Indian markets ended Friday with a sharp decline, but late economic growth data has changed the mood in the short term. The BSE Sensex fell 961 points or 1.17% to close at 81,287. During the day, more than 1,000 points had fallen. In one session, investors lost around Rs 4.98 lakh crore in market value […]
Oil prices fell slightly on Wednesday as talks between the United States and Iran progressed, raising hopes for a de-escalation in bilateral tensions and reducing risks of supply disruptions for the Middle Eastern oil producer. Brent futures fell 3 cents or 0.04% to $67.39 a barrel at 0139 GMT, while US West Texas Intermediate (WTI) […]
Oil prices were steady on Tuesday as investors assessed the risks of supply disruption after Iran conducted naval exercises near the Strait of Hormuz ahead of nuclear talks with the US later in the day. US President Donald Trump said on Monday he would be “indirectly” involved in the Geneva talks, adding that he believes […]
With global markets caught in a whirlwind of geopolitical tensions, uneven growth signals and shifting capital flows, Indian investors are once again asking a familiar question: Has the correction gone far enough to trigger a search for value?Speaking to ET Now, Punita Kumar Sinha said she believes the answer is yes, but with important caveats […]
Oil prices fell on Tuesday even as a massive winter storm hit crude production and hit refineries on the US Gulf Coast. Brent crude futures fell 28 cents, or 0.4%, to $65.31 a barrel at 0145 GMT. U.S. West Texas Intermediate crude traded at $60.39 a barrel, down 24 cents, or 0.4%. In the U.S., […]
The yen was volatile on Friday, with two sudden spikes increasing market speculation that authorities had carried out a rate control, often a harbinger of intervention. The yen was last stronger on the day at 155.855 per dollar. Traders are on alert at the prospect of an intervention from Tokyo to stem the decline in […]
Kolkata: Silver tumbled on Thursday as stocks rose, coming off record highs with a 40% gain this year, as easing geopolitical tensions prompted investors to book profits and shift to asset classes with better value returns, hit by recent bouts of uncertainty. Prices fell to ₹3.03 lakh per kg on Thursday after a record-breaking rally […]
Crude oil prices in West Texas fell on Wednesday as pressure from geopolitical tensions and an expected build-up in US crude inventories outweighed the temporary halt in production at two major fields in Kazakhstan. March WTI fell 79 cents, or 1.31%, to $59.57 a barrel by 0008 GMT. The contract rose 90 cents, or 1.51%, […]
Despite rising geopolitical tensions and continued uncertainty around global rates, market participants may be reading too much into the apparent weakness of major indices, said Rohit Srivastava, founder of Strike Money Analytics & Indiacharts. While the Nifty has fallen below recent record highs and Bank Nifty has retreated above the 60,000 mark, Srivastava believes the […]
Oil prices were little changed on Wednesday but are expected to fall more than 15% in 2025 as supply exceeds demand in a year marked by wars, higher tariffs, OPEC+ production and sanctions on Russia, Iran and Venezuela. Brent crude futures, down nearly 18% – the most substantial annual percentage decline since 2020 – are […]