Benchmark Sensex climbed 446 points on Thursday, extending gains for the second consecutive day on buying in oil & gas and select financial shares and fresh foreign fund inflows.Photograph: ANI PhotoThe 30-share BSE Sensex jumped 446.21 points or 0.52 per cent to settle at 85,632.68.During the day, it surged 615.23 points or 0.72 per cent to hit a 52-week high of 85,801.70.The 50-share NSE Nifty also hit its 52-week high of 26,246.65 during the day before closing at 26,192.15, reflecting gains of 139.50 poi ...

Market Performance - Equity benchmark indices Sensex and Nifty were trading higher, with Sensex reaching a 52-week high of 85,470.96 and Nifty hitting 26,136, also a 52-week peak [1] - The Sensex increased by 513.45 points or 0.61% to settle at 85,186.47, while Nifty climbed 142.60 points or 0.55% to 26,052.65 [5] Sector and Stock Movement - Gainers among Sensex firms included Adani Ports, Reliance Industries, Tata Motors Passenger Vehicles, Axis Bank, Mahindra & Mahindra, and Power Grid [2] - Lagging stocks included HCL Tech, Tech Mahindra, ICICI Bank, and Maruti [2] Global Market Influence - U.S. markets ended positively, with significant gains in technology shares following Nvidia's strong earnings guidance, which boosted optimism in AI and semiconductor sectors [4] - Asian markets also showed positive trends, with South Korea's Kospi and Japan's Nikkei 225 index trading over 3% higher [2] Foreign Investment Activity - Foreign institutional investors (FIIs) purchased equities worth ₹1,580.72 crore, while domestic institutional investors (DIIs) bought stocks worth ₹1,360.27 crore [5]

LIVE S&P 500 Set to Open Up as Market Braces for Nvidia Earnings Last Updated: 39 min ago Oil Falls as Weaker Demand Signals Amplify Oversupply Fears By Giulia Petroni, Dow Jones Newswires Brent crude and WTI were both down 1% to $64.28 and $60.09 a barrel, respectively. "Despite some Asian buyers pausing Russian purchases and stronger European diesel markets, broader fundamentals remain bearish," Soojin Kim from MUFG said. Topics Memberships Subscribe to Barron's Tools Customer Service Customer Center Netw ...

Snapping the six-day winning streak, benchmark Sensex dropped by nearly 278 points and the Nifty closed below the 26,000-mark due to profit-taking in IT, metal and capital goods shares amid a weak trend in global markets.Photograph: Francis Mascarenhas/ReutersThe 30-share BSE Sensex declined by 277.93 points or 0.33 per cent to settle at 84,673.02.During the day, it dropped 392.59 points or 0.46 per cent to 84,558.36.The 50-share NSE Nifty dipped 103.40 points or 0.40 per cent to 25,910.05. Among Sensex fir ...

Core Insights - Oil prices are experiencing a decline due to concerns over a potential supply surplus and ongoing scrutiny of Russian oil flows [1][2] Group 1: Oil Market Dynamics - Brent crude oil prices decreased by 0.4% to $63.91 per barrel, while WTI crude oil prices fell by 0.5% to $59.57 per barrel [1] - Analyst Nadir Belbarka noted that oil prices are influenced by geopolitical instability and structural supply expansion [2]

LIVE Nasdaq Futures Jump as Investors Buy the AI Dip Last Updated: Brent crude and WTI were both flat at $64.39 and $59.98 a barrel, respectively, after rallying at the end of last week. "Brent crude oil prices continue to fluctuate in a $60-$70 a barrel range, with the market focus shifting to how Russian oil exports will evolve over the coming months," Giovanni Staunovo from UBS said. Topics Memberships Subscribe to Barron's 1 hour ago Oil Steady With Focus on Russian Supply By Giulia Petroni, Dow Jones N ...

The S&P BSE Sensex closed up 388 points, or 0.46%, at 84,950.95. The NSE Nifty 50 added 103.40 points, or 0.4%, to finish at 26,013.45, marking its return above the 26,000 level.On the 30-stock Sensex, shares of Eternal, Financial stocks gained 0.6% and were the strongest drivers of the benchmarks, helped by the Reserve Bank of India’s support measures for export-focused industries facing U.S. tariff pressures.In the broader market, small-caps added 0.5%, while mid-caps climbed 0.7% to notch a fresh record ...

Oil prices have reportedly jumped by around 2% after a Ukrainian attack on Russia’s Novorossiysk port disrupted oil shipments, triggering supply concerns. The price of Brent crude increased by $1.50 (2.4%) to $64.51 per barrel (bbl) and US West Texas Intermediate climbed $1.57 (2.7%) to $60.26/bbl, according to Reuters. Reuters noted that industry sources reported that Novorossiysk handled 3.22 million tonnes (mt) of crude oil (761,000 barrels per day) in October, as well as 1.79mt of oil products. Earl ...

Market Overview - Stock markets experienced a three-day rally that fizzled out, with benchmark indices Sensex and Nifty ending flat amid choppy trading on November 13, 2025 [1] - The BSE Sensex closed with a slight gain of 12.16 points, or 0.01%, at 84,478.67, while the NSE Nifty rose by 3.35 points, or 0.01%, to 25,879.15 [1][2] Sector Performance - Among the gainers in the Sensex pack were Asian Paints, ICICI Bank, PowerGrid, Larsen & Toubro, Bajaj Finserv, Bharti Airtel, Sun Pharmaceuticals, Maruti Suzuki India, Axis Bank, UltraTech Cement, and HCL Technologies [2] - Conversely, laggards included Tata Motors' commercial vehicles arm, Mahindra & Mahindra, Tata Steel, Bharat Electronics Ltd, Tata Motors Passenger Vehicles, Trent, Tata Consultancy Services, Hindustan Unilever, and Infosys [3] Economic Indicators - The market sentiment was positively influenced by the signing of a short-term funding bill by Trump to end the U.S. government shutdown and hopes for tariff relief for India [4] - Record-low October inflation figures reinforced expectations of an interest rate cut by the Reserve Bank of India (RBI), making rate-sensitive sectors like metals and realty attractive to investors [5] Foreign Investment Trends - Foreign institutional investors were net sellers for the third consecutive day, offloading equities worth ₹1,750.03 crore, while domestic institutional investors purchased stocks worth ₹5,127.12 crore [7] - The previous day, the BSE Sensex had rallied by 595.19 points, closing at 84,466.51, and the NSE Nifty climbed 180.85 points to close at 25,875.80 [7]

Summary of Key Points from the Conference Call Industry Overview - The conference call focuses on the **oil market**, specifically discussing the dynamics of crude oil and diesel prices, supply-demand balances, and inventory levels. Core Insights and Arguments 1. **Diesel Tightness and Crude Support**: Severe diesel tightness, driven by low inventories, refinery closures, and sanctions on Russian refineries, is supporting crude prices. This tightness is reflected in both flat prices and market structure [7][24][26]. 2. **Decline in Russian Crude Offtake**: There has been a recent decline in the offtake of Russian-origin crude, shifting demand to other crudes, including Brent-linked grades [7]. 3. **Global Inventory Trends**: Global inventories have built up by approximately **2.4 million barrels per day (mb/d)** over the last three months, which is expected to continue into the first half of 2026. This could lead to a contango market structure and Brent prices stabilizing around **$60 per barrel** [7][21]. 4. **Demand Growth Projections**: Demand growth is projected to reach **0.85 mb/d in 2025** and **0.90 mb/d in 2026**, which is below the historical trend of **~1.2 mb/d** but an improvement from earlier forecasts [7]. 5. **Non-OPEC Supply Growth**: Non-OPEC supply is expected to grow by **1.2 mb/d** in 2025, primarily driven by countries like Canada, Brazil, Guyana, Argentina, and the US. However, growth is anticipated to slow significantly in 2026 [7]. 6. **OPEC Production Cuts**: OPEC has unwound **2.6 mb/d** of production cuts since March, but actual production has only increased by **0.84 mb/d**, indicating diminishing spare capacity within the group [7]. 7. **Surplus and Rebalancing**: A large surplus is expected in the near term, reaching **~3 mb/d in 1H26**, but signs of rebalancing may emerge by the second half of 2027, potentially supporting Brent prices to **~$65 per barrel** [7][17]. Additional Important Insights 1. **Refinery Closures Impact**: Key refinery closures in regions like Grangemouth and Wesseling have contributed to the diesel tightness, alongside low inventories in critical areas such as the US and ARA region [26]. 2. **Geopolitical Factors**: Sanctions and attacks on Russian refineries have led to lower supplies from Russia, further tightening the market [26][29]. 3. **Market Structure Changes**: The forward curve is likely to move into contango, making oil storage economically attractive, with spot prices needing to remain around **$60** [21][40]. 4. **Price Dynamics**: The correlation between oil prices and interest rates has trended lower, and oil is considered relatively cheap in currencies like the Mexican peso and Brazilian real due to dollar weakness [68][64]. This summary encapsulates the critical points discussed in the conference call, providing a comprehensive overview of the current state and future outlook of the oil market.