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A market that spent months rewarding speed, hype and headline-grabbing listings is now looking oddly fond of income, cash flow and fewer surprises....
Today’s market cheer was not only about Dalal Street. A softer crude oil price gave India’s stocks, rupee and inflation mood some much-needed elbow room. Sometimes the stock market does not need a grand speech. It just needs oil to calm down. On Monday, Indian equities jumped sharply, with the Sensex rising 1.54% to 76,679.37 and the Nifty 50 climbing 1.45% to 23,964. The move was part of a broader global rally after a reported U.S.-Iran peace deal eased worries around the Strait of Hormuz, one of the world’s most important oil-shipping routes. And here is the petrol-pump connection. Brent crude fell nearly 4.7% to around $83 a barrel. For India, that is not a small detail sitting in some trader’s screen. India imports a large share of its crude oil, so every sharp move in global oil prices can quietly touch fuel bills, airline costs, transport charges, company profits ...
.webp)
Today’s market cheer was not only about Dalal Street. A softer crude oil price gave India’s stocks, rupee and inflation mood some much-needed elbow room. Sometimes the stock market does not need a grand speech. It just needs oil to calm down. On Monday, Indian equities jumped sharply, with the ...
.webp)
Today’s market cheer was not only about Dalal Street. A softer crude oil price gave India’s stocks, rupee and inflation mood some much-needed elbow room. Sometimes the stock market does not need a grand speech. It just needs oil to calm down. On Monday, Indian equities jumped sharply, with the ...
.WEBP)
Today’s market cheer was not only about Dalal Street. A softer crude oil price gave India’s stocks, rupee and inflation mood some much-needed elbow room. Sometimes the stock market does not need a grand speech. It just needs oil to calm down. On Monday, Indian equities jumped sharply, with the ...
.webp)
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