Rupee Hits Three-Week Low as Costly Oil Adds Pressure
The rupee closed at 95.75 per dollar as soaring oil prices and weak equities added pressure, despite nine sessions of RBI intervention.
#Crude Oil
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Nifty Falls for Sixth Session as Oil Risks Rise
Nifty has fallen for six straight sessions as higher crude oil and West Asia tensions weigh on sentiment. Here is what investors should watch next.
Crude Oil Dips Despite Iran Threat: What It Means for India
Crude oil eased despite fresh Iran tensions, but weekly gains near 4% keep India’s inflation, rupee and corporate-cost risks firmly in focus.
Nifty Faces a Muted Open as Crude Oil Rises
Nifty faced a muted Monday opening signal as stronger Asian markets competed with rising crude oil and geopolitical uncertainty.
Indian Market Report: Nifty Falls 0.64% as Realty Leads Decline
Nifty fell 0.64% as realty, infrastructure and FMCG weakened; metals gained while investors weighed RBI policy, crude’s slump and LIC’s OFS.
US Market Report: Nasdaq Soars 4.77% as Oil and Yields Tumble
US stocks surged as tech led a broad rally, oil prices plunged on Hormuz hopes, Treasury yields fell and gold reached 4,155.10.
Indian Market Report: Nifty Rises 0.68% as FMCG Leads and Rupee Strengthens on Crude Slump
Nifty 50 closed at 24,550.45 (+0.68%) on Monday as FMCG surged 1.52%, the rupee firmed 25 paise, and crude oil tumbled 5.70% on US-Iran truce hopes.