Loading…
The Sensex rose about 8.8% to 81,028 and the Nifty moved above 25,000 as foreign portfolio investors returned to Indian equities. The rupee strengthened below 94 per dollar, while the 10-year government bond yield eased to 7.2%; the article attributes part of the turnaround to Brent falling below $100 from $118 amid reduced fears of US-Iran escalation.
Lower crude prices ease India's import costs and inflation pressure, supporting the rupee and domestic financial conditions. The reported oil-price decline is bearish for crude, but the main story is a shift in investor flows rather than a new oil supply or demand change.
thefmnews.comAvanish Jaiswal (FM NewsNov 8, 2026After 312 past bearish macro events, Crude Oil (Brent) moved a median -1.7% over 5 sessions (38% higher; middle half -5.4% to +2.3%), and -1.7% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
