Sensex, Nifty Rebound After Massive Crash Triggered by Trump’s Iran Threat and Oil Price Surge
Indian stock markets staged a dramatic recovery on April 2, 2026, after witnessing a sharp crash in early trading triggered
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April 2, 2026
Business News
Stock Market Slumps 1,000 Points Amid Rising Tensions in Middle East
** “Global stock markets slumped on [current date] as investors panicked over US President Donald Trump’s warning to Iran. The Indian benchmark S&P BSE Sensex lost over 1,000 points in a single trading session, wiping out Rs 10 lakh crore from investors’ pockets.”
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Australian Fuel Prices to Drop Further as GST Deal with States Kicks In
Australia is poised for a significant reduction in fuel costs, with Prime Minister Anthony Albanese announcing a deal with states
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Global Oil Prices Surge After Trump’s Address, Brent Crude Hits $106 and WTI Reaches $103
In a significant development, global oil prices have experienced a notable surge following a speech by President Trump, with Brent
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SpaceX Prepares for Potential Record-Breaking Stock Market Debut
** SpaceX, the company founded by Elon Musk, is reportedly poised to make history with the largest ever stock market listing, eclipsing the current record held by Saudi Aramco. With a valuation expected to exceed $50 billion, the IPO could cement SpaceX’s status as a leader in the private space industry and provide a significant injection of capital for its ongoing development of advanced spacecraft and rocket technology.
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Stock Market Bounces Back as Optimism Surrounds Potential End to Iran Conflict
The stock market has started the month on a positive note, driven by growing optimism that the ongoing conflict between
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Sensex Surges 1,186 Points, Nifty Crosses 22,650: Stock Market Rally Kicks Off FY27 With Massive ₹10 Lakh Crore Wealth Boost
The Indian stock market kicked off the new financial year FY27 with a powerful comeback, as the Sensex surged 1,186 points and the Nifty crossed 22,650, driven by renewed investor confidence, positive global cues, and broad-based buying across sectors, resulting in a significant ₹10 lakh crore wealth boost for investors.
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Cambodian Financier Extradited to China in Ongoing Organized Crime Probe
A significant breakthrough has been made in the fight against organized crime as the former chairman of a major financial
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Jet Fuel Prices Surge to Record High, Commercial LPG Rates hike of ₹195.50
In a significant development that is likely to have a ripple effect on India’s economy, jet fuel prices have more
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Global Oil Prices Reach Highest Level Since Iranian Conflict Began
** Global oil prices have reached their highest point since the 1970s due to reduced traffic in the Strait of Hormuz, a critical waterway in the Middle East. The ongoing conflict in the region has sparked concerns about supply disruptions and potential price hikes, making the oil market a closely watched sector.
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US-Iran Conflict Exposes Fickle Nature of Fossil Fuel Market, Critics Warn
** The US-Iran conflict has sparked concern among critics, who argue that President Donald Trump’s aggressive push for fossil fuels threatens the global energy market with “dangerous volatility” and exacerbates the climate crisis. Critics warn that Trump’s efforts to prop up the fossil fuel industry may ultimately prove detrimental to US economic interests and hinder the country’s transition to cleaner energy sources.
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“Stock Markets React with Optimism as Trump Reportedly Looks to End Iran War Tensions”
** “Markets have responded favorably to a recent report indicating that the White House is considering steps to de-escalate tensions in the Middle East, specifically with regards to the current conflict between the United States and Iran. As a result, stock futures rose on Wall Street.”
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UK Government Considers Scrapping £330m NHS Contract with Palantir Amid Criticism from Tech Firm’s UK Boss
** The UK government is considering terminating a £330m contract with Palantir after the company’s UK boss urged ministers to resist calls to trigger a break clause. The contract, aimed at improving data sharing between NHS trusts, has raised concerns over data protection and transparency.
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Taiwan Urged to Hike Defense Spending Amid Heightened China Concerns
A group of four US senators has called on Taiwan to accelerate defense spending, as tensions in the region continue
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UK Housing Market Defies Expectations as March Sees Biggest Price Rise Since 2024, But War in Iran Looms Large
The UK’s housing market has experienced a significant upswing in March, with a 0.9% rise in prices, the largest since December 2024. However, the ongoing conflict in Iran and rising mortgage rates may lead to a slowdown in the coming months, according to experts.
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