Indian stock market: Indian equity benchmark indices, Sensex and Nifty 50, are expected to open on a cautious note on Friday tracking mixed global market cues, while investors will take cues from the domestic corporate earnings for the December 2023 quarter. Asian markets traded mixed, while the US stock indices ended lower overnight as mixed …
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 …
A big cut in fuel prices is likely months ahead of the 2024 Lok Sabha elections. Sources in the Union Finance Ministry confirmed to News18 that there will be a big cut in fuel prices. Prices are likely to be slashed up to Rs 10, they added. There is a decline in the prices of …
The Reserve Bank of India (RBI) released the minutes of the Monetary Policy Committee (MPC) meeting on Friday, December 22, highlighting that domestic food inflation unpredictability, and volatility in crude oil prices and financial markets in an uncertain international environment pose risks to the inflation outlook. Hence, the central bank’s monetary policy continues to remain …
The rupee appreciated 3 paise to 83.37 against the US dollar in early trade on Monday, amid sustained inflow of foreign funds and bullish sentiment in the domestic equity market. An upward movement in crude oil prices, however, weighed on the Indian currency, according to forex traders. At the interbank foreign exchange market, the local …
Oil prices declined more than 2 per cent in the previous session as investors remained cautious over the depth of supply cuts announced by the Organisation of Petroleum Exporting Countries and its allies (OPEC+). Concerns over sluggish global manufacturing activity also weighed on market sentiments. Brent crude futures for February settled down $1.98, or 2.45 …
Indian markets retained their positive trajectory, closing the last week in the green, marking the fourth straight weekly gain. Despite this upward move, markets exhibited a confined trading range with an optimistic undertone. Analysts attribute this trend to the prevalence of profit booking, driven by a notable shift in investor attention towards the primary market, …
As many as 45 smallcap stocks logged a double digit rise in their stock prices – in the range of 15-40 per cent last week, as the 30-share BSE Sensex logged its second consecutive weekly gain, supported by declining US bond yields and lower crude oil prices after the US Federal Reserve’s rate pause decision. …