Why stock market is up today? Sensex surges over 800 pts; Nifty above 24,250; 5 factors behind today's rally

 28 Apr 2025 10:48 AM

Indian markets soared, with Sensex surpassing 80,000, fueled by Reliance Industries' strong earnings and positive Asian market cues. FII buying, a weakening dollar, and lower crude oil prices further boosted investor sentiment. Despite India-Pakistan tensions, most sectors traded positively, led by PSU Banks and Oil & Gas. Market capitalization surged significantly, reflecting broad-based gains and optimism.

India-Pak tension, Q4 earnings & FII action among 9 factors that could drive D-Street this week

 27 Apr 2025 09:12 AM

Indian markets face a volatile week, influenced by escalating India-Pakistan tensions and a flurry of Q4FY25 earnings announcements from over 180 companies, including Reliance Industries. FII selling pressure and rupee weakness add to the uncertainty, while global cues from US markets and crude oil prices will also play a crucial role.

InCred hikes Nifty target by 4%; adds Axis Bank, UPL to High-Conviction List

 25 Apr 2025 03:38 PM

Despite earnings downgrades and market volatility, InCred Equities has increased its Nifty target to 24,280, encouraged by lower crude oil prices and expected good rainfall. Axis Bank and UPL are added to their high-conviction stock list. While cautious on Indian equities due to premium valuations and policy uncertainty, they upgraded construction sector to neutral.

UBS drops long-held bearish view on India, downgrades Hong Kong

 24 Apr 2025 07:39 AM

UBS Group AG shifts its stance on Indian equities from bearish to neutral, citing its defensive nature amid global trade uncertainties and potential benefits from lower crude oil prices. This upgrade reflects a growing preference for domestically-oriented shares, while Hong Kong was downgraded due to tariff risks. Indonesia was upgraded to overweight, with India's fundamentals still appearing lackluster.

Oil rises 1% on Iran sanctions, drop in US crude stocks

 23 Apr 2025 07:28 AM

Oil prices saw a rise on Wednesday. This happened because of new Iran sanctions. Also, US crude stocks dropped. Donald Trump's comments on the Federal Reserve also helped. Brent crude futures increased. US West Texas Intermediate crude also went up. The US imposed sanctions on an Iranian network. This network ships Iranian oil. US crude oil inventories decreased last week.

India, Saudi Arabia exploring joint refinery, petrochemical projects, Modi says

 22 Apr 2025 02:30 PM

India and Saudi Arabia are discussing joint refinery and petrochemical projects. They are also studying electricity grid connectivity. Saudi Arabia wants to increase oil exports to India due to China's slowing demand. They might offer crude oil at lower rates. Saudi Aramco is considering investments in Indian refinery projects.

Remember when crude oil prices went below $0 a barrel? 5 years later, prices are sliding again—but for different reasons

 21 Apr 2025 03:42 PM

crude oil prices: Today, while crude prices are far from negative, they are once again on the decline, though for very different reasons. This drop is primarily driven by concerns over a global economic slowdown, ongoing trade tensions, and geopolitical uncertainties.

City gas firms to get pro-rata allocation of expensive "new well gas": Govt

 18 Apr 2025 07:37 PM

The Oil Ministry has announced that city gas distributors will now receive a quarterly allocation of 'new well gas' alongside regular domestic gas to better meet customer demand. This new system replaces the previous auction-based supply. While new well gas is priced higher at 12% of the crude oil price, it remains a cheaper alternative to imported gas.

India's oil and gas production fall in 2024-25

 18 Apr 2025 07:07 PM

India's crude oil and natural gas production experienced declines in 2024-25 due to falling output from mature fields. This decrease has led to a rise in the country's import bill, with India importing 88% of its crude oil and 51% of its gas consumption.

Why stock market is rising today? Sensex surges over 1,300 pts; Nifty hits 23,800; 6 key factors behind today's rally

 17 Apr 2025 01:22 PM

Indian benchmark indices rebounded strongly, fueled by robust buying in financial stocks despite global economic concerns. The surge was driven by positive FII inflows, trade talk optimism, and a weakening dollar. Additionally, U.S. tariff exemptions and stable crude oil prices further bolstered investor sentiment, contributing to the market's upward trajectory.