BUSINESS

Indian benchmark indices closed lower on May 26, with the Sensex down 479 points and the Nifty 50 slipping below the 24,000 level amid profit booking and volatile global cues.

Petrol, diesel, and CNG prices in India surged by Rs 3 per litre (or kg) in May 2026, with further increases expected due to global crude oil tensions and mounting losses at oil marketing companies.

As energy stocks attract investor interest in May 2026, Exxon and TotalEnergies showcase robust financials and diversified operations, even as broader markets face warnings of a potential correction.

Indian stock markets fell sharply on May 5 as Sensex plunged more than 750 points and the Nifty50 dipped below 23,900, pressured by soaring crude oil prices, rupee depreciation, and mounting US-Iran tensions.

State-run coal giant Coal India reported an 11.2% YoY jump in net profit to Rs 10,839 crore and a 5.8% increase in revenue for Q4FY26, beating analyst expectations and sending shares up over 4%, even as production and dispatches remained weak.

Indian stock markets rebounded sharply in April 2026, with the Sensex rising 753 points and the Nifty closing at 24,576. Sectoral gains led by PSU banks and energy stocks came despite volatility from renewed US-Iran tensions and surging oil prices.

Indian markets saw wild swings on March 24, 2026, with the Sensex plunging 1,837 points and investor wealth erasing ₹14 lakh crore, as global tensions and a weak rupee rattled investors.

Indian stock markets opened higher on March 17, but both Sensex and Nifty slipped into the red by mid-morning, following last week’s sharp declines and amid ongoing global tensions and rising oil prices.

Ongoing conflict between Iran, Israel, and the US has disrupted India's LPG imports, causing shortages and price hikes in cities like Mumbai, Delhi, and Bengaluru. The government is prioritizing household supplies and ramping up domestic production as commercial users face a crunch.

The U.S.-Israel conflict with Iran has sent global oil and gas prices sharply higher, with crude briefly surging past 9% on Monday and analysts warning of further pump price increases affecting motorists and households worldwide.