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Benchmark indices face headwinds from rising crude prices despite early technical recovery following three consecutive days of losses.
Benchmark indices drop sharply as elevated crude oil prices and sustained foreign institutional selling pressure domestic markets.
Persistent inflation fears linked to Middle East conflict push household economic confidence near historic lows ahead of Federal Reserve rate decisions.
Early currency market losses compound import pressures as Brent crude rallies and domestic equities retreat.
State-run refiner reports a $32.15 per barrel margin while absorbing fluctuating crude feedstocks and steady domestic retail fuel prices.
Central bank tightens monetary policy to tame imported inflation driven by rising crude oil prices and sovereign bond yields.
Central bank action strengthens Indian currency by 22 paise even as elevated energy costs persist.
Foreign institutional outflows and elevated crude oil prices snap a six-session winning run for the Indian currency.
Central bank intervention seeks to shield the domestic unit from elevated crude import costs.