Tag: crude oil price

The sell-off was driven primarily by surging crude oil prices (Reuters/File)
Posted in Business

Sensex, Nifty see worst day in weeks: Why was market down today?

Equity markets came under heavy selling pressure on Thursday, with the Nifty 50 falling 1.64 per cent to 23,063.10 and the Sensex dropping 1.67 per…

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The Bombay Stock Exchange (BSE) building, back, in Mumbai (Bloomberg/File)
Posted in Business

Nifty, Sensex open positive despite concerns over inflation, global oil prices

Stock market indices Sensex and Nifty opened in green on Monday even as elevated crude oil prices kept investors worried about their impact on inflation…

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Sensex opened over 700 points lower on Wednesday. (ANI)
Posted in Business

Why stock market is down today: Sensex, Nifty crash explained

Indian benchmark indices fell sharply in early trade on Wednesday as fresh US strikes on Iran escalated the Middle East conflict, sending oil prices higher…

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Posted in Economy

W.O.R.R is the worry. A four-way assault pummells Indian macro

India’s macroeconomic outlook has darkened abruptly, with four powerful shocks converging at once — War, Oil, Rupee and Rains, or W.O.R.R. A deepening Iran conflict,…

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Posted in Economy

$100 oil shock set to strain Asia’s cash-strapped governments

Asia’s governments will have to stretch their budgets or risk unleashing an inflation shock as the deepening conflict in the Middle East pushes oil prices…

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Several Asian stock markets fell sharply on Monday as oil prices climbed by more than 25 per cent. (Reuters/File)
Posted in Business

Global oil prices jump over 30% as Middle East conflict escalates

Oil prices surged to $114 a barrel as more major Middle East producers cut production, the Strait of Hormuz remained largely closed, and the United…

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