stock and oil price

Persistent foreign fund outflows and the rupee sliding to record lows have further dampened sentiment, prompting investors to stay cautious and intensify selling across equity markets.

India must cut reliance on foreign capital & build a strong domestic pool: Uday Kotak

Asian markets showed mixed trading as AI stock momentum waned, oil prices stayed high, and inflation worries persisted. Japan's Nikkei saw a slight gain, while South Korea's Kospi recovered some losses. Concerns over stalled US-Iran talks and hotter US inflation data contributed to investor caution across the region.

GFX Matter (Price comparision)

US stocks retreated on Tuesday as rising oil prices and sticky inflation cooled Wall Street's rally. Technology shares, particularly AI-linked companies, led the decline. Concerns over the Iran conflict and its impact on crude supplies fueled inflation worries, strengthening expectations of prolonged elevated interest rates.

One of the key triggers behind the market decline was renewed uncertainty surrounding the US-Iran conflict. US President Donald Trump said the ceasefire with Iran was “on life support” after Tehran rejected Washington’s latest proposal aimed at ending the conflict. Trump described Iran’s demands as “garbage.”

The Centre has repeatedly asserted that there is no fuel shortage in the country and no plan to introduce rationing of petrol, diesel or LPG despite disruptions in global energy shipments linked to the Iran conflict and the Strait of Hormuz crisis.

Asian markets saw a downturn Friday, with investor enthusiasm for AI stocks waning due to inflation worries, high oil prices, and Middle East tensions. Despite this, Wall Street reached new peaks overnight, buoyed by tech gains and strong corporate earnings. Investors are closely watching US-China trade talks for any significant breakthroughs.

Public sector oil companies are facing daily losses of Rs 1,000 crore, potentially forcing fuel price hikes soon. Minister Hardeep Singh Puri highlighted significant under-recoveries, warning that companies cannot sustain these losses indefinitely. While elections are not the reason for the freeze, a drop in crude prices or reopening of the Strait of Hormuz could offer relief.

Foreign funds net sell 8.4K crore stocks; investors poorer by 6 lakh crore

Selling abates, foreign funds in no rush to buy: Goldman Sachs

Fuel, gold, edible oil, foreign travel, and fertilisers — how much do they cost India, and how much do they matter right now?

Global oil inventories are rapidly depleting due to the Iran war disrupting crude flows from the Persian Gulf, leading to concerns of price spikes and shortages. Asia faces immediate pressure, with some nations potentially experiencing shortages within a month as reserves hit multi-year lows. Strategic reserves are being deployed, but this further weakens the global safety buffer.

Analysts believe that if supply disruptions persist for an extended period, refiners may eventually have to scale back refinery runs or reduce crude processing activity. They say this could partly explain Prime Minister Narendra Modi urging citizens to conserve fuel.

Fuel prices have increased across India. Petrol and diesel rates have gone up by Rs 3 per litre. Opposition parties are criticising the Modi government. They state that elections are over and price recovery has begun. This hike comes amid global energy price surges. India had previously absorbed these pressures. State-owned oil companies are now adjusting prices.

GOI should let the economy adjust to new energy market realities, and raise pump prices. Lower domestic fuel consumption will also mean less dollar demand & help shore up the rupee

Gold price prediction today: Gold and silver prices are rallying in the domestic market due to the sudden hike in import duties. In the coming days they are expected to align closer to the international prices, says Vedika Narvekar, Research Analyst - Commodities & Currencies, Anand Rathi Shares and Stock Brokers.

A distant Middle East conflict is now impacting Indian households, driving up costs for everyday essentials like LPG, cooking oil, and dry fruits. Furniture, electronics, and even paint are becoming pricier due to rising petrochemical and shipping expenses. Air travel and fuel prices are also climbing, with potential for further hikes as oil companies face significant losses.

India assures stable fuel supplies despite global disruptions and rising crude prices. However, unchanged domestic rates are causing significant losses for oil marketing companies, leading to a pressing question about potential price hikes. The government faces a fiscal burden from absorbing price shocks through tax cuts.

Odisha government assures no fuel crisis despite reports of temporary shortages at a few petrol pumps. Officials attribute the issue to operational snags and panic buying, with sales surging by 50% in three days. District-level groups are monitoring supply to ensure uninterrupted availability.