Global Stocks sink, oil surges as Trump vows to keep hitting Iran

April 2, 2026 9:24 AM

Global Stocks sink, oil surges as Trump vows to keep hitting Iran

Global markets recoiled on Thursday as war jitters over Iran deepened, with stocks sliding, oil surging and the dollar firming after U.S. President Donald Trump dashed hopes for clarity on when the Middle East conflict might end. Trump said in a prime-time address that the U.S. would hit Iran "extremely hard" within weeks, claiming military goals were nearly achieved and the conflict was close to ending. The front-month Brent contract for June jumped about 5% to $106.16 per barrel after invest...

Sri Lanka court orders 84 Iranian sailors’ bodies be handed to Iran embassy, local media says

March 11, 2026 1:00 PM

Sri Lanka court orders 84 Iranian sailors’ bodies be handed to Iran embassy, local media says

A Sri Lankan court has ordered that the bodies of 84 sailors killed in an attack on an Iranian warship off the island nation's coast last week be handed over to the embassy of Iran, local media reported on Wednesday. The warship, IRIS Dena, was hit by a torpedo from a U.S. submarine while it was returning from a naval exercise organised by India, amid the U.S.-Israeli war on Iran that has wreaked havoc on global markets, sent oil prices soaring, and disrupted trade and travel. The court order ...

Asia stocks wobble as Wall St selloff saps confidence

February 24, 2026 8:58 AM

Asia stocks wobble as Wall St selloff saps confidence

Asian stock markets stuttered in early trade on Tuesday as a selloff on Wall Street overnight rattled investors, with sentiment hurt by heightened uncertainty over U.S. President Donald Trump's tariff policy and rising geopolitical tensions. MSCI's broadest index of Asia-Pacific shares outside Japan flipped from gains to losses following a six-day rally, and was last down 0.2%, led by declines in South Korea. The Nikkei 225 advanced 0.7% as Japanese markets returned after a holiday. S&P 50...

India likely to outperform global markets despite uncertainties: NSE CEO

April 8, 2025 3:03 PM

India likely to outperform global markets despite uncertainties: NSE CEO

India is expected to perform better than most global markets in the coming months, even amid growing international uncertainties, Ashishkumar Chauhan, CEO and MD of the National Stock Exchange (NSE), said on Tuesday. He attributed this confidence to India’s steady economic framework, strong leadership, and evolving bilateral trade dynamics. The NSE chief noted that India has shown resilience compared to other global markets over the past week. "While several international indices have exper...

Investors spy the dawn of a tectonic shift away from US markets

March 6, 2025 1:09 PM

Investors spy the dawn of a tectonic shift away from US markets

A historic global trade war, a proposed $1.2 trillion European fiscal bazooka and the emergence of China as tech race leader are upending global flows of money, marking a potential turning point for investor capital away from the United States. China unlocked more stimuluson Wednesday and promised greater efforts to cushion the impact of an escalating U.S. trade war. Hours earlier, Germany's likely next government agreed on the biggest overhaul to fiscal policy since the country's reunification...

Global markets wary of Fed rate plans, China retail disappoints

December 16, 2024 3:00 PM

Global markets wary of Fed rate plans, China retail disappoints

Shares around the world nudged lower on Monday on soft economic numbers from China and Europe and as surging bond yields challenged equity valuations, at the start of a week packed with central bank meetings and major economic data. Figures from China showed retail sales rose just 3.0% in November, compared with a year earlier, well below market forecasts of 4.6% and evidence of the need for much more aggressive stimulus. Industrial production was much as expected, while house prices were still...

Sensex, Nifty open near record highs as global markets surge

September 16, 2024 3:25 PM

Sensex, Nifty open near record highs as global markets surge

India's benchmark indices hovered near record highs on Friday, driven by a rally in Asian markets as investors anticipated a 50-basis-point interest rate cut by the U.S. Federal Reserve. At the opening bell, the Nifty 50 climbed to 25,430.45, marking a gain of 41.55 points or 0.16 percent. Simultaneously, the BSE Sensex reached a staggering 83,091.55 points, up by 128.84 points or 0.16 percent. This remarkable performance comes against the backdrop of rallying global markets, spurred by antici...

Global markets – Nvidia sell-off, growth concerns hit markets

September 4, 2024 6:23 PM

Global markets – Nvidia sell-off, growth concerns hit markets

Shares fell globally on Wednesday, hit by a drop in tech stocks sparked by a record sell-off for U.S. chipmaker Nvidia and as expectations of fading global growth bruised riskier assets, pushing oil prices to multi-month lows and buoying bonds. European shares shed 1%, with major markets in London, Paris and Frankfurt down between 0.6% and 0.9%. Semiconductor companies were the biggest losers, with ASML Holdings dropping 5.4%. The pain was set to continue on Wall Street, where stock futures ex...

Sensex falls around 1,600 points & Nifty plunges 500 points as global markets sink

September 16, 2024 4:34 PM

Sensex falls around 1,600 points & Nifty plunges 500 points as global markets sink

Indian markets experienced one of the worst falls on Monday with both the indices Nifty, and Sensex registering high losses during the opening trade. Indian stock markets followed the global bloodbath. The Nifty 50 index declined 414.85 points or 1.68 per cent to open at 24,302.85 points while the BSE Sensex slumped 2393.76 points or 2.96 per cent to open at 78,588.19 points. In the broad market indices, all indices including Nifty Next 50, Nifty 100, Nifty Midcap, and Nifty Small cap declined...