Crude prices and West Asia remain key market factors.

$RELIANCE — Refining and petrochemical operations link earnings sensitivity to crude movements. Markets are monitoring crude prices, Strait of Hormuz developments, geopolitical negotiations, inflation data and Q1 earnings. Investors generally assess input costs, margins, demand, currency effects and geopolitical disruptions across sectors. Reliance is a NIFTY 500 constituent. Crude and geopolitical developments can influence sector earnings and market risk.