Tag: crude oil prices

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GIFT Nifty Signals Gap-Down Start As Tech Selloff Weighs On Markets; Key Nifty, Bank Nifty Levels To Watch Today

Indian stock markets closed lower on Wednesday as a sharp selloff in technology stocks dragged benchmark indices into the red.

RBI Likely To Hold Rates, But Hawkish Shift Possible Amid Rising Oil Prices: HSBC

HSBC Chief India Economist Pranjul Bhandari expects the Reserve Bank of India to keep interest rates unchanged at its upcoming policy meeting but believes policymakers may adopt a more hawkish stance as higher crude oil prices and rupee weakness increase inflation risks.