Asian markets are subdued as a fragile Gulf ceasefire shows signs of breaking. Oil prices are rising again, signaling prolonged inflation. Investors are cautious as the Strait of Hormuz remains under threat. This instability impacts global markets, with oil futures seeing an uptick. Inflationary pressures are expected to persist, influencing central bank decisions on interest rates.
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
November 1, 2026