Page 2 - Brent Crude

D-St sees year's longest weekly gain streak on easing oil prices

Benchmark indices extended gains for a third straight week as easing crude oil prices, RBI measures and foreign inflows supported sentiment despite weak PMI data

Market Close: Sensex ekes out gains, settles 109 pts higher; Nifty ends at 24,056; auto outperforms

Sensex Today | Stock Market Highlights, Thursday: In the broader markets, the Nifty MidCap and the Nifty SmallCap settled 0.55 per cent and 0.47 per cent down, respectively

IndiGo up 24% in June; on course to log biggest monthly gain in over 7 yrs

On Thursday, IndiGo stock rallied nearly 5% as crude oil prices dipped below US-Iran war levels. The airline stock logged its biggest monthly rally in March 2019.

Oil prices fall towards pre-war levels as tankers exit Strait of Hormuz

Brent crude futures for August delivery fell 40 cents, or 0.54 per cent, ‌to $73.34 a barrel as of 0004 GMT, while US West Texas Intermediate fell 27 cents, or 0.38 per cent, to $70.07 a barrel

Rupee snaps 6-day winning streak on US dollar demand from importers

Domestic currency weakens against the dollar as importer demand and IPO-linked outflows outweigh support from FCNR, ECB inflows and improving global risk sentiment

Stock Market Close: Sensex jumps over 292 pts, Nifty ends at 24,103; pharma, oil & gas shares shine

Sensex Today | Stock Market Highlights, Monday: In the broader markets, the Nifty MidCap and the Nifty SmallCap settled 0.34 per cent and 0.6 per cent higher, respectively

Oil keeps flowing through Strait of Hormuz despite Iran saying it's shut

Oil tankers continued transiting Hormuz via Oman's coast despite Iran claiming the strait was shut, underscoring conflicting US-Iran narratives

Rupee sheds gains on dollar demand despite lower crude oil prices

The rupee surrendered most of its intraday gains as importer demand for dollars and likely RBI purchases offset support from softer crude oil prices

Market Close: Sensex rises for 4th session, up 347 pts; Nifty ends at 24,086 ahead of FOMC decision

Sensex Today | Stock Market Highlights, Wednesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 0.52 per cent and 0.79 per cent higher, respectively

Stock Market Close: Sensex gains 544 pts, Nifty50 ends at 23,989; realty, consumer durables shine

Sensex Today | Stock Market Highlights, Tuesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 0.41 per cent and 0.42 per cent higher, respectively

OMCs to infra: Analysts pick sectors likely to gain from US-Iran peace deal

Among sectors, Bernstein expects oil marketing companies (OMCs) will likely stand to benefit from reduced crude oil prices that dropped around 4 per cent on Monday to $83 a barrel (bbl)

Oil marketing companies' underrecovery on petrol halves to ₹3 a litre

Fuel retailers see losses ease on petrol and diesel sales after Brent crude declines following US-Iran peace agreement

Can crude oil prices dip to $70 if US, Iran sign peace deal? Analysts said this

As per Fitch Ratings' estimates, Brent crude oil is likely to average $100-110/bbl in May-July, before falling to $80/bbl in August, and to about $70/bbl from September.

'Bear beneath the barrel': Mirae Asset sees weak demand limiting oil rally

The path of least resistance for Brent over the next two quarters appears skewed to the downside, with Brent prices likely drifting below $90/bbl

Stock Market Close: Sensex falls 151 pts, Nifty ends at 23,162 as US-Iran conflict deepens

Sensex Today | Stock Market Highlights, Thursday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 0.81 per cent and 0.67 per cent down, respectively

Stock Market Close: Sensex ends 630 pts off day's high, Nifty ends at 23,215; SMIDs underperform

Sensex Today | Stock Market Highlights, Wednesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 1.49 per cent and 1.33 per cent down, respectively

Rupee gains as oil retreat soothes, inflow expectations erode weak bias

The rupee gained 0.4% against the dollar as lower crude prices and RBI measures to boost foreign-currency inflows eased concerns over India's external balances

Stock Market Close: Sensex gains 395 pts, Nifty ends at 23,242 on Trump's 'peace talks' remark

Sensex Today | Stock Market Highlights, Tuesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 1.35 per cent and 1.69 per cent higher, respectively

Emkay raises FY27 Brent crude forecast to $90/bbl, cuts GDP outlook to 6.3%

Emkay Global has raised FY27 Brent crude oil price forecast to $90 per barrel citing West Asia tensions and inventory depletion. It has cut India's GDP growth outlook to 6.3 per cent

Stock Market Close: Sensex settles flat, Nifty ends at 23,417 ahead of RBI MPC meet outcome

Sensex Today | Stock Market Highlights, Thursday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 0.46 per cent and 0.49 per cent higher, respectively