The Times of India - Business (28 minutes ago)
Stock market today: Continuing the down trend, Nifty50 and BSE Sensex opened in red on Friday as oil prices climbed and the Strait of Hormuz closure halted important global trade. While Nifty50 went below 23,500, BSE Sensex was down over 580 points.
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Middle East tensions are impacting the US bond market, causing mortgage rates to tick upward. The 30-year fixed mortgage rate rose to 6.11%, reversing recent declines. This surge, driven by inflation concerns from higher oil prices, is overriding softer economic data and potentially delaying Federal Reserve rate cuts, further pressuring the already...
ReadThe Times of India - Business (2 hours ago)
Middle East tensions are sending global oil prices soaring past $100 a barrel, with Brent crude trading at $100.66. Attacks on Iran have triggered significant supply concerns, potentially leading to the "largest supply disruption" ever. Despite economic uncertainty, the US prioritizes confronting Iran over oil prices, while global efforts to...
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