News for 'Oil Surges'

Inflation data, US Fed decision, crude oil to be key drivers for stock markets

Inflation data, US Fed decision, crude oil to be key drivers for stock markets

Rediff.com14 Jun 2026

Analysts predict that inflation data, the US Federal Reserve's interest rate decision, and crude oil price trends will be the primary factors influencing the movement of Indian stock markets. Geopolitical developments, particularly the US-Iran deal, and foreign investor activity will also play a crucial role.

India's Exports Jump 19.6% in July, Trade Deficit Widens to $31.98 Billion

India's Exports Jump 19.6% in July, Trade Deficit Widens to $31.98 Billion

Rediff.com13 Aug 2026

India's merchandise exports increased by 19.63 per cent to USD 44.24 billion in July, primarily driven by petroleum products, while a significant rise in imports pushed the trade deficit to a six-month high of USD 31.98 billion.

Markets rally for 3rd day on US-Iran peace deal, crude oil softens

Markets rally for 3rd day on US-Iran peace deal, crude oil softens

Rediff.com16 Jun 2026

Indian benchmark stock indices, Sensex and Nifty, extended their winning streak for a third consecutive day, driven by positive global market trends and a significant softening of crude oil prices following a peace deal between the US and Iran.

Stock markets today: Sensex, Nifty climb as global markets rally, crude oil prices cool

Stock markets today: Sensex, Nifty climb as global markets rally, crude oil prices cool

Rediff.com16 Jun 2026

Indian benchmark indices Sensex and Nifty rallied in early trade, driven by a positive trend in global markets, cooling crude oil prices following a US-Iran peace deal, and fresh foreign fund inflows.

India's Exports Surge 18% in May, Trade Deficit Expands to $28.21 Billion

India's Exports Surge 18% in May, Trade Deficit Expands to $28.21 Billion

Rediff.com15 Jun 2026

India's exports reached a six-month high, growing by 18 per cent to USD 45.2 billion in May, driven by electronic goods, petroleum products, engineering items, and pharmaceuticals. However, the trade deficit widened to USD 28.21 billion due to a 10 per cent rise in imports, particularly petroleum products and gold, amidst surging crude oil prices.

West Asia Crisis May Hit FY27 Fiscal Deficit

West Asia Crisis May Hit FY27 Fiscal Deficit

Rediff.com18 Aug 2026

The fiscal consolidation path and Rs 1 trillion stabilisation fund provide room to absorb mild shocks, but sustained oil-price increases pose risks.

Markets Snap Losing Streak, Sensex Jumps 628 Points

Markets Snap Losing Streak, Sensex Jumps 628 Points

Rediff.com20 Aug 2026

Indian benchmark equity indices, the Sensex and Nifty, bounced back significantly, with the Sensex climbing 628 points and the Nifty snapping its seven-day losing streak, driven by easing global bond yields and fresh foreign fund inflows.

Indian Equities Rebound as Oil Prices Soften, Global Cues Turn Positive

Indian Equities Rebound as Oil Prices Soften, Global Cues Turn Positive

Rediff.com22 Jun 2026

Indian stock markets, including the Sensex and Nifty, rebounded significantly, driven by a decline in crude oil prices and positive global cues stemming from hopes of diplomatic progress in US-Iran negotiations.

Accel's 11-Year Bet on RentoMojo Pays Off with Strong IPO Debut

Accel's 11-Year Bet on RentoMojo Pays Off with Strong IPO Debut

Rediff.com21 Sep 2026

Accel's early investment in RentoMojo, a furniture and appliance rental platform, has paid off handsomely with the company's strong debut on the stock exchanges, listing nearly 19 per cent above its issue price after a significantly oversubscribed IPO.

Petrol, Diesel Prices Hiked by Rs 3/Litre Amid Surging Crude Costs

Petrol, Diesel Prices Hiked by Rs 3/Litre Amid Surging Crude Costs

Rediff.com15 May 2026

Petrol and diesel prices have been increased by Rs 3 per litre each, marking the first hike in over four years, as state-run fuel retailers pass on some of the impact from surging global crude prices, which have been exacerbated by the Iran war.

Sensex Jumps 790 Points as Crude Oil Prices Soften, Banks and IT Lead Rally

Sensex Jumps 790 Points as Crude Oil Prices Soften, Banks and IT Lead Rally

Rediff.com24 Jun 2026

Indian benchmark equity indices, Sensex and Nifty, rebounded nearly 1 per cent, with the Sensex jumping 790.54 points to 76,991.22, driven by softening crude oil prices and strong buying in banking, financial, and IT shares.

Stock Markets End in Green Buoyed by Falling Oil Prices and Positive Global Cues

Stock Markets End in Green Buoyed by Falling Oil Prices and Positive Global Cues

Rediff.com25 Jun 2026

Indian benchmark stock indices, Sensex and Nifty, advanced for the second consecutive day, driven by softening crude oil prices and a positive trend in global markets. Despite some profit-taking in IT and metal shares, auto stocks outperformed, contributing to the overall gains.

ONGC's Q1 net profit more than doubles to 17,034 crore on strong crude prices

ONGC's Q1 net profit more than doubles to 17,034 crore on strong crude prices

Rediff.com5 Aug 2026

State-run Oil and Natural Gas Corporation (ONGC) Ltd reported a 112 per cent year-on-year increase in standalone net profit for Q1 FY27, reaching 17,034 crore, primarily due to higher crude oil prices and increased realisations from new well gas. Despite a consolidated net profit decline due to HPCL's losses, ONGC's core upstream business showed robust growth.

'Iran ready for ceasefire talks but....', says Trump as oil prices surge

'Iran ready for ceasefire talks but....', says Trump as oil prices surge

Rediff.com15 Mar 2026

Trump said he is unwilling to make a deal with Tehran at this stage despite indications the country wants negotiations.

Sensex Gains 776 Points as Crude Price Drop

Sensex Gains 776 Points as Crude Price Drop

Rediff.com27 Jul 2026

Indian stock markets ended a five-day losing streak, with the Sensex surging 776 points and the Nifty gaining 228 points, driven by a significant drop in crude oil prices and easing geopolitical tensions in West Asia.

Indian Markets Today: Sensex, Nifty Decline as Crude Hits $91

Indian Markets Today: Sensex, Nifty Decline as Crude Hits $91

Rediff.com18 Aug 2026

Indian benchmark indices Sensex and Nifty experienced declines in early trade, driven by a surge in Brent crude oil prices above USD 91 per barrel due to escalating tensions between Iran and the US, alongside an increase in US 10-year bond yields. Track Sensex, Nifty on August 18.

Stock markets today: Sensex, Nifty rise on low oil price

Stock markets today: Sensex, Nifty rise on low oil price

Rediff.com29 May 2026

Indian benchmark indices Sensex and Nifty climbed in early trade, driven by a significant drop in crude oil prices following reports of a potential 60-day ceasefire extension between the US and Iran, coupled with positive global market trends and buying in IT stocks.

Stock markets today: Sensex, Nifty slump on fresh West Asia tensions, oil price

Stock markets today: Sensex, Nifty slump on fresh West Asia tensions, oil price

Rediff.com18 May 2026

Indian benchmark indices Sensex and Nifty experienced a significant slump in early trade, mirroring weak global trends, as escalating tensions in West Asia, particularly a drone attack on the UAE's Barakah nuclear facility, pushed crude oil prices higher. Track Sensex, Nifty50 movement and key market drivers for May 18, 2026.

Stock Markets Today: Sensex, Nifty Jump on Gains in Asian Markets

Stock Markets Today: Sensex, Nifty Jump on Gains in Asian Markets

Rediff.com4 Sep 2026

Indian equity benchmark indices Sensex and Nifty rebounded sharply in early trade, with the Sensex jumping over 530 points, tracking a broad-based rally in Asian markets after four consecutive days of decline.

India broadens crude sourcing to Latin America, Venezuela becomes key supplier

India broadens crude sourcing to Latin America, Venezuela becomes key supplier

Rediff.com20 Aug 2026

India is significantly expanding its crude oil sourcing to Latin America, with Venezuela emerging as a major supplier, as geopolitical disruptions in the Middle East and the Strait of Hormuz compel the world's third-largest oil consumer to diversify its energy supplies.

Stock markets today: Sensex, Nifty surge as Brent crude drops below $73

Stock markets today: Sensex, Nifty surge as Brent crude drops below $73

Rediff.com25 Jun 2026

Indian benchmark indices Sensex and Nifty rallied in early trade, driven by a significant decline in Brent crude oil prices, which fell below the USD 73 per barrel level, and positive trends observed across most Asian equities.

RBI: US-Iran Deal Shifts Risk Balance Favourably, But Oil Price Spikes Could Raise FX Volatility

RBI: US-Iran Deal Shifts Risk Balance Favourably, But Oil Price Spikes Could Raise FX Volatility

Rediff.com1 Jul 2026

The Reserve Bank of India's Financial Stability Report indicates that the interim peace deal between the US and Iran has favourably shifted the balance of risks, reducing headwinds from the West Asia conflict. However, it cautions that exchange rate volatility could increase if crude oil prices spike due to delayed normalisation of supply chain disruptions.

Stock Markets Today: Sensex, Nifty50 Surge in Early Trade, Maruti Jumps 4%

Stock Markets Today: Sensex, Nifty50 Surge in Early Trade, Maruti Jumps 4%

Rediff.com4 May 2026

Indian markets on Dalal Street rallied sharply as easing tensions in the US-Iran conflict and stable oil prices boosted sentiment. Track Nifty 50 and BSE Sensex performance and key global triggers.

Two red cards, 2 late goals: NEROCA beat Raengdai in Durand Cup

Two red cards, 2 late goals: NEROCA beat Raengdai in Durand Cup

Rediff.com12 Aug 2026

NEROCA FC defeated nine-man FC Raengdai 3-1 in the IndianOil Durand Cup, coming from behind with late goals after Raengdai had two players sent off. This win concluded NEROCA's Group D campaign, while Raengdai, despite the loss, had already qualified for the quarterfinals.

Rs 1 Trillion Club Swells

Rs 1 Trillion Club Swells

Rediff.com2 Sep 2026

Newly listed companies Vedanta Aluminium Metal, SBI Funds Management and Manipal Health Enterprises have entered the Rs 1 trillion mcap list since March 2026.

Airfares May Rise as Jet Fuel Price Surge

Airfares May Rise as Jet Fuel Price Surge

Rediff.com1 Apr 2026

Aviation Turbine Fuel (ATF) prices have more than doubled to a record high, impacting airlines and consumers, while commercial LPG rates also see a significant increase.

Stock Markets Today: Sensex, Nifty Dip as Strait of Hormuz Tensions Keep Crude Prices High

Stock Markets Today: Sensex, Nifty Dip as Strait of Hormuz Tensions Keep Crude Prices High

Rediff.com13 Aug 2026

Indian benchmark indices Sensex and Nifty saw declines in early trade, primarily due to elevated crude oil prices stemming from the unresolved geopolitical situation in the Strait of Hormuz. Analysts suggest that while global sentiment improved slightly after a benign US inflation report, the ongoing US-Iran standoff continues to exert pressure on domestic equities. Track Sensex, Nifty on August 13.

US weighs easing Iran oil sanctions to curb global price surge

US weighs easing Iran oil sanctions to curb global price surge

Rediff.com19 Mar 2026

Bessent indicated that the U.S. is evaluating the status of Iranian oil as the current campaign progresses.

Stock Markets Today: Sensex, Nifty Rise on Bajaj Finance Q1 result

Stock Markets Today: Sensex, Nifty Rise on Bajaj Finance Q1 result

Rediff.com31 Jul 2026

Indian benchmark indices, Sensex and Nifty, opened higher on Friday, primarily driven by a significant surge in Bajaj Finance shares following its strong Q1 FY27 earnings report, coupled with continued foreign fund inflows and a dip in crude oil prices. Track Sensex, Nifty on July 31.

Stock Markets Today: Sensex, Nifty Down on High Crude Prices

Stock Markets Today: Sensex, Nifty Down on High Crude Prices

Rediff.com12 Aug 2026

Indian benchmark equity indices, Sensex and Nifty, experienced declines in early trade due to a surge in Brent crude oil prices, which rose above USD 90 per barrel, coupled with subdued global cues and ongoing US-Iran skirmishes. Track Sensex, Nifty on Auigust 12.

Sensex, Nifty Tumble as Middle East Conflict Fuels Oil Price Surge

Sensex, Nifty Tumble as Middle East Conflict Fuels Oil Price Surge

Rediff.com23 Mar 2026

Indian benchmark indices Sensex and Nifty experienced a sharp decline in early trading due to escalating tensions in the Middle East, driving crude oil prices higher. Global market bearishness and foreign fund outflows further contributed to investor unease.

RBI's Rate Decision, West Asia Tensions to Drive Indian Market Sentiment

RBI's Rate Decision, West Asia Tensions to Drive Indian Market Sentiment

Rediff.com2 Aug 2026

Analysts predict that the Reserve Bank of India's interest rate decision, the evolving situation in West Asia involving the US-Iran conflict, and crude oil prices will be the primary factors influencing investor sentiment in the Indian stock market this week.

Equity MF Inflows Fall 15% In July

Equity MF Inflows Fall 15% In July

Rediff.com12 Aug 2026

Net inflows into smallcap funds surged 39 per cent M-o-M to a record Rs 7,768 crore, while midcap fund inflows rose marginally to Rs 6,192 crore.

Stock markets rally as US-Iran talks progress, crude oil prices tumble

Stock markets rally as US-Iran talks progress, crude oil prices tumble

Rediff.com6 May 2026

Indian benchmark indices, Sensex and Nifty, rallied significantly following a sharp decline in crude oil prices. This decline was triggered by US President Donald Trump's announcement of progress in negotiations with Iran towards a peace agreement, which led to renewed optimism in global markets.

Foreign Investors Pour Rs 23,544 Crore into Indian Equities in August

Foreign Investors Pour Rs 23,544 Crore into Indian Equities in August

Rediff.com23 Aug 2026

Foreign Portfolio Investors (FPIs) have significantly increased their investment in Indian equities, infusing Rs 23,544 crore in August, driven by improving quarterly earnings, a stable rupee, and positive market prospects.

The High Cost Of Defending The Rupee

The High Cost Of Defending The Rupee

Rediff.com10 Sep 2026

The FCNR (B) stratagem relies on using public money to defend the rupee. The State subsidises foreign borrowing to attract dollars. This tool requires large-scale borrowing to make a material difference against a gross external flow of $11 billion a day. A commensurately large fiscal cost falls upon the exchequer. The ministry of finance will choose how much it is willing to spend in exchange for this round number, points out Ajay Shah.

Stock Markets Today: Sensex, Nifty50 Surge as US-Iran Tensions Ease

Stock Markets Today: Sensex, Nifty50 Surge as US-Iran Tensions Ease

Rediff.com8 Apr 2026

Indian markets on Dalal Street rallied sharply as easing tensions in the US-Iran conflict and stable oil prices boosted sentiment. Track Nifty 50 and BSE Sensex performance and key global triggers.

Market Cap of Five Top Firms Erodes by Rs 1 Lakh Crore; TCS Takes Biggest Hit

Market Cap of Five Top Firms Erodes by Rs 1 Lakh Crore; TCS Takes Biggest Hit

Rediff.com16 Aug 2026

The combined market valuation of five of India's top-10 most valued firms eroded by Rs 1 lakh crore last week, with IT giant Tata Consultancy Services (TCS) experiencing the largest decline amidst a bearish trend in domestic equities.

Market Cap of Four Top Firms Erodes by Rs 87,960 Crore; Airtel Takes Biggest Hit

Market Cap of Four Top Firms Erodes by Rs 87,960 Crore; Airtel Takes Biggest Hit

Rediff.com23 Aug 2026

The combined market valuation of four of India's top-10 most valued firms eroded by Rs 87,960.29 crore last week, with Bharti Airtel experiencing the largest decline, amidst a bearish trend in the equities market.

Aviation Stocks Soar on US-Iran Ceasefire, Oil Price Plunge

Aviation Stocks Soar on US-Iran Ceasefire, Oil Price Plunge

Rediff.com8 Apr 2026

Aviation stocks experienced a significant surge following the announcement of a two-week ceasefire between the US and Iran, which led to a sharp decline in crude oil prices. This development has positively impacted stock markets and the broader economic outlook for India.