GIFT Nifty tanks 800 points as oil crosses $100 on Iran war, roils global markets

Based on the GIFT Nifty implied open, the Nifty 50 index is likely to begin trade around the 23,776 mark.

Based on the GIFT Nifty implied open, the Nifty 50 index is likely to begin trade around the 23,776 mark.

The Nifty 50, which was already down close to 150 points for most of Friday’s trading session, ended 315 points lower at 25,450, taking the drop during the four-day week to over 700 points and wiping out investor wealth worth…
Raman Jauhar, MD & Head of Equities at Axis Capital, says crude price spikes typically cause short-term volatility, but markets have historically recovered if prices remain contained. He remains constructive on Indian equities, highlighting private banks, autos and real estate…

UltraTech Cement appointed Jayant Dua as Managing Director (Designate) from April 1, 2026. He will succeed K. C. Jhanwar on January 1, 2027. Shares fell 1.82% to ₹12,064.

At the upper price band, Rajputana Stainless intends to raise ₹255 crore, which includes a fresh issue of shares worth ₹179 crore, along with an Offer for Sale (OFS) component of shares worth ₹76 crore by promoter Shankarlal Deepchand Mehta.

A number of Gulf countries have or have threatened to cut back on production as they run out of storage capacity. Passage through the Strait of Hormuz has stopped almost completely due to the ongoing US-Iran war. Both Brent, and…

Wall Street had sold off during Friday’s session as well owing to multiple concerns surrounded financial markets, including the rise in oil prices. The Dow Jones was down 3% last week, the worst since US President Donald Trump’s liberation day…

Trump Administration officials have made multiple announcements with regards to ensuring the safe passage of oil tankers through the contentious Strait of Hormuz, but no concrete steps have been taken just yet.

Stock Market LIVE Updates: The Nifty and the broader markets will react this morning to Oil prices crossing the $100 per barrel mark, a stronger US Dollar and a sell-off in equity markets across the globe. Last week’s low of…

Only one question is on people’s minds: How long will the U.S.-Israel war with Iran last?