Business

April 8, 2026 6:17 PM

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Global crude oil prices register steep decline 

Global crude oil prices registered a steep decline today following a ceasefire between the United States and Iran, which includes a commitment to restore navigation through the Strait of Hormuz. Brent crude was trading almost 15.1 per cent down at 92 US dollars and 79 cents per barrel, while West Te...

April 8, 2026 5:23 PM

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Sensex, Nifty surged nearly 4% following announcement of ceasefire agreement between Washington and Tehran

Benchmark domestic equity indices surged nearly four per cent today, as oil prices declined following the announcement of a two-week ceasefire agreement between Washington and Tehran. The Sensex skyrocketed 2,946 points to close at 77,563, while Nifty jumped 874 points to settle at 23,997.   In the ...

April 8, 2026 9:57 AM

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Asian Markets Surge as US-Iran Ceasefire Eases Middle East Tensions

Asian stock markets jumped today following the announcement of a two-week ceasefire between the United States and Iran. Oil prices fell sharply following the de-escalation of military tensions in the Middle East and the promised reopening of the Strait of Hormuz. Japan's Nikkei 225 led the rally wit...

April 8, 2026 8:50 AM

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Oil prices fall sharply after US-Iran ceasefire agreement

Global oil prices have fallen sharply and stock markets have jumped after US and Iran agreed to a conditional two-week ceasefire deal. The price of benchmark Brent crude dropped below 100 US dollars, falling by about 15.9 percent to 92.30 US dollars a barrel, while US-traded oil was almost 16.5 perc...

April 7, 2026 6:58 PM

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Sensex gains 510 points to close at 74,617; Nifty rises 155 points to settle at 23,124

Benchmark domestic equity indices climbed around 0.7% after a choppy trading session today, extending their winning streak for a fourth straight session. The Sensex rose 510 points to close at 74,617, while Nifty added 155 points to settle at 23,124. In the broader market on the National Stock Excha...

April 7, 2026 6:30 PM

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Major Asian stock indices display mixed trend today

Major Asian stock indices displayed a mixed trend today. South Korea’s Kospi rose over 0.8%, China's Shanghai Composite index added almost 0.3%, and Japan’s Nikkei 225 index eked out a marginal gain. In contrast, Singapore’s Straits Times index ended 0.3% down. Meanwhile, the market in Hong Kong was...

April 6, 2026 5:44 PM

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Forex update: Indian rupee strengthens by four paise Vs dollar

In the forex market today, the rupee appreciated by four paise to close at 93 rupees and six paise against the US dollar. The dollar index, which indicates the US dollar's strength against a basket of six other leading currencies, was trading at 99.28 in intraday trade.                              ...

April 6, 2026 7:09 PM

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Most Asian stock indices display positive trend today

Most Asian stock indices displayed a positive trend today. South Korea’s Kospi rose nearly 1.4%, Japan’s Nikkei 225 index gained over 0.5%, and Singapore’s Straits Times index added 0.5%. Meanwhile, other markets in the region, including China and Hong Kong, and also in Europe, were closed for a Hol...