Indian equities opened largely flat on Thursday after the US Federal Reserve raised interest rates by 25 basis points, marking its first rate hike in more than three years.

The Middle East conflict remains a key risk for global markets, with tensions involving Iran, the United States and Iran-aligned Houthi forces continuing to threaten regional shipping and energy supplies. US officials have said commercial traffic through the Strait of Hormuz continues, while reports of attacks and restrictions have kept uncertainty elevated. The Strait is […]

Gold and silver prices came under pressure after the Federal Reserve raised interest rates and signalled the possibility of further tightening. COMEX gold declined around 1.81%, while silver fell about 1.91% in early indications on Thursday.

Indian equities are set for a cautious-to-positive opening on Tuesday after the market remained shut on Monday for Ganesh Chaturthi. GIFT Nifty was indicating a gain of around 80 points, or 0.34%, above the 23,500 level.

The Indian rupee is expected to remain under pressure on Tuesday, with the currency facing a test around the Rs.95.80-per-dollar level. The rupee closed at Rs.95.55 on Friday after losing more than 1% during the previous week.

Geopolitical tensions remain a major trigger for global markets as Iran-aligned Houthi forces launched another wave of attacks targeting Saudi Arabia. At the same time, discussions around reopening the Strait of Hormuz remain uncertain, keeping concerns over global oil transportation elevated. The developments are particularly important for India because any prolonged disruption to oil shipments […]

The Indian equity markets are closed on Monday, September 14, on account of Ganesh Chaturthi. Trading across the BSE and NSE will resume on Tuesday, with investors expected to react to developments in global markets during the holiday.

Crude oil prices moved higher as renewed tensions in the Middle East raised concerns about possible disruption to energy supplies. Brent crude remained above the $100-a-barrel mark as investors assessed developments involving Iran, Gulf shipping routes and attacks affecting regional infrastructure.

Gold prices declined on Monday as rising crude oil prices increased concerns over inflation and strengthened expectations that the US Federal Reserve could maintain a tighter monetary stance. Spot gold fell around 0.3% to $4,334.31 an ounce, while US gold futures declined 0.8%.

The Indian rupee remains under pressure as elevated crude prices increase demand for dollars and concerns over the Middle East add to global risk aversion. The currency has been trading close to record-low levels against the US dollar.