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G7 to release 100 million barrels of oil reserves through IEA
- The co-ordinated release includes frontloaded diesel supplies to stabilise global energy markets
- Lower crude and diesel prices could ease costs for Indian refiners and fuel retailers
NSE close · Thu, 1 OctNifty 5022,421.95▼ 0.88%Nifty Bank54,450.75▼ 0.33%Midcap 10058,732.00▼ 1.01%Smallcap 25017,589.05▼ 1.18%India VIX14.46▲ 7.19%IT28,304.70▲ 2.17%Auto25,384.95▼ 3.46%Pharma26,311.55▼ 0.48%FMCG43,789.85▼ 1.61%Metal12,460.70▼ 2.35%Realty835.00▼ 1.46%Energy36,388.15▼ 0.68%PSU Bank7,937.80▼ 0.98%Financials24,556.10▼ 0.38%Media1,546.30▼ 2.33%Defence9,142.55▼ 1.45%Durables35,927.80▼ 1.91%Biggest movesMONEYVIEW▲ 58.5%MOLBIO▲ 15.6%THOMASCOTT▲ 12.3%AUGMONT▲ 10.0%HEROMOTORS▲ 10.0%VIVIANA▲ 10.0%LOKESHMACH▲ 9.5%ANAWIL▼ 11.0%
Developing
Clear ×IRDAI's proposed insurance distribution reforms111Global bond sell-off and rising Treasury yields87Iran conflict, diplomacy and oil-market risks72Indian equities fall amid foreign outflows and rising oil35India’s deficient 2026 monsoon and rural impacts30Diesel export risks and strategic reserve releases24OpenAI agent security incidents and response21Expectations for RBI rate hikes15Nifty selloff and foreign investor outflows13
Nasdaq hits record as weak US jobs data cools rate-hike bets
- Nasdaq Composite hit a record high after disappointing US jobs data
- Lower Treasury yields and oil prices accompanied the rise; Nike shares fell on its forecast
G7 agrees to release 100 million barrels of oil and diesel from emergency reserves
- G7 countries agreed to release 100 million barrels of diesel and crude oil
- The release will come from emergency reserves
- More oil supply could ease fuel costs for Indian refiners and oil marketing companies
India extends RoDTEP export support till Dec 2026; raises insurance cover to 95% amid West Asia disruption
- RoDTEP export support extended until December 31, 2026
- Insurance risk coverage raised to 95% for eligible shipments amid West Asia disruption
- Export support and higher shipment cover benefit Indian exporters and insurers
Europe agrees to release diesel stockpiles, sending oil prices down more than 4%
- European leaders agreed to release some diesel stockpiles on Friday
- Oil prices fell by more than 4%
- Lower oil prices can ease input costs for Indian fuel retailers, refiners and transport companies
Anthropic warns US government actions could hurt customer ties ahead of IPO
- Anthropic warned government actions could cause revenue losses, business disruptions and reputational harm
- The warnings appear in Anthropic’s IPO prospectus
Global food prices reach near four-year high in September amid supply disruptions
- The UN FAO said global food prices hit their highest level in nearly four years
- Trade disruptions and adverse weather drove the rise
- Higher food costs may pressure Indian food companies and complicate inflation trends for consumer businesses
In Graphics: How the cost of Iran war piled up
- India paid more for crude oil despite importing less as prices rose
- Higher import costs can pressure Indian oil marketing companies
US adds 29,000 jobs in September as unemployment rises to 4.2%
- Hiring fell from a revised 133,000 in August to 29,000 in September
- Unemployment rose to 4.2% from 4.1% in August
- US demand signals matter to Indian IT services companies reliant on American clients
Bets on an October Fed rate hike fall as US job market cools
- The US added 29,000 jobs last month, below economists’ forecast of 90,000
- The unemployment rate rose to 4.2%
Hormuz LNG shipments reach post-war high in September, with reports differing on cargo count
- Business Standard and Economic Times report 19 cargoes; Times of India says 19 to 21
- Business Standard says 13 cargoes came from Qatar and six from the UAE
- More LNG flows may ease supply concerns for Indian gas buyers, including Petronet LNG
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Don't blame El Niño alone
- This year's southwest monsoon ended with a 13% deficit over the long-period average
- A weaker monsoon raises risks for Indian agriculture and rural-demand-linked companies