Trump said there was a "very good chance" the US could reach an agreement with Iran to prevent Tehran from obtaining a nuclear weapon
Sensex Today | Stock Market Highlights, Monday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 0.15 per cent and 1.26 per cent down, respectively
The global oil market is increasingly reflecting second-order effects of the US-Iran conflict, now in its 73rd day, following Iran's effective closure of the Strait of Hormuz on February 28
Sensex Today | Stock Market LIVE Updates Wednesday: The GIFT Nifty was indicating a slight positive open for the Nifty50 amid mixed global cues. Most Asian markets declined in early trade
ICICI Securities said that AI-led disruption in IT services and inflationary pressures from the West Asia war have emerged as key risks for India Inc during Q4FY26 results season
Stock market crash today: Sensex drops 750 pts, Nifty falls below 24,000 intraday as renewed US-Iran tensions, crude oil above $110, weak rupee, and FII selling drag markets on May 5
Equities close in the red but post best monthly gains since Dec 2023
The closure of Strait of Hormuz (SoH), analysts said, is the primary reason for this as oil supplies from this region remain curtailed.
Brent near $114 signals tight supply as inventories plunge. Backwardation, outages, and demand risks amid Iran war may reset crude's floor to $75-80, says Anindya Banerjee of Kotak Securities
Prolonged Strait of Hormuz disruption may keep oil prices higher for longer, says Mohammed Imran of Mirae Asset Sharekhan. He forecasts Brent at $90 in Q4-CY26; risks skew to $120 on supply shock
The crude oil market remains on a knife-edge. Brent's surge above $105 reflects genuine supply risks from Hormuz disruptions.
Emkay Global has cut ratings on OMC stocks as rising crude and windfall tax may hit margins. The brokerage sees up to 60% decline in FY27 earnings for HPCL, BPCL, IOCL
Iran, according to Nomura's estimates, has been the biggest beneficiary since the war broke out in terms oil revenues that rose 36 per cent y-o-y in March 2026 to $5.7 billion
Here's how leading brokerages have interpreted the recent developments in West Asia and their likely impact on stock markets and crude oil prices.
Equity, by its nature, Rashesh Shah, CMD, Edelweiss Financial Services believes, is not a one- or two-year asset class, it represents ownership in businesses that compound over a decade.
ONGC and Oil India shares fell up to 4% as Brent crude dropped below $100 following a US-Iran ceasefire and easing tensions in the Strait of Hormuz.
Iran's warning over a possible Bab al-Mandeb closure has raised concerns over global trade. The strategic strait carries oil and goods between Asia, Europe and West Asia
If crude spikes to $150/bbl for a quarter, we see FY27 (GDP) growth at around 5.7 per cent, CPI inflation breaching 6 per cent and the CAD widening to around 3 per cent of GDP, Morgan Stanley said.
Beyond $90/bbl is when the decline steepens and things worsen as inflation starts eating into savings, impacting spend that gets especially bad for consumer sectors, Bernstein said in a recent note.
The West Asia conflict continues to escalate as the US and Iran exchange warnings and global oil prices surge, with Brent crude rising to $109 a barrel. Here are the top updates at 10 am (IST)