For OMCs, analysts suggest the fall in stock prices reflects, to some extent, the pain on account of higher crude oil prices that surged past the $100 a barrel (bbl) mark
The Sensex rose 568 points, or 0.75 per cent, to close at 76,071, while the Nifty 50 gained 172 points, or 0.74 per cent, to settle at 23,581
Sensex Today | Stock Market Highlights Tuesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap indices ended 1.07 per cent and 0.78 per cent higher, respectively
Brent futures jumped $2.74, or 2.7 per cent, to $102.95 a barrel by 0357 GMT, while US West Texas Intermediate crude gained $2.45, or 2.6 per cent, to $95.95
The research and broking house sees up to 10 - 15 per cent risk to consensus earnings estimates for FY27F in case oil prices remain at elevated levels.
Sensex Today | Stock Market Highlights, Monday: Broader markets underperformed. The Nifty MidCap and the Nifty SmallCap indices ended 0.43 per cent and 0.65 per cent down, respectively
Sensex Today | Stock Market Highlights Friday: In the broader markets, the Nifty MidCap and the Nifty SmallCap indices ended 2.62 per cent and 2.52 per cent down, respectively
Avoid panic selling, keep SIPs going: Past wars caused transitory selloffs
Oil prices surged above $100 a barrel after tanker attacks near the Strait of Hormuz raised supply concerns; here are the top updates at 9 am (IST)
The global benchmark soared as much as 10.5 per cent to $101.59 a barrel, while West Texas Intermediate surged near $96
Sensex Today | Stock Market Highlights, Wednesday: Broader markets fell in line with the benchmark indices
Oil prices could rise to $150 per barrel as a massive Gulf supply disruption forces demand destruction, with $200 possible if the conflict persists, says Wood Mackenzie
Brent crude briefly surged to $120 a barrel amid supply disruptions in West Asia. Analysts warn that the Iran war could reshape oil price trajectories and pose fresh risks to India's energy security
Sensex Today | Stock Market Highlights, Tuesday: The Nifty MidCap and the Nifty SmallCap indices were trading 1.62 per cent and 2.12 per cent higher, respectively.
Leading market experts decode Monday's stock market crash, crude oil's sharp spike and the investment strategy that one can adopt in this backdrop.
If global crude averages $110-115 per barrel in FY27, India's net oil imports could rise by $56-64 billion annually, worsening the current account deficit and fuelling inflation
On March 9, the combined market cap of all BSE-listed companies had fallen by ₹12.78 trillion, sliding to ₹436.89 trillion from the previous session's close of ₹449.68 trillion
Some barrels from US are fetching their biggest premium since 2020, and value of major Norwegian grade, which moves almost lockstep with Brent, has gained more than $5 on the benchmark this week
The Strait of Hormuz is currently closed to shipping, choking off 20 per cent of global oil and gas supply
The rupee slid to a new low of 92.30 per dollar as tensions in West Asia drove crude higher, before recovering after RBI sold dollars and bought bonds to curb volatility