Crude update for 02-04-2026

Crude update for 02-04-2026 Brent Crude was up again yesterday by almost 8%. around 109$ Latest candle is full green indicating the momentum in crude is bullish Till the time momentum in crude is bullish we can-not expect any major recovery in the market (Nifty). Till the time brent crude is above 100$ - it indicates that there is no positive news on war. This will impact the inflation in India This can also fade all hopes of any rate cut and instead now rate hike can be seen after few months (Which is just a possibility as of now) Rate sensitives will be highly impacted now. Stock on radar

All this is for information. This is not a buy/sell recommendation.