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Market move● Neutral for Indian equities
Oil Prices Mixed, But Production Recovery May Weigh
The brief
- Oil prices were mixed in early Asian trade
- Signs of production recovery may weigh on prices
- Lower crude prices could benefit Indian oil marketers and reduce input costs for airlines
- Nifty 50 logs worst September performance in 8 years as 40 stocks slide
- Middle East crude flows recover to 98% of pre-war levels despite shipping risks
- Oil slides as Saudi Arabia boosts flows via key pipeline
- Nifty 50 down 13.5% in 2026, set for worst year in 15 years: Key factors weighing on market sentiment
- US 30-year Treasury yield reaches highest level since 2002, topping 5.6%