MIDEAST OIL MARKET TRENDS

Explained: 5 reasons why Trump’s midterm election setback matters for Indian markets and economy

Donald Trump’s midterm election setback has triggered a global market rally, with Indian equities gaining sharply. Lower crude oil prices, a weaker dollar, potential FII inflows, reduced tariff risks and changing US interest rate expectations could reshape India's economic outlook. Here are five key ways the political shift could impact markets.

KOSPI crashes 4% as US midterm shock rattles Asian markets

Oil prices and stock markets reacted significantly to the recent midterm election victories by Democrats in the United States. Asian chip stocks declined alongside the dollar, indicating market volatility following the elections. Lower oil prices have resulted in a bond rally, subsequently reducing yield rates. Anticipation of increased support for renewables is driving optimism in solar supply chain stocks.

Oil falls for a fourth day on expectations for lower risk of Iran war escalation

Oil prices have been falling for several days, influenced by the outcomes of Congressional elections this week. The results may signal a lesser risk of escalating conflict with Iran, according to analysts. While some anticipate an end to the war, others remain cautious about geopolitical uncertainties. Crude shipments in the region have recovered, contributing to a surplus in the oil market.

Global Market Today: Asian stocks rise as oil slides after US midterm elections

Benchmark indexes rose in Japan and Australia, pushing the MSCI Asia Pacific Index up by 0.3%. That was after the S&P 500 Index jumped 1.6%, its biggest gain in three months, and the tech-heavy Nasdaq 100 climbed 0.9%. South Korea was the outlier, with the Kospi Index dropping 2.7%, reflecting investor concerns over the future of data-center development and losses in US chip stocks.

Foreign buying, softer crude lift Dalal Street; Sensex closes above 77,300

Following the US midterm elections, Indian investors are buoyed by hopes of decreased global trade tensions. The Sensex surged by 383.55 points, closing at 77,301.40, while the Nifty increased by 149.75 points to end at 23,960.60, highlighting a significant rebound for the indices. Analysts believe reduced geopolitical risks could enhance India's economic prospects, despite a mixed performance in Asian markets regarding US investments in AI.

12 BSE 500 stocks defy market trend, rally up to 65% in 3 months

Glittering Prospects: Why Gold is the ultimate sweet spot this Dhanteras

Gold is trading over 20% below its peak ahead of Dhanteras, offering long-term investors a potential staggered buying opportunity. Central-bank demand, ETF inflows and rupee weakness could support prices, with analysts projecting returns of 15–20% by next Dhanteras.

ETMarkets Smart Talk| Gold, silver or copper? Tata MF fund manager suggests a 50:30:20 commodity allocation: Tapan Patel

In this edition of ETMarkets Smart Talk, we speak with Tapan Patel, Fund Manager – Commodities at Tata Asset Management, who shares his outlook on gold, silver, copper and crude oil, explains the changing dynamics driving commodity prices, and suggests a 50:30:20 allocation to gold, copper and silver, respectively, for investors looking to build a commodity portfolio for the long term.

South Korean shares slide nearly 3% as tech selloff deepens; won strengthens

South Korean shares fell sharply as a global technology selloff dragged chipmakers and other heavyweight stocks lower. A stronger won and plunging oil prices offered little support as foreign investors continued to sell equities.

ET Wealth Expo 2026| India's next investment mega trend is a $1.5 trillion wealth transfer: Ganesh Mohan

Speaking on the sidelines of ET Wealth Expo 2026 in Mumbai, Mohan identified intergenerational wealth transfer as one of the major socio-cultural mega trends unfolding in India. He believes the shift will go beyond the transfer of assets between family members and could trigger a fundamental change in investment preferences, with younger investors potentially moving towards financial assets, equities and more diversified portfolios.

Oil Price Today (November 3): Crude oil rebounds to $105 as fresh attacks outweigh peace talks. What are experts saying?

Crude oil price : Oil prices experienced a slight increase following reports of a US strike on Iran's Qeshm Island. Concerns have risen regarding the potential escalation of the ongoing conflict in the Middle East. Goldman Sachs has revised its oil price forecasts upward, contemplating a possible future increase to $140 per barrel. Meanwhile, Tehran continues discussions with the US to seek peace despite ongoing military tensions.

Marico sees copra prices ease 35% from peak, but crude-linked costs and vegetable oil inflation pose risks

Marico reported a significant expansion in gross margins due to a 35% decrease in copra prices. The company achieved a 27% year-on-year growth in consolidated EBITDA, indicating strong profitability. While Parachute volumes grew, revenue growth was limited primarily due to prior price reductions. Marico cautioned about ongoing inflation in crude-linked derivatives and vegetable oils impacting future margins.

Why are oil prices down today? Brent Crude futures drop by 5.9%. Here's the latest price

Oil prices have fallen by 5.9% due to diplomatic talks between Iranian and Qatari officials. The hopes of a deal to end the US-Israeli war against Iran have increased. Brent Crude futures have fallen by 5.9% to $106.76 per barrel after increasing in the earlier session. However, there was also some sentiment around the possible reopening of the Strait of Hormuz in the next two days.

Marico Q2 Results: Net profit jumps 31% YoY to Rs 550 crore, revenue rises 12%

Marico reported a 31% YoY rise in Q2FY27 net profit to Rs 550 crore, while revenue grew 12% to Rs 3,897 crore. EBITDA increased 27%, margins expanded to 18.2%, and management expects double-digit growth during FY27.

Why did market rally today? Sensex soars 1,233 pts, Nifty ends above 23,400. 7 factors behind Rs 8 lakh crore gains

On Monday, a remarkable surge in the Indian stock market was observed, with the Sensex soaring by 1,233 points. This uplift was driven by plummeting oil prices and robust earnings reports from key players like Reliance Industries. The return of foreign institutional investors as net buyers after a recent retreat, along with the anticipation of potential relief in long-term capital gains tax, spurred a wave of optimism.

Euro zone countries are integrating faster with US than with each other, ECB says

Euro zone countries are experiencing increased economic integration with the United States compared to internal collaboration. The European Central Bank highlights concerns about economic vulnerabilities amid geopolitical tensions. Barriers to cross-border investment with the US have declined significantly since 2014. Research indicates that fragmented capital markets diminish economic resilience during shocks like COVID-19. A lack of integration may exacerbate investment reductions in times of rising oil prices.

India’s consumers are back, its stocks aren’t: Srinivasan Sivabalan

Amid the vibrant festive season in India, consumer demand is soaring, prompting businesses to boost sales and raise prices accordingly. However, rising costs are pressuring profit margins, causing a decline in investor confidence. The stock market struggles to reflect the upbeat consumer activity, signaling a potential need for a resolution to the Iran war and governmental intervention to promote stability.

Oil Price Today (November 2): Crude oil falls to $111 as Iran-Qatar talks continue to end war. What are experts saying?

Crude oil price : Oil prices have plummeted dramatically, impacting Brent and WTI crude significantly. As Iranian and Qatari officials engage in talks to mitigate tensions from the US-Israeli conflict regarding Iran, the situation is further aggravated by security threats and oil tanker assaults in the Strait of Hormuz. Experts warn of ongoing price instability post-US midterm elections, creating an unpredictable environment for global energy supply chains and market responses.

D-Street poised for a positive start as GIFT Nifty trades firmly higher

Benchmark indices demonstrated remarkable strength, finishing above key thresholds due to robust demand for large-cap equities. However, surging Brent crude oil prices are still triggering concerns relating to the macroeconomic environment among investors. The India VIX index has recorded a slight increase in market anxiety, signaling cautious attitudes from investors.

Can Nifty, Sensex extend gains after rallying up to 2% last week? 4 factors to watch on Monday

Indian benchmark indices Sensex and Nifty ended the week higher, gaining up to 0.5%, even as broader markets declined amid rising crude oil prices above $117 a barrel. Investors will track oil price movements, foreign institutional investor (FII) activity, global cues and domestic market trends for direction. FIIs turned net buyers after a 10-week selling streak, lending support to sentiment.

FPIs pull out Rs 34,843 cr from equities in Oct; turn net buyers last week

Amidst rising economic fears, foreign portfolio investors withdrew Rs 34,843 crore from Indian equities in October. Although they had made significant contributions in July and August, outflows continued through September. By late October, a turnaround occurred as foreign investors became net buyers, infusing approximately Rs 6,300 crore into the market. Support from domestic institutional investors provided much-needed stability as all eyes turn to potential global impacts on investor sentiment.

Iran says US tone has 'changed' as Washington seeks negotiations

While the US and Israel have upped their threats to order fresh strikes, Vice President JD Vance also sent a letter to Iranian officials in recent days in a bid to revive talks.

Rupee rises 33 paise to close at 94.93 against US dollar

The rupee closed at 94.93 against the US dollar, marking a gain of 33 paise. Positive trends in domestic markets contributed to this improvement, despite elevated crude oil prices. Foreign Institutional Investors sold equities worth Rs 943.60 crore on a net basis. The IMF advocated for exchange rate flexibility in response to energy shocks affecting the Indian economy.