Week Ahead: RBI Policy, Q2 Results, Israel-Iran war, FII flow, global cues among key market triggers for Nifty, Sensex

Week Ahead: RBI Policy, Q2 Results, Israel-Iran war, FII flow, global cues among key market triggers for Nifty, Sensex

The Indian stock market began October on a disastrous note, with Dalal Street witnessing carnage due to across-the-board selling pressure on weak global cues. The domestic indices experienced a sharp downturn, breaking its three-week winning streak. The significant decline has been attributed to a combination of fundamental challenges, which prompted short-term profit-taking. In the second … Read more

Oil sizzles from 33-month low on Israel-Iran war, Brent up 3% to $74; China demand, US inventories limit gains

Oil sizzles from 33-month low on Israel-Iran war, Brent up 3% to $74; China demand, US inventories limit gains

International crude oil prices climbed three per cent before paring gains on Wednesday, October 2, on worries that the escalating conflict in the Middle East due to the Israel-Iran war could threaten oil supplies from the world’s top-producing region. However, a large build-up in US crude inventories limited gains. Brent futures were last up 84 … Read more

Oil gains for fifth straight session on rising Mideast tensions

NEW YORK -Oil prices were up by more than 2% on Monday, gaining for a fifth consecutive session on intensifying conflict in the Middle East that could tighten global crude oil supplies. Brent crude futures were up $1.81, or 2.3%, at $81.47 a barrel by 1658 GMT. U.S. West Texas Intermediate crude futures rose $2.21, … Read more