India will manage high energy prices without compromising economic growth owing to the country’s increased resilience to high energy costs, industry body Assocham said, citing an analysis which states that India absorbed severe oil shocks while growth remained strong in the past.  “Data analysed by the industry body for the period 2000-01…
Benchmark indices surged sharply on Wednesday, with investors turning bullish as easing oil prices and hopes of renewed US-Iran talks lifted sentiment across sectors.The BSE Sensex jumped 1,263.67 points, or 1.64%, to close at 78,111.24, after rising as much as 1,422.85 points, or 1.85%, during the session. The NSE Nifty climbed 388.65 points, or 1.63%,…
The collapse of talks between Iran and the US is likely to weigh on investor sentiment when markets open on Monday, analysts said, with crude oil prices and key macroeconomic data also set to drive trends in a holiday-shortened week, PTI reported.Stock markets will remain closed on Tuesday on account of Baba Saheb Ambedkar Jayanti.The…
Foreign investors maintained their aggressive sell-off in Indian equities, withdrawing Rs 48,213 crore ( $5.14 billion) in the first 10 days of April, as rising geopolitical tensions and global macroeconomic uncertainties reduced risk appetite. The sell-off follows a record outflow of Rs 1.17 trillion (about $12.7 billion) in March, the worst monthly exodus…
US stock markets opened muted on Thursday while crude oil prices surged toward $100 per barrel, as doubts over the durability of the US-Iran ceasefire dampened investor sentiment, AP reported.The S&P 500 slipped 0.1%, while the Dow Jones Industrial Average fell 40 points, or 0.1%, and the Nasdaq Composite declined 0.2% in early trade after…
Equity benchmark indices Sensex and Nifty50 surged nearly 4% on Wednesday, tracking a sharp rally in global markets and a steep fall in crude oil prices after the US and Iran announced a two-week ceasefire. The rally was also supported by the Reserve Bank of India’s decision to keep the policy repo rate unchanged, broad-based…
Why are bond yields rising?Bond yields are climbing due to a combination of rising crude oil prices and a weakening rupee, both of which add to inflationary pressures. India’s 10-year benchmark yield has risen to around 7% from 6.68% a month ago. Crude oil prices have surged to $115–$120 per barrel, and with India importing…
Domestic equities are expected to remain volatile this week as investors track the Reserve Bank’s monetary policy decision, global macroeconomic cues and evolving developments in the West Asia conflict, analysts said, according to PTI.Market participants will also keep a close watch on crude oil price movements and foreign fund flows, which continue to influence sentiment.Vinod…
A month into the Middle East conflict, global crude markets remain under strain, with prices rising nearly 50% since the United States and Israel launched strikes on Iran on February 28, triggering a strong response from Tehran. Oil prices had earlier surged to as high as $119 per barrel amid heightened tensions involving Iran, before…