Stocks slide, oil gains with Mideast ceasefire prospects centre stage
The Hindu
Stocks fall while oil prices rise as investors react to Mideast tensions and potential ceasefire discussions.
Asian stocks slid in choppy trading while the oil rose on Thursday (March 26, 2026) as investors treaded cautiously amid the dizzying pace of developments in the West Asia, with Iran saying it would weigh a U.S. proposal to end the conflict.
Iran-Israel war highlights on March 26, 2025
The widening war has jolted global markets this month, sending oil prices soaring, reigniting inflation fears and upending global interest rate expectations.
Contradictory messages from the two sides over ceasefire talks have kept investors on edge.
U.S. President Donald Trump said Iran was desperate to make a deal while Iranian Foreign Minister Abbas Araqchi said there had been no dialogue or negotiations with the U.S., although various messages had been exchanged through intermediaries.
Japan’s Nikkei reversed early gains to trade 0.7% lower while South Korean stocks fell 2.7% and Hong Kong’sHang Seng index slid 1.7%.
Paradip Port is set to receive 7 million barrels of crude oil amid ongoing West Asia crisis, ensuring supply stability.
Government mandates RBI to maintain retail inflation at 4% with a 2% margin until March 2031, ensuring economic stability.
Stock markets rally for a second day as crude prices fall amid hopes for de-escalation in the West Asia conflict.
FM Nirmala Sitharaman defends Centre's cess collections, emphasizing constitutional rights and states' benefits exceeding collected amounts.
Rupee hits record low of 94.05 against the dollar, despite strong gains in Sensex and Nifty amid market volatility.
Oil companies reassure the public of no fuel shortage, urging against panic buying and reliance on verified information.
GameStop reported a 14% drop in fourth-quarter revenue on Tuesday, a sign that its struggling brick-and-mortar business continues to face immense pressure
Epic Games said Tuesday it is laying off 1,000 employees to save money as it grapples with industry-wide and company-specific challenges.
Indian stock markets rise 2% as investor optimism returns amid easing crude prices and improved geopolitical clarity.
Gold and silver prices rebounded on March 25, but remain under pressure amid high volatility and global uncertainties.
Gaining the approval of local communities has become paramount to building data centres in the U.S., Microsoft President Brad Smith said
OpenAI on Tuesday announced key leadership appointments for its nonprofit arm and committed to investing at least $1 billion through the division
EU antitrust chief Teresa Ribera, who has voiced concerns about Big Tech extending its dominance into artificial intelligence, will meet the CEOs of Alphabet, Meta Platforms and OpenAI