The benchmark domestic indices ended Tuesdays’ trading session in negative territory. The NSE Nifty 50 slipped 9.85 points to 19,664.70, while the BSE Sensex fell 0.12% to 65,945.47. The Bank Nifty index shed as many as 141.90 points to 44,624.20. Among the broader indices, midcap stocks faced corrections while small caps added gains. Among the […]
Day: December 3, 2023
Oil rises on tightening crude supplyOil rises on tightening crude supply
Oil rose in early Asian trade on Wednesday, supported by tightening global crude supply ahead of a panel meeting of OPEC+ ministers. Brent crude oil futures rose 6 cents to $90.98 a barrel by 0004 GMT, while U.S. West Texas Intermediate crude (WTI), rose 11 cents to $89.34 per barrel. Saudi Arabia is expected to […]
Rupee ready for a directional trend, outperforms other Asian currencies; dollar plunges, outlook bearishRupee ready for a directional trend, outperforms other Asian currencies; dollar plunges, outlook bearish
By Dilip Parmar The Indian rupee marked the best month of the current fiscal year and outperformed among the Asian currencies for the quarter ending on June 30, backed by foreign fund inflows, stronger regional peers and risk-on sentiments. Typically, June month remained one of the worst months for the rupee but this time it […]
Closing Bell: Sharp rebound after volatile start, Nifty breaches key resistance zone, closes above 19700 levels, Sensex settles above 66260; Realty, PSU Bank stocks soarClosing Bell: Sharp rebound after volatile start, Nifty breaches key resistance zone, closes above 19700 levels, Sensex settles above 66260; Realty, PSU Bank stocks soar
The benchmark equity indices ended Thursday’s trading session in the green with the help of PSU Bank and Realty stocks. After a volatile start, there was a sharp rebound across the markets taking the Nifty well past the key resistance zone around 19,650 and the Index finally closed at 19,727.05, while the BSE Sensex added […]