brent crude

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    Geopolitical Tensions Weigh on Indian Rupee

    Mumbai, April 10 The rupee reversed initial gains and closed the day 32 paise lower at 92.83 against the US dollar on Friday, weighed down by risks from rising global tensions, particularly the US-Iran conflict.Forex traders said the rupee experienced high volatility as the deadline for the...
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    Rupee Falls 17 Paise Against US Dollar

    Mumbai, April 10 The rupee reversed initial gains and closed the day 17 paise lower at 92.68 (provisional) against the US dollar on Friday, weighed down by risks from rising global tensions, particularly the US-Iran conflict.Forex traders said the rupee witnessed high volatility as the...
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    India's Rupee Settles at 92.51 Amid Geopolitical Concerns

    Mumbai, April 9 The rupee ended with a marginal gain of 3 paise at 92.51 against the US dollar on Thursday, supported by a weak American currency, even as the situation in West Asia remains fragile, keeping investors wary of the opening of the Strait of Hormuz.Forex traders said geopolitical...
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    Market Reversal: India Stocks Fall Amid West Asia Tensions

    Mumbai, April 9 – The benchmark indices Sensex and Nifty plunged on Thursday afternoon trading after a strong rally in the previous session, as fresh tensions in West Asia threatened the ceasefire reached between the US and Iran.Weak trends in Asian markets and continued outflows of foreign...
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    Market Volatility: Gold and Silver Prices React to Geopolitical News

    Mumbai, April 9 Gold and silver prices declined on Thursday despite fresh geopolitical tensions following reports of Israel attacking Lebanon's Hezbollah.On the Multi Commodity Exchange (MCX), gold futures (June 5) fell by as much as 0.74 per cent or Rs 1,129 to Rs 1,50,647, hitting an...
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    Rupee Depreciates to 92.71 Amid Global Market Volatility

    Mumbai, April 9 The rupee depreciated by 17 paise to 92.71 against the US dollar in early trading on Thursday as the fragile ceasefire and Iran's threat to withdraw from talks if Israel continued bombing Lebanon kept investors wary.Forex traders said that the market is in a wait-and-see mode...
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    Crude Oil Drop Spurs OMC Stock Gains

    New Delhi, April 8 Shares of oil marketing companies surged on Wednesday, with HPCL rising by nearly 10 per cent, as crude oil prices sharply declined to fall below the USD 100 mark following the announcement of a two-week ceasefire by the US and Iran.Brent crude, the global oil benchmark...
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    Currency Fluctuations: Rupee Strengthens After RBI Pause

    Mumbai, April 8 The rupee appreciated by 47 paise to close at 92.59 (provisional) against the US dollar on Wednesday after US President Donald Trump announced the suspension of military strikes against Iran for two weeks, and the Reserve Bank kept the key benchmark rate unchanged with a neutral...
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    Oil Marketing Stocks Surge Amidst Crude Price Decline

    New Delhi, April 8 Shares of oil marketing companies soared on Wednesday, with HPCL rising by 9%, as crude oil prices sharply declined to fall below the $100 mark following the announcement of a two-week ceasefire by the US and Iran.Brent crude, the global oil benchmark, dropped by 14.03% to...
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    Gold and Silver Surge Amidst Geopolitical Calming

    Mumbai, April 8 – Gold and silver prices rose sharply on Wednesday due to demand for safe-haven assets, even after US President Donald Trump announced a two-week ceasefire plan.On the Multi Commodity Exchange (MCX), gold futures (June 5) jumped as much as Rs 3,688 or 2.45 per cent, reaching a...
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    India's Aviation Sector Benefits from Oil Price Decline

    New Delhi, April 8 Aviation stocks soared on Wednesday morning trading following a sharp decline in crude oil prices after the US and Iran announced a two-week ceasefire.The easing of geopolitical tensions led to a sharp drop in Brent crude oil prices, which fell by 13% to $94.94 per barrel...
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    India's Rupee Gains 50 Paise Amidst Global Market Volatility

    Mumbai, April 8 The rupee appreciated by 50 paise to 92.56 against the US dollar in early trading on Wednesday, following US President Donald Trump's announcement of a two-week suspension of military strikes against Iran.Forex traders said the announcement of a two-week ceasefire triggered a...
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    Geopolitical Calm Reduces Crude Oil Futures Drop

    New Delhi, April 8 Crude oil prices plunged sharply on Wednesday, falling by 6 per cent to hit their lower circuit level in futures trading, as global benchmarks weakened following the announcement of a two-week ceasefire between the US and Iran.On the Multi Commodity Exchange (MCX), futures...
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    Market Reacts Positively to US-Iran Ceasefire Agreement

    Mumbai, April 8 – Dalal Street experienced a significant boost on Wednesday, with equity benchmarks opening sharply higher, jumping more than 3 per cent each after both sides announced a two-week ceasefire in the US-Israel-Iran conflict.The Sensex climbed as high as 3.71 per cent, or 2,775...
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    Sensex Jumps Over 500 Points Amid Market Rally

    Mumbai, April 7 The benchmark indices Sensex and Nifty ended higher on Tuesday, as a drop in crude oil prices and a rally in global markets calmed investors' sentiment.Also, buying in IT stocks aided the recovery in the markets after early losses.The 30-share BSE Sensex jumped 509.73 points...
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    Rupee Falls 10 Paise to 93.00 Against USD

    Mumbai, April 7 The rupee depreciated by 10 paise to close at 93.00 (provisional) against the US dollar on Tuesday, as investors remained cautious ahead of US President Donald Trump's deadline for the opening of the Strait of Hormuz and the Reserve Bank's monetary policy review.Forex traders...
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    Gold and Silver Prices Volatile Amid Geopolitical Concerns

    New Delhi, April 7: Gold and silver prices experienced volatility on Tuesday, amid geopolitical tensions following US President Donald Trump’s recent aggressive posts regarding Iran.On the Multi Commodity Exchange (MCX), gold futures (June 5) were trading at ₹1,50,228, up ₹247 or 0.16 per cent...
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    Geopolitical Risks Drive Crude Price Surge

    New Delhi, April 7 – Global crude oil prices soared on Tuesday, hitting new highs with more than a 3 per cent jump, amid geopolitical tensions and US President Donald Trump's deadline on Tuesday to reopen the Strait of Hormuz to Iran.Brent crude futures rose as much as 1.69 per cent, or $1.86...
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    Crude Oil Prices and Geopolitical Concerns Drive Market Drop

    Mumbai, April 7 The benchmark indices, Sensex and Nifty, declined in early trading on Tuesday as surging crude oil prices, coupled with growing uncertainty about the outcome of the war in West Asia, dampened investor sentiment.Unabated outflows of foreign funds also contributed to the negative...
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    India's Rupee Faces Pressure from Capital Withdrawal & Oil Prices

    Mumbai, April 7 The rupee depreciated by 17 paise to 93.07 against the US dollar in early trade on Tuesday, weighed down by continued withdrawal of foreign capital, a strong dollar, and higher crude oil prices amid a volatile geopolitical situation.Forex traders said the USD/INR pair remains...
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