Crude Check: Positive bias holds

Stock markets jump over 1% as crude oil drops below $100/barrel

Indian equities surged May 25 — Sensex +1.42%, Nifty +1.32% — as Brent crude fell 5.52% to $97.82/barrel on reported U.S.-Iran progress toward reopening the Strait of Hormuz. Lower energy costs ease global inflation pressure, improving macro conditions for IT budget stability and emerging-market equity sentiment.