Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Sensex jumps over 500 points, Nifty tops 24,150 as oil slips below $70/bbl on US-Iran peace talks
Indian stock markets saw a second day of gains, with Sensex and Nifty inching up as oil prices plummeted to $70 a barrel amid US-Iran peace talks. Tech stocks like Infosys led the charge, while broader markets also traded higher. Analysts point to falling crude, strong auto sales, and tapering FII selling as positive near-term drivers, though monsoon progress remains a watch point.
Brent crude oil bias may remain bearish-to-neutral in H2CY2026
Mohammed Imran, research Analyst at Mirae Asset Sharekhan has a bearish-to-neutral view on Brent through H2CY2026, with a base-case range of $68-72/bbl.
OMCs to infra: Analysts pick sectors likely to gain from US-Iran peace deal
Among sectors, Bernstein expects oil marketing companies (OMCs) will likely stand to benefit from reduced crude oil prices that dropped around 4 per cent on Monday to $83 a barrel (bbl)
'Bear beneath the barrel': Mirae Asset sees weak demand limiting oil rally
The path of least resistance for Brent over the next two quarters appears skewed to the downside, with Brent prices likely drifting below $90/bbl
Emkay raises FY27 Brent crude forecast to $90/bbl, cuts GDP outlook to 6.3%
Emkay Global has raised FY27 Brent crude oil price forecast to $90 per barrel citing West Asia tensions and inventory depletion. It has cut India's GDP growth outlook to 6.3 per cent
Crude oil prices gain as US-Iran peace deal remains elusive; Brent tops $97/bbl. Where are they headed next?
US-Iran war: MCX crude oil price rose as much as 1% to ₹9,039 per barrel. Here's what's driving the crude oil prices today, along with experts opinion on near-term outlook.
Crude oil prices continue to rise amid ongoing US-Iran talks; brent near $95/bbl. What's the outlook?
US-Iran war: Crude oil prices on Multi Commodity Exchange (MCX) witnessed downward movement. MCX crude oil prices fell as much as 0.16% to ₹8,725 per barrel.
Oil prices retreat amid fresh scope of US-Iran peace talks; Brent crude at $98/bbl. Where are they headed?
Crude oil prices have retreated, with MCX crude falling over 2% to ₹8,840 per barrel. Ongoing geopolitical tensions are impacting oil markets, as traders await clarity on US-Iran negotiations.
Crude oil prices rebound after 7% fall on fresh US strikes on Iran; Brent above $98/bbl. What lies ahead?
Crude oil prices on MCX rose as much as 1.90% to ₹8,779 per barrel amid doubts over the prospects of an interim agreement between Tehran and Washington to reopen the Strait of Hormuz.
Crude oil price snaps losing streak; Brent crude at $105/bbl. Where are prices headed?
US-Iran war: MCX crude oil prices surged as much as 1.07% to ₹9,564 per barrel. Here's what's behind the rally, along with expert opinions on the near-term outlook.
Oil may surge to $120/bbl if West Asia conflict drags on: Citi’s Drew Pettit
Oil can still rise to $120 a barrel, warns Drew Pettit, Director-US Equity Strategy/ETF Analysis & Strategy Research at Citi, who believes markets are underestimating the risk of a prolonged West Asia crisis. He says oil, not Fed policy, remains the key driver for global equities, inflation and risk assets. Pettit remains bullish on the AI boom, citing strong momentum in Nvidia, semiconductor and infrastructure plays, while favouring Korea and Taiwan over India in emerging markets.
Crude oil prices steady amid renewed US-Iran fears; Brent likely to rise $120/bbl, says Citi
MCX crude oil prices rose nearly 0.70% to ₹10,095 per barrel. Here's what is driving crude oil prices today, along with experts' opinions on the near-term outlook.