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The Sensex rose 905 points, or 1.24%, to 74,151.04 and the Nifty gained 1.05% to 22,936.75 on Thursday, ending a two-day fall. The Fed's hold, lower crude on talk of diplomacy in West Asia, foreign buying and hopes of a cut in long-term capital gains tax lifted the market. Realty and PSU banks led.
Amita Sahani4 min
The World Bank forecasts commodity prices to rise 23% in 2026, led by a 32% jump in energy, with Brent averaging $91 a barrel. Metals are up 25% to record highs, fertiliser 14% and food about 10%. Prices are forecast to fall 7% in 2027, but escalation could push them higher.
Reyaansh Agarawal4 min
The Sensex fell 352.64 points, or 0.48%, to 73,246.03 and the Nifty lost 50.90 points to 22,698.85 on Wednesday as Brent crude rose above $115 after a refinery attack in Saudi Arabia and IT and oil stocks fell about 2%. L&T gained 3.7% after its results. The rupee closed at 95.23 to the dollar.
Amita Sahani4 min
The rupee fell 5 paise to 94.98 against the dollar in early trade on Monday, after closing at 94.93 on Friday. It is the third straight day of losses. High crude, West Asia tension and foreign selling are cited; reserves are reported to have fallen to $721.016 billion.
Reyaansh Agarawal4 min
The Sensex closed 482.92 points higher at 73,606.75 and the Nifty gained 153.20 points to 22,753.20 on Monday, ending a four-day losing streak. Both dipped in the morning, the Sensex by about 609 points at one stage, before value buying and gains in metals, telecom and healthcare.
Prateek Rawat4 min
Brent crude settled at $116.72 a barrel on Friday, its highest close since 29 April and the third weekly gain in a row. The rally rests on expectations of a US and Israeli strike on Iran after the US midterms and Houthi attacks on Saudi targets, not on a confirmed loss of supply.
Prateek Rawat4 min
Foreign portfolio investors have withdrawn Rs 48,056 crore from Indian equities in October so far, after Rs 35,861 crore in September. Elevated crude oil prices, Middle East tensions, inflation worries and weak earnings are cited, along with the Jio IPO soaking up liquidity.
Amita Sahani4 min
A drone aimed at Saudi Aramco's Shaybah plant was intercepted on Wednesday, but falling debris killed two people. Hours later an attack at Dammam airport killed one and injured eight. Brent rose to about $110 and the US ordered non-emergency staff and their families to leave Saudi Arabia.
Reyaansh Agarawal4 min
Indian shares fell on Thursday as crude oil climbed to about $112 after a drone strike near a Saudi oilfield. The Sensex lost 460 points and the Nifty 124, and 13 of 16 sectoral indices ended lower. eMudhra fell 20% and Nestle India dropped on food safety notices.
Prateek Rawat4 min