IT stocks and a firmer rupee powered the rebound, but smaller stocks lagged. Earnings trajectory, broader buying and any relief from expensive oil will determine whether the gains hold.
4 min read06:02 PM ISTRupee rises 20 paise to 94.79 against US dollar in early trade
1 min read10:10 AM ISTOil prices edged lower on Friday morning as investors balanced escalating geopolitical tensions in the Middle East against potential US moves to ease sanctions on the global “shadow fleet” of oil tankers.
2 min read09:01 AM ISTCrude prices above $100 a barrel could squeeze Indian state-run oil marketers’ margins if petrol and diesel prices remain unchanged. HPCL faces the greatest earnings pressure, followed by IOC and BPCL.
2 min read14 Oct 2026Shipping stocks hit record highs as Middle East tensions disrupted key routes, lifted tanker freight rates and increased oil transportation costs. Tanker companies and shipping funds rallied while attacks near the Strait of Hormuz tightened vessel availability and added a premium to crude shipments.
2 min read12 Oct 2026Indian markets fell on Monday, with the Nifty 50 down 0.7% and Sensex down 0.76%, as investors weighed rupee concerns, high crude prices and monsoon risks. Analyst Chandan Taparia recommended PNB Housing Finance and TVS Motor, while technical levels suggest continued pressure on both indices.
3 min read12 Oct 2026Emkay expects Nifty 50 to rise nearly 20% to 27,000 by Sept 2027, supported by reasonable valuations, resilient earnings and strong domestic fundamentals. However, elevated oil prices, global uncertainty, uneven earnings growth pose risks, with index potentially falling to 21,000 in a downside case.
4 min read11 Oct 2026Domestic benchmark indices further declined on October 8 due to the RBI's hawkish rate hike raising financial concerns and rising crude oil prices. Nifty 50 fell 0.76% while BSE Sensex dropped 0.63%. The IT sector rose 1.8% led by Tata Consultancy Services ahead of earnings.
3 min read8 Oct 2026Oil prices edged down on Tuesday as resilient Middle Eastern crude exports and a G7 emergency stockpile release eased supply concerns, though attacks by Yemen's Houthis on Saudi targets kept traders wary of risks to Gulf supplies.
2 min read6 Oct 2026Asian Paints, Kansai Nerolac, and Berger Paints are experiencing downward pressure with year-to-date declines. Elara Securities anticipates signs of recovery, with 12-13% revenue growth, although demand remains subdued ahead of Q2 FY27, driven by dealer inventory and competitive dynamics.
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