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Stock markets decline in early trade

Mumbai, Mar 10 (PTI) Stock market benchmark indices Sensex and Nifty ended nearly 1 per cent higher on Tuesday after two days of massive decline, following a drop in crude oil prices and recovery in global peers amid indications that the West Asia crisis could end soon. The 30-share BSE Sensex jumped 639.82 points or 0.82 per cent to settle at 78,205.98. During the day, it surged 960.09 points or 1.23 per cent to 78,526.25. The 50-share NSE Nifty climbed 233.55 points or 0.97 per cent to end at 24,261.60. Brent crude, the global oil benchmark, tumbled 9.03 per cent

Rupee falls 4 paise to 91.89 against US dollar in early trade

Mumbai, Mar 11 (PTI) The rupee fell 4 paise to 91.89 against US dollar in early trade on Wednesday weighed down by FII outflows and the unrelenting conflict in the Middle East. However, a weaker greenback and falling global crude oil prices prevented sharper loss in the local unit, according to forex traders. At the interbank foreign exchange, the rupee opened at 91.92 against the US dollar before rising to 91.89, down 4 paise from its previous close. The rupee staged a strong recovery from its record low against the US dollar on Tuesday, gaining 36 paise to settle at

What to know about the Strait of Hormuz, a key passageway essential for global energy supply

DUBAI, United Arab Emirates, March 11, 2026 (AP) — The United States says it has destroyed more than a dozen mine-laying Iranian vessels to prevent any attempt to close the Strait of Hormuz, highlighting the important role the narrow passageway plays in global energy supply. The war in Iran has ground tanker traffic through the Strait of Hormuz to a halt and oil prices have been swinging sharply, highlighting the important role the narrow passageway plays in global energy supply as the Islamic Republic vowed to block the region’s oil exports, saying it would not allow “even a single liter”

Silver surges nearly Rs 11k to Rs 2.79 lakh/kg as weak dollar lifts demand

New Delhi, Mar 10 (PTI) Silver prices surged by Rs 10,975 to Rs 2.79 lakh per kilogram in the national capital on Tuesday, while gold rose Rs 400, tracking strong global trends as a weak US dollar boosted demand for the safe-haven asset. Ending its three-day losing streak, the white metal soared by Rs 10,975, or 4.09 per cent, to Rs 2,79,275 per kg (inclusive of all taxes) from Monday’s closing level of Rs 2,68,300 per kg, as per the All India Sarafa Association. Gold prices also moved higher, with the metal having 99.9 per cent purity rising by Rs

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