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IndiGo, HPCL, other oil sensitive stocks plunge up to 5% as US strikes on Iran lift crude prices
Oil-sensitive Indian stocks tumbled significantly after US airstrikes on Iran. Crude oil prices climbed as sanctions on Iranian sales were reinstated. These events reignited concerns over Middle East stability and potential supply disruptions. Shipping through the Strait of Hormuz remains vulnerable, impacting global energy supply routes. Analysts expect oil inventories to stay under pressure until Gulf supplies resume.
Indian Stocks Open Lower as Higher Oil Prices Weigh on Market Sentiment - Investing.com India
Indian Stocks Open Lower as Higher Oil Prices Weigh on Market SentimentInvesting.com India
Sensex tumbles over 550 points, Nifty falls below 24,250 as Iran-US conflict escalates
Indian stock markets experienced a decline on Wednesday as oil prices surged. Benchmark indices Sensex and Nifty fell significantly due to renewed Iran-US conflict escalations. Broader market indices also slipped into the red, reflecting widespread bearish sentiment. Foreign investors, however, continued their buying trend for a fifth consecutive session. The Indian rupee opened lower against the US dollar amid these developments.
Rupee falls to 95.17 against dollar: Here's what is driving the currency lower
Indian rupee weakens to 95.17 per US dollar amid rising crude oil prices, higher US Treasury yields, and West Asia tensions.
Gold eases as fresh US-Iran tensions lift oil prices, rate-hike bets
Spot gold fell 0.1% to $4,100.32 per ounce by 0107 GMT, after dropping to its lowest since July 2 earlier in the day
Rupee falls 20 paise to open at 95.17 against US dollar amid rise in crude oil prices
Indian rupee fell to 95.17 against the US dollar due to rising crude oil prices and US Treasury yields, amid geopolitical tensions. Despite recent support from foreign portfolio investments, concerns over inflation persist, challenging the rupee's stability.
Sensex, Nifty set for bloodbath? US-Iran flare-up, oil at $76 may rattle Dalal Street - India Today
Sensex, Nifty set for bloodbath? US-Iran flare-up, oil at $76 may rattle Dalal StreetIndia Today
Oil prices jump 2% as US strikes on Iran revive supply disruption fears
Brent crude futures gained $1.38, or 1.9%, to $75.54 a barrel, and US West Texas Intermediate crude climbed to $71.81 a barrel, up $1.37, or 1.9% at 0128 GMT
Indian shares set to open lower as US-Iran tensions lift oil prices - Reuters
Indian shares set to open lower as US-Iran tensions lift oil pricesReuters
Q1FY27 earnings preview: Oil & gas, aviation brace for crude impact
Q1 earnings preview: ICICI Securities said that OMCs could report significant losses, driven by higher retail fuel losses, inventory losses and a sharp rise in LPG under-recovery.
Asia stocks slip as AI valuation fears, higher oil prices weigh on sentiment - Investing.com India
Asia stocks slip as AI valuation fears, higher oil prices weigh on sentimentInvesting.com India
Gold near one-week low, silver extends losses: Key factors behind the fall
Gold and silver prices fell due to a stronger US dollar, rising oil prices, and increased expectations of a September US Federal Reserve rate hike.