bound trade, the 30-share BSE Sensex gained for the second day in a row, rising 102.44 points or 0.13% to close at 80,905.30.  | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty closed higher on Wednesday (August 21, 2024), helped by gains in FMCG, consumer durables and health-care stocks amid strong buying…

Read More “Markets extend gains on buying in FMCG, consumer stocks; Sensex rises 100 points” »

Business

Rupee turns flat at 83.73 against U.S. dollar in early trade

Posted on August 2, 2024 By admin
Rupee turns flat at 83.73 against U.S. dollar in early trade

On August 1, the Rupee declined five paise to settle at 83.73 against the U.S. dollar. | Photo Credit: The Hindu The Rupee turned flat at 83.73 against the U.S. currency on August 2 amid weak equity markets and an upward movement in crude oil prices overseas. According to forex traders, “the Indian currency found…

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Business

Sensex, Nifty close at record high levels on gains in PSU banks

Posted on July 15, 2024 By admin
Sensex, Nifty close at record high levels on gains in PSU banks

Among Sensex shares, State Bank of India, NTPC, UltraTech Cement, Mahindra & Mahindra, Bajaj Finance, Tata Motors, Maruti and ITC were the biggest winners. | Photo Credit: Reuters Benchmark Sensex and Nifty closed at new record high levels on July 15 helped by fresh foreign fund inflows and buying in State Bank of India. The…

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Business

Markets on record rally; Sensex, Nifty settle at new all-time high levels

Posted on June 26, 2024 By admin
Markets on record rally; Sensex, Nifty settle at new all-time high levels

Among the 30 Sensex companies, Reliance Industries, Bharti Airtel, UltraTech Cement, Sun Pharma, Adani Ports, Axis Bank, NTPC and Bajaj Finance were the biggest gainers. | Photo Credit: Reuters Stock market benchmark indices Sensex and Nifty ended at their fresh all-time high levels on June 26 in tandem with a rally in Asian peers and…

Read More “Markets on record rally; Sensex, Nifty settle at new all-time high levels” »

Business

Nifty hits fresh record peak; Sensex climbs more than 300 points in early trade

Posted on June 21, 2024 By admin
Nifty hits fresh record peak; Sensex climbs more than 300 points in early trade

Among the Sensex 30 companies, Tech Mahindra, Infosys, HCL Technologies, Tata Consultancy Services, Wipro, Bajaj Finserv, Power Grid and IndusInd Bank were the biggest gainers. | Photo Credit: Reuters Benchmark equity indices rallied in early trade on June 21, with the NSE Nifty hitting a fresh all-time peak, helped by buying in IT stocks and…

Read More “Nifty hits fresh record peak; Sensex climbs more than 300 points in early trade” »

Business

Sensex, Nifty scale fresh record high levels

Posted on June 20, 2024 By admin
Sensex, Nifty scale fresh record high levels

Among the 30 Sensex companies, JSW Steel, Tata Steel, Axis Bank, Reliance Industries, ICICI Bank, Hindustan Unilever, Kotak Mahindra Bank and Asian Paints were among the biggest gainers. | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty soared to new lifetime highs on June 20, fuelled by robust buying in market heavyweights Reliance, ICICI…

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Business

Sensex, Nifty end flat after hitting record high levels

Posted on June 19, 2024 By admin
Sensex, Nifty end flat after hitting record high levels

Among the 30 Sensex companies, Axis Bank, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, IndusInd Bank, State Bank of India, Infosys, Wipro, Tech Mahindra and HCL Technologies were the gainers. | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty ended flat on June 19 after hitting new lifetime peaks during the session on the…

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