Mumbai: The Indian equity benchmarks posted notable losses after two consecutive weeks of gains, over elevated crude and persistent global uncertainty. Nifty declined 0.83 per cent during the week and shed 0.12 per cent on the last trading day to reach 24,366. At close, Sensex was down 70 points, or 0.09 per cent, at 78,009..
Global crude oil prices climbed above the $100-per-barrel mark as rising tensions in the Gulf and attacks on Saudi tankers in the Red Sea triggered fresh concerns over energy supply disruptions.
Mumbai: Domestic equity benchmarks opened lower on Thursday amid weak global cues and rising geopolitical tensions in West Asia. Sensex opened at 76,515.10, down 239.95 points or 0.31 per cent, while Nifty started the session at 23,904.80, slipping 91.45 points or 0.38 per cent. Oil & Gas, Pharma Among Worst-Hit Sectors Sector-wise, Nifty Oil &.
Domestic stock markets opened lower on Monday as rising crude oil prices and global uncertainty weighed on investor sentiment. Sensex dropped over 500 points in early trade.
Mumbai: Domestic equity benchmark indices opened lower on Tuesday, tracking weak global markets after a sharp rebound in crude oil prices to the $85-a-barrel mark amid escalating tensions in the Middle East. Sensex opened 344.06 points or 0.44 per cent lower at 77,272.34, while Nifty fell over 100 points or 0.59 per cent to 24,068.00.
New Delhi: A decline in global crude oil prices does not automatically translate into an immediate reduction in petrol and diesel prices in India, Minister of State for Petroleum & Natural Gas and Tourism Suresh Gopi said on Thursday. Multiple Factors Determine Fuel Prices Gopi told reporters that several factors influence domestic fuel pricing, including.
India is expected to remain resilient despite elevated energy prices driven by the West Asia conflict, supported by strong economic fundamentals, structural reforms and healthy domestic demand. While a sustained energy shock could increase cost pressures across sectors and weigh on economic activity, India’s growth outlook remains comparatively strong. Although crude oil prices have moderated.
India’s fuel story is entering a new chapter. After successfully introducing E20 petrol across the country, the government is now preparing for even higher ethanol blends. The aim is simple — reduce dependence on imported crude oil, support Indian farmers and strengthen the country’s energy security. The government has recently exempted ethanol blends between 22.
Union Minister of State for Petroleum and Natural Gas Suresh Gopi said on Sunday that any decision on revising the prices of petrol, diesel and LPG in the domestic market would depend on the availability and stability of crude oil supplies in the global market.
