Brent crude futures rose as much as $18.35, or 19.8%, to $111.04 a barrel.
Brent crude futures rose as much as $18.35, or 19.8%, to $111.04 a barrel.
1) Crude oil rose almost 20% in last 2 days and approx. 60% in last 7-8 days
2) This will have big negative impact on Indian markets
3) We may see Nifty crack down by 1000 points or so today
4) SGX is almost down by 800 points
5) Oil prices surged about 20% in early trade on Monday, hitting their highest since July 2022, as the expanding US-Israeli war with Iran fuelled fears of tighter supply and prolonged disruptions to shipments through the Strait of Hormuz.
6) All this is for information.
7) Sector on radar - OMCs - Stock on radar -