Crude Oil Pulls Back From Peaks
Crude oil prices posted a 4th consecutive session of losses, unwinding a significant chunk of their recent geopolitical risk premium.
Brent Crude: Settled down 3.4% at $100.34/bbl (after briefly crossing $105+ last week).
WTI Crude: Dropped 4.5% to $95.78/bbl.
Primary Drivers: A rapid recovery in Saudi shipments through the Persian Gulf/Strait of Hormuz (rebounding past 2.46M bpd via shuttle operations off Oman) and speculative positioning ahead of potential diplomatic contact at the UN General Assembly.
Angel One’s Founder to Buy Hsg Tower in Mumbai for ₹711 crore
Dinesh Thakkar, founder of Angel One, will buy an entire luxury G+7 tower on Juhu Tara Road for over ₹711 crore.
63,000 sq ft at a record ₹1.13 lakh per sq ft. Among India’s largest single residential deals and the biggest this year.
https://t.co/yyVlVGZPDl
📈📉 ASCENDING & DESCENDING CHANNELS
Channels help identify the direction of a trend while showing the range in which price is moving.
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How Much Have Markets Fallen from All-Time-Highs?
11-Sep-2026 (Now) vs 30-March-2026
The table compares the fall % from respective All-Time-Highs (intraday) for major indices on the above-mentioned two dates. The latter date being approx when Indian markets made the most recent bottom.
Note - Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer - The indices shown are for illustration only. It is not a recommendation to buy/sell/hold. Please get in touch with your investment advisor to get customised investment advice based on your risk profile and unique requirements.
We are pleased to share that our portfolios in the month of August have continued to demonstrate resilience and outperformed across market cycles.
At Carnelian, we mitigate risk by investing in high-quality businesses managed by competent leadership at reasonable valuations.
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PMS SEBI Registered Name & Number: Carnelian Asset Management & Advisors Private Limited | INP000006387
AIF CAT – I SEBI Registered Name & Number: Carnelian AIF Category I Trust | IN/AIF1/25-26/1787
AIF CAT – II SEBI Registered Name & Number: Carnelian AIF Category 2 Trust | IN/AIF2/26-27/2272
AIF CAT – III SEBI Registered Name & Number: Carnelian Alternative Investment Trust | IN/AIF3/18-19/0642
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