Investors flee shares on widening war fear
1 year, 2 months ago

Investors flee shares on widening war fear

Live Mint  

Investors offloaded shares Monday on concerns about the economic fallout from the Israel-Hamas conflict. Though retail figures aren’t available, the sharper 1.3-1.6% fall in the Nifty Midcap 150 and the Nifty Smallcap 250 indices suggests significant selling by retail as the provisional purchase of ₹2,661.67 crore by domestic institutional investors, including mutual funds, couldn’t stave off the market fall. “From the global equity market perspective, the issue right now is whether the conflict remains localized or draws in more players, which could have repercussions.” The conflict in West Asia has raised worries about a further rise in crude oil prices, with serious implications for net oil importers such as India as a bigger oil import bill could weigh on the current account deficit, put downward pressure on the rupee and add inflationary pressure in an election season. That could also pressure the government to spend more on energy subsidies, cut excise duty on petrol and diesel sold in India at international ‘parity prices’, or let fuel retailers like Indian Oil Corp. take a hit on their books. Andrew Holland, chief executive of Avendus Capital Public Markets Alternate Strategies, said, “There could be a flight to safety initially, that is, to the dollar, and higher oil prices.

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History of this topic

Oil prices up in thin pre-Christmas trade
57 minutes ago

Oil prices up in thin pre-Christmas trade

Live Mint  

By Katya Golubkova TOKYO, Dec 24 - Oil prices were up on Tuesday in thin trade ahead of the Christmas Day holiday, with prices supported by U.S. economic data and rising oil demand in India, the world's third-largest oil importer. In the shorter term, traders are looking for indications of U.S. demand from the crude oil and fuel stockpiles data …

Indian Oil Corporation Share Price Today on 28-11-2024: Indian Oil Corporation share price are up by 0.04%, Nifty down by -0.78%
3 weeks, 4 days ago

Indian Oil Corporation Share Price Today on 28-11-2024: Indian Oil Corporation share price are up by 0.04%, Nifty down by -0.78%

Live Mint  

Indian Oil Corporation Share Price Today on 28-11-2024: At 28 Nov 11:11 today, Indian Oil Corporation shares are trading at price ₹139, 0.04% up from the previous closing price. On the technical front, the stock is trading above the 5,10 days SMA & lower than the 20,50,100,300 day SMA. The stock will have support at 5,10 days SMA & face …

Indian Oil Corporation Share Price Today on 27-11-2024: Indian Oil Corporation share price are down by -0.88%, Nifty down by -0.01%
3 weeks, 5 days ago

Indian Oil Corporation Share Price Today on 27-11-2024: Indian Oil Corporation share price are down by -0.88%, Nifty down by -0.01%

Live Mint  

Indian Oil Corporation Share Price Today on 27-11-2024: At 27 Nov 11:13 today, Indian Oil Corporation shares are trading at price ₹135.8, -0.88% down from the previous closing price. The stock will have support at 5 days SMA & face resistance at 10,20,50,100,300 days SMA The SMA values for the stock are given below : Days Simple Moving Average 5 …

Indian shares set to open little changed; eye on Trump’s fresh tariff vows
3 weeks, 6 days ago

Indian shares set to open little changed; eye on Trump’s fresh tariff vows

Live Mint  

- Indian shares are set for a muted opening on Tuesday, after gaining nearly 4% over the past two sessions, with an eye on global trade tensions after U.S. President-elect Donald Trump pledged fresh tariffs on imports from three countries, including China. "The relief rally, backed by robust short-covering ahead of the monthly expiry this week, continued for a second …

Indian shares set to open little changed; eye on Trump’s fresh tariff vows
Trending News
3 weeks, 6 days ago

Indian shares set to open little changed; eye on Trump’s fresh tariff vows

Live Mint  

Nov 26 - Indian shares are set for a muted opening on Tuesday, after gaining nearly 4% over the past two sessions, with an eye on global trade tensions after U.S. President-elect Donald Trump pledged fresh tariffs on imports from three countries, including China. "The relief rally, backed by robust short-covering ahead of the monthly expiry this week, continued for …

Indian Oil Corporation Share Price Today on 25-11-2024: Indian Oil Corporation share price are up by 3.7%, Nifty up by 1.72%
4 weeks ago

Indian Oil Corporation Share Price Today on 25-11-2024: Indian Oil Corporation share price are up by 3.7%, Nifty up by 1.72%

Live Mint  

Indian Oil Corporation Share Price Today on 25-11-2024: At 25 Nov 11:15 today, Indian Oil Corporation shares are trading at price ₹137.5, 3.7% up from the previous closing price. On the technical front, the stock is trading above the 5,10 days SMA & lower than the 20,50,100,300 day SMA. The stock will have support at 5,10 days SMA & face …

Indian Oil Corporation Share Price Today on 22-11-2024: Indian Oil Corporation share price are up by 1.26%, Nifty up by 1.15%
1 month ago

Indian Oil Corporation Share Price Today on 22-11-2024: Indian Oil Corporation share price are up by 1.26%, Nifty up by 1.15%

Live Mint  

Indian Oil Corporation Share Price Today on 22-11-2024: At 22 Nov 12:35 today, Indian Oil Corporation shares are trading at price ₹132.4, 1.26% up from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & …

Oil India share price jumps over 3% after the announcement of this JV. Should you buy?
1 month ago

Oil India share price jumps over 3% after the announcement of this JV. Should you buy?

Live Mint  

Oil India share price jumped over 3% on Tuesday after the company entered into an agreement with TotalEnergies to collaborate on methane emissions detection and measurement. Oil India Ltd signed a Cooperation Agreement with TotalEnergies to carry out methane emissions detection and measurement campaigns using TotalEnergies’ pioneer AUSEA1 technology at OIL sites in India, the state-run company said in a …

Indian Oil Corporation Share Price Today on 12-11-2024: Indian Oil Corporation share price are down by -0.43%, Nifty down by -1.07%
Trending News
1 month, 1 week ago

Indian Oil Corporation Share Price Today on 12-11-2024: Indian Oil Corporation share price are down by -0.43%, Nifty down by -1.07%

Live Mint  

Indian Oil Corporation Share Price Today on 12-11-2024: At 12 Nov 16:00 today, Indian Oil Corporation shares are trading at price ₹138.85, -0.43% down from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & …

Oil crashes over 2% on disappointing China stimulus; Brent drops below $73
1 month, 1 week ago

Oil crashes over 2% on disappointing China stimulus; Brent drops below $73

Live Mint  

Oil prices dropped around 2 per cent on Monday, November 11, after China's stimulus plan disappointed investors, Reuters reported. The report added that Brent crude futures fell by 2.48 per cent or $1.83 to $72.04 a barrel at 2:44 pm, and US West Texas Intermediate crude futures declined by 2.71 per cent or $1.91 to $68.47 a barrel. The oil …

Trump Factor: Decoding the potential impact on crude prices and India’s oil economy
1 month, 1 week ago

Trump Factor: Decoding the potential impact on crude prices and India’s oil economy

Live Mint  

Energy markets are attempting to understand the implications of Donald Trump's presidency on oil and gas prices. Analysts predict that his actions could significantly influence global crude oil prices, with an 80% likelihood of a decline. Trade-related uncertainties and tensions continue to pose challenges for crude oil prices, particularly affecting energy prices in the US. Overall, declining crude prices can …

Oil gains 1% in five days on US elections, Fed rate cut; Brent sits 2% lower to $73 dragged by subdued China stimulus
1 month, 2 weeks ago

Oil gains 1% in five days on US elections, Fed rate cut; Brent sits 2% lower to $73 dragged by subdued China stimulus

Live Mint  

International crude oil prices settled more than two per cent lower in the previous session as traders grew less fearful of prolonged supply disruptions from a strong hurricane in the US Gulf of Mexico, while top importer China's latest economic-stimulus packages failed to impress some oil traders. Despite Friday's losses, oil prices gained more than one per cent week-over-week, drawing …

Indian Oil Corporation Share Price Today on 08-11-2024: Indian Oil Corporation share price are down by -2.64%, Nifty down by -0.21%
1 month, 2 weeks ago

Indian Oil Corporation Share Price Today on 08-11-2024: Indian Oil Corporation share price are down by -2.64%, Nifty down by -0.21%

Live Mint  

Indian Oil Corporation Share Price Today on 08-11-2024: At 08 Nov 16:01 today, Indian Oil Corporation shares are trading at price ₹140.4, -2.64% down from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & …

Sectors and stocks in focus as Donald Trump set to become the 47th US President
1 month, 2 weeks ago

Sectors and stocks in focus as Donald Trump set to become the 47th US President

Live Mint  

Stocks to Buy: Donald Trump is set to become the 47th President of the United States of America, with the impact of the election outcome likely to be felt on trade policies, foreign investment and currency movements. Treasury Yields The Trump card possibility could lead to the rise of the UST 10-year yields, which would, most likely, have a butterfly …

Indian Oil Corporation Shares See a Price Bump, but Technical Indicators Remain Cautious
Trending News
1 month, 3 weeks ago

Indian Oil Corporation Shares See a Price Bump, but Technical Indicators Remain Cautious

Live Mint  

Indian Oil Corporation shares experience mixed performance today. The stock price has gained 0.62% today, trading at ₹145. However, the Nifty has lost -0.1%, with the Sensex down by -0.13%. The stock has hit a high of ₹145.45 and a low of ₹142.25 during the day, indicating a trading range of 3.25 points. The technical analysis suggests a downtrend, with …

Indian Oil Corporation Shares See a Price Bump, But Technical Indicators Remain Cautious
Trending News
1 month, 3 weeks ago

Indian Oil Corporation Shares See a Price Bump, But Technical Indicators Remain Cautious

Live Mint  

Indian Oil Corporation shares are trading up today, with the stock price increasing by 1.26%. The Nifty is also up by 0.97%. The stock has hit a high of ₹149.75 and a low of ₹146.25 during the day, and is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages …

Indian Oil Corporation Shares Trading Below Technical and Fundamental Support Levels
Trending News
1 month, 4 weeks ago

Indian Oil Corporation Shares Trading Below Technical and Fundamental Support Levels

Live Mint  

Indian Oil Corporation shares experience mixed performance today. The stock price has gained 0.23% on the NSE, but it has lost -0.14% on the BSE. The stock has hit a high of ₹154.35 and a low of ₹152.55 during the day, indicating a trading range of 2.8%. On the technical front, the stock is trading below the short-term and long-term …

India’s petroleum exports plunge in first five months of FY25 on lower demand, supply disruption
2 months, 4 weeks ago

India’s petroleum exports plunge in first five months of FY25 on lower demand, supply disruption

Live Mint  

New Delhi: India's petroleum exports saw a steep decline during the first five months of fiscal year 2025 due to lower demand from key markets and disruptions along the supply route, especially in the Red Sea region. "The drop in India's petroleum exports in the last three months was mostly due to the Red Sea issue, which led to higher …

Is the spike in India’s trade deficit a worry?
3 months ago

Is the spike in India’s trade deficit a worry?

The Hindu  

The story so far: After a positive start to goods exports in the first quarter of 2024-25, there has been a blip in momentum. On the exports front, 18 of India’s top 30 segments recorded growth in July and 19 in August, but the big-ticket sectors like petroleum, and gems and jewellery, have tanked significantly. While gems and jewellery exports …

Stock markets: Sensex falls 91 points, Nifty declines over 27 points to 25,356 in early trade
3 months, 1 week ago

Stock markets: Sensex falls 91 points, Nifty declines over 27 points to 25,356 in early trade

India TV News  

Stock markets update: Equity benchmark indices declined in early trade on Tuesday amid weak trends in Asian markets and unabated foreign fund outflows. Rupee against dollar Meanwhile, the rupee appreciated 2 paise to 83.84 against the US dollar in early trade on Tuesday, helped by a weak greenback against major crosses overseas and lower crude oil prices in international markets. …

Brent, WTI shed 6% as oil heads for steepest weekly drop in 3 months: What’s cooling down the commodity?
7 months, 2 weeks ago

Brent, WTI shed 6% as oil heads for steepest weekly drop in 3 months: What’s cooling down the commodity?

Live Mint  

Oil prices extended losses on Friday, May 3, 2024 and stayed on course for the steepest weekly loss in three months, as investors weighed lower-than-expected US jobs data and the timing of interest rate cuts by the US Federal Reserve. Coming to domestic prices, crude oil futures declined 0.76 per cent to ₹6,551 per barrel on the multi commodity exchange. …

India saved USD 13 billion by importing discounted Russian crude
7 months, 3 weeks ago

India saved USD 13 billion by importing discounted Russian crude

New Indian Express  

NEW DELHI: India has saved around $13 billion by importing discounted crude oil from Russia in the past two years, according to a study by ICRA, the rating agency. According to energy cargo tracker Vortexa, India received 1.36 million barrels of crude oil per day from Russia in March 2024, compared to 1.27 million barrels per day in February 2024. …

Rupee declines 5 paise to 83.43 against U.S. dollar in early trade
7 months, 3 weeks ago

Rupee declines 5 paise to 83.43 against U.S. dollar in early trade

The Hindu  

The rupee depreciated 5 paise to 83.43 against the U.S. dollar in early trade on April 29 amid a strong American currency overseas and withdrawal of foreign funds from domestic equity markets. However, positive sentiment in the domestic equity markets and retreating crude oil prices in international markets supported the Indian currency at lower level, forex traders said. At the …

Israel-Iran tensions threaten to send oil, LNG prices soaring, experts warn of volatility in Indian markets
8 months ago

Israel-Iran tensions threaten to send oil, LNG prices soaring, experts warn of volatility in Indian markets

Live Mint  

The ongoing conflict between Iran and Israel has intensified in recent days and is threatening to disrupt the crucial oil and liquified natural gas imports to India through the Strait of Hormuz. Iran has threatened to block the vital passage of sea, which can create oil/LNG supply bottlenecks for countries like India which import crude oil from Saudi Arabia, Iraq, …

India's crude oil import bill drops 16% in FY24, import dependence soars to 87%
8 months ago

India's crude oil import bill drops 16% in FY24, import dependence soars to 87%

Live Mint  

India's crude oil import dropped 16 per cent in the fiscal year ended March 31 as lower international rates but the dependency on overseas suppliers rose to a new high, official data showed. {{^adFree}} {{/adFree}} But it paid USD 132.4 billion for the imports in FY24 as against USD 157.5 billion import bill in 2022-23, oil ministry's Petroleum Planning and …

Iran-Israel Tensions: How do they impact Indian stock market? Here’s what experts say
8 months, 1 week ago

Iran-Israel Tensions: How do they impact Indian stock market? Here’s what experts say

Live Mint  

The Indian market cracked around 1 percent in intra-day deals today following losses in global peers amid escalating geopolitical tensions in the Middle East. Meanwhile, V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services, as well, noted that signals from the crude market indicate that the tensions are unlikely to escalate but advises caution to investors in the short term …

Gas price for Reliance trimmed to $9.87; rate for gas that feeds CNG, PNG supplies still at $6.5
8 months, 3 weeks ago

Gas price for Reliance trimmed to $9.87; rate for gas that feeds CNG, PNG supplies still at $6.5

The Hindu  

The government on March 31 cut the price of natural gas produced from difficult areas like deep sea KG-D6 block of Reliance Industries, marginally to $9.87 per million British thermal unit in line with softening of benchmark international gas prices, an official notification said. For the six-month period starting April 1, the price of gas from deepsea and high-pressure, high-temperature …

Petroleum exports drop sharply as West tightens squeeze on Russia
10 months ago

Petroleum exports drop sharply as West tightens squeeze on Russia

Live Mint  

NEW DELHI: Earnings from petroleum shipments fell steeply in April-January FY24 due to the global economic slowdown, a rise in domestic consumption, and shrinking discounts on Russian oil. According to data from the government’s Niryat portal, earnings from exports of chemicals and petroleum products stood at $67.11 billion in the April-January FY24 period, down 11.29% from $75.65 billion in the …

Stocks to Buy: Here’s why Oil India and Syngine are looking attractive
11 months, 4 weeks ago

Stocks to Buy: Here’s why Oil India and Syngine are looking attractive

Live Mint  

Indian stock market: The Nifty index displayed volatile movements on the last day of the week but managed to close above the crucial level of 21300. Stocks to Buy Oil India | Recommendation: Buy | CMP: ₹ 360 | Target: ₹ 400/420 | Stop Loss: ₹ 340 Oil India has demonstrated a robust breakout on the daily chart, accompanied by …

ONGC, Oil India poised for growth amid shifting oil dynamics
1 year ago

ONGC, Oil India poised for growth amid shifting oil dynamics

Live Mint  

Shares of Oil & Natural Gas Corp Ltd and Oil India Ltd have been on fire, significantly outperforming the Nifty50 index with gains of 38% and 73% respectively this calendar year. This tax, adjusted biweekly, stabilizes net oil realizations for companies like ONGC and Oil India, ensuring consistent earnings. JM Financial Securities Ltd notes that the windfall tax adjustments by …

OMC stocks on uptrend over lower crude oil prices; BPCL, HPCL see sharp gains, Indian Oil hits 52-week high
1 year ago

OMC stocks on uptrend over lower crude oil prices; BPCL, HPCL see sharp gains, Indian Oil hits 52-week high

Live Mint  

Shares of Indian oil marketing companies are on an uptrend as noted in the last few sessions over the declining prices of international crude oil as investors expect limited effects of supply cuts announced by the Organistation of Petroleum Exporting Countries and its allies. {{^adFree}} {{/adFree}} Shares of Indian Oil Corporation gained 3.5 per cent on Friday, December 15, to …

Hindustan Petroleum share price gains more than 5%, scales 52 week high
1 year ago

Hindustan Petroleum share price gains more than 5%, scales 52 week high

Live Mint  

The share prices of Oil Marketing companies as Hindustan Petroleum Corporation Ltd, Bharat Petroleum Corporation Ltd and Indian Oil Corporation Ltd saw smart gains on Tuesday with decline in Crude oil prices. While Hindustan Petroleum Corporation share price with gains of more than 5% scaled 52 week highs in morning trades, Indian Oil Corporation and Bharat petroleum corporation stock price …

Deceptive signals: The Hindu Editorial on India’s October 2023 goods exports numbers
1 year, 1 month ago

Deceptive signals: The Hindu Editorial on India’s October 2023 goods exports numbers

The Hindu  

Last month, India’s goods exports recorded only their second uptick this financial year, with a 6.2% rise. Merchandise imports grew a sharper 12.3% over last October and nearly 21% over September’s tally to hit an all-time high of $65.03 billion. The Finance Ministry’s monthly economic review asserted that merchandise exports “surprised on the upside” with the highest growth in 11 …

India's crude oil output up 1.3% to 2.5 MMT in October, imports rise after four months of declines: PPAC
1 year, 1 month ago

India's crude oil output up 1.3% to 2.5 MMT in October, imports rise after four months of declines: PPAC

Live Mint  

India produced a total of 2.5 million metric tonnes of crude oil in October 2023 - registering a growth of 1.3 per cent compared to the year-ago period, according to Petroleum Planning & Analysis Cell. According to PPAC data, crude oil imports increased by 2.2 per cent and by 0.6 per cent during October 2023 and April-October 2023 respectively, compared …

Oil prices slump 4% after OPEC+ postpones output policy meeting to November 30; Brent drops to $79/bbl
1 year, 1 month ago

Oil prices slump 4% after OPEC+ postpones output policy meeting to November 30; Brent drops to $79/bbl

Live Mint  

Oil prices plunged 4 per cent on Wednesday, November 22, after the Organisation of Petroleum Exporting Countries and it allies unexpectedly delayed the policy meeting on output planned for Sunday, raising questions about the future course of crude production cuts. {{^adFree}} {{/adFree}} Back home, on the Multi Commodity Exchange, crude oil futures due for a December 18 expiry, was last …

Market shed almost 4% in 5 sessions: What should investors do now?
1 year, 1 month ago

Market shed almost 4% in 5 sessions: What should investors do now?

Live Mint  

Uncertainties from the Israel-Hamas conflict along with rising bond yields and crude oil prices, and continued foreign investor outflows, have continued to weigh on the Indian markets. Positive news like the decline in the US bond yields and weakening crude can help the market to revive but it may not sustain given the uncertainty surrounding the West Asian conflict. Technical …

Israel-Hamas Conflict Sparks Concerns of Oil Price Surge: Impact on India’s Economy Explored
1 year, 2 months ago

Israel-Hamas Conflict Sparks Concerns of Oil Price Surge: Impact on India’s Economy Explored

The Hindu  

A protracted Israel-Hamas conflict could spur oil prices beyond India’s comfort zone and even if the government holds retail fuel prices ahead of critical elections, wholesale prices may spike and a higher import bill could pressure the rupee, according to experts. Brent crude oil prices rose over 3% on Monday, crossing $87 a barrel even as equity markets around the …

Oil prices soar on Israel-Hamas conflict; India watching situation closely
1 year, 2 months ago

Oil prices soar on Israel-Hamas conflict; India watching situation closely

Live Mint  

New Delhi: International crude oil prices surged on Monday amid the military clash between Israel and Hamas forces of Palestine. Sharad Chandra Shukla, director at Mehta Equities said the recent escalation in the Israel-Palestine conflict has injected uncertainty into global markets, leading to a surge in crude oil prices and a hardening of US Treasury yields. “Oil prices rose more …

Oil prices jump more than $4 as Middle East violence rattles markets
1 year, 2 months ago

Oil prices jump more than $4 as Middle East violence rattles markets

The Hindu  

Oil prices jumped more than $4 a barrel in early Asian trade on Monday, as dramatic military clashes between Israeli and Hamas forces over the weekend deepened political uncertainty across the Middle East. The surge in oil prices reversed last week's downward trend - the largest weekly decline since March - in which Brent fell about 11% and WTI retreated …

India tells OPEC it must be sensitive to needs of oil consuming nations
1 year, 2 months ago

India tells OPEC it must be sensitive to needs of oil consuming nations

Live Mint  

New Delhi: With oil prices on the boil, union petroleum and natural gas minister Hardeep Singh Puri has asked the Organisation of the Petroleum Exporting Countries to be sensitive to the needs of oil-consuming nations and curb output cuts. In another tweet, the minister wrote, "During the pandemic, when crude oil prices crashed, the world came together to stabilize the …

Explained: Why surging oil prices is bad for Indian rupee
1 year, 3 months ago

Explained: Why surging oil prices is bad for Indian rupee

India Today  

The Indian rupee could come under pressure and decline significantly in comparison to the US dollar, analysts have warned. Analysts quoted in a Reuters report fear that a combination of factors, including surging crude oil prices and a rally of the US dollar index, could lead to a significant decline in the Indian currency’s value. Oil on the boil Brent …

Testing times: The Hindu Editorial on shrinking of India’s goods exports
1 year, 3 months ago

Testing times: The Hindu Editorial on shrinking of India’s goods exports

The Hindu  

India’s goods exports shrank for the seventh consecutive time and the ninth time in 11 months this August, while imports surged to hit the highest level since March this year. At $58.6 billion, inbound shipments were still 5.2% below last August’s levels, but exports fell by a relatively steeper 6.9%, leading to a $24.2 billion trade deficit — the widest …

Buy ships to transport energy: Govt to oil cos
1 year, 3 months ago

Buy ships to transport energy: Govt to oil cos

Live Mint  

NEW DELHI : India’s public sector oil and gas companies are looking at purchasing ships to transport oil and gas following a Union government directive aimed to ensure energy security, two people aware of the development said. The move comes at a time of rising crude prices, a price cap on Russian oil, and a bar on the use of …

Crude import costs down 35%, creates room to cut fuel prices
1 year, 4 months ago

Crude import costs down 35%, creates room to cut fuel prices

Live Mint  

NEW DELHI : India’s oil import bill declined 35.3% during the first four months of FY24 due to easing crude oil prices over the past year. This fall in the import bill will likely see oil marketing companies, which operate most of the refineries in the country, increase their refining and marketing margins—and profits too —as retail fuel prices have …

Oil falls over 1.5% after weak data from Asian refiners offsets tighter supply
1 year, 4 months ago

Oil falls over 1.5% after weak data from Asian refiners offsets tighter supply

Live Mint  

Oil prices fell by more than 1.5 per cent on August 8 after data showed that China's imports and exports fell much more than expected in July in another sign of a sluggish post-COVID rebound for the world's largest oil importer. Back home, on the Multi Commodity Exchange, crude oil futures due for an August 21 expiry, were last trading …

Markets fall in early trade amid foreign fund outflows; Rupee falls 31 paise against dollar
1 year, 4 months ago

Markets fall in early trade amid foreign fund outflows; Rupee falls 31 paise against dollar

India TV News  

Stock markets: Amid foreign fund outflows and weak trends in the US markets, equity benchmark indices Sensex and Nifty declined in early trade on Friday. The BSE benchmark had plunged 440.38 points or 0.66 per cent to settle at 6,266.82 on Thursday, while the Nifty declined 118.40 points or 0.60 per cent to close at 19,659.90. Rupee falls against dollar …

ECONOMIC PERSPECTIVES | On oil’s slippery slope: India’s goods exports struggle to stem decline
1 year, 4 months ago

ECONOMIC PERSPECTIVES | On oil’s slippery slope: India’s goods exports struggle to stem decline

The Hindu  

Published : Jul 27, 2023 11:00 IST - 6 MINS READ At first look, the evidence is worrying. The value of the country’s goods exports in June dropped to an eight-month low of $33 billion, having fallen sharply by 22 per cent year on year. The value of the country’s oil product exports rose from $25.8 billion in the 2020-21 …

Sensex rises over 250 points, Nifty advances 76.1 points; heavy buying in Reliance Industries
1 year, 5 months ago

Sensex rises over 250 points, Nifty advances 76.1 points; heavy buying in Reliance Industries

India TV News  

Amid unabated foreign fund inflows and buying in the index, major Reliance Industries and HDFC twins, India's equity benchmark indices rebounded in early trade on Monday. Reliance Industries gained nearly 1 per cent in morning trade while HDFC, Tata Motors, State Bank of India, HDFC Bank, Axis Bank, UltraTech Cement and Mahindra & Mahindra were the biggest gainers. Brent crude …

Eye on oil: on oil prices and India
1 year, 6 months ago

Eye on oil: on oil prices and India

The Hindu  

The world’s largest grouping of crude oil producers, commonly known as OPEC+, agreed on Sunday to extend ongoing production cuts into 2024 as it seeks to keep oil prices from falling amid concerns about a global economic slowdown. OPEC major and leading producer Saudi Arabia also voluntarily vowed to reduce output by an extra 1 million barrels per day in …

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