Oil reports biggest annual drop since 2020, declines 10% in 2023 on demand-supply concerns; Brent sits at $77/bbl

Oil reports biggest annual drop since 2020, declines 10% in 2023 on demand-supply concerns; Brent sits at /bbl

Crude futures lost over 10 per cent in 2023 in a volatile year of trading and reported their biggest annual drop since 2020, marked by geopolitical conflict in the Middle East and concerns about the oil output levels of major producers around the world. Organisation of Petroleum Exporting Countries (OPEC) is currently cutting output by …

Read more

Will the Indian market continue its strong run? Here’s where experts see Nifty by 2024-end

Will the Indian market continue its strong run? Here’s where experts see Nifty by 2024-end

After a stellar 17 percent return delivered by the Nifty in 2023, market experts and brokerages have mixed views on the index’s performance in the year 2024. In 2023, the Nifty marked its eighth consecutive year of positive performance, showcasing its resilience in the face of challenges. Despite experiencing major headwinds like global monetary tightening, …

Read more