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Oil prices have dipped as investors assess potential shipping threats in the Strait of Hormuz. The uptick in prices was initially fueled by recent assaults on Saudi Aramco and provocations from Iran. The Trump administration is mulling over the possibility of loosening sanctions on oil vessels to alleviate shipping costs, particularly given the surge in freight prices.
Top stock market recommendations: Lemon Tree Hotels, Greenply Industries, and Fine Organic Industries - Aakash K Hindocha, Vice President - Research, Nuvama Professional Clients Group/Nuvama Wealth has picked these as the top stocks to buy today on October 15, 2026.
Stock market rally today: Buying in IT, banking and consumer stocks lifted the stock market sentiment. At 11:33 AM, Nifty50 was trading at 22,947.75, up 325 points or 1.44%. BSE Sensex was at 73,913.24, up 1,131 points or 1.55%.
South Korea's stock market experienced a sharp decline on Thursday, with the Kospi plummeting nearly 7.5%. The downturn was driven by heavy selling pressure on major technology stocks, particularly Samsung Electronics and SK Hynix. Trading halts were triggered as foreign investors sold significant shares, leading to heightened market volatility. The sell-off reflected concerns over potential interest rate hikes by the Federal Reserve.
Indian techies return: Between January and September 2026, around 12,700 white-collar technology workers returned to India, according to data from staffing firm Xpheno. The tally is already approaching the record 15,100 returnees recorded in the whole of 2025, and is expected to surpass that figure by the end of this year.