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Crude rallies on expectations of tightening supply, demand to rise; consolidation likely after correctionCrude rallies on expectations of tightening supply, demand to rise; consolidation likely after correction

By Bhavik Patel Crude oil market has woken to the fact that there will be supply tightness in the second half of the year and demand destruction from recession fears have completely been proven wrong. This has propelled the recent rally in crude where it has jumped from $67 to $85 in the matter of […]

Nifty to reclaim 20,100 or fall in trade? See GIFT Nifty, FII data, crude, F&O ban, more before market opensNifty to reclaim 20,100 or fall in trade? See GIFT Nifty, FII data, crude, F&O ban, more before market opens

GIFT Nifty traded at 20,006.5, down marginally 0.04%, during Wednesday’s early trading session, indicating a flat opening for domestic indices NSE Nifty 50 and BSE Sensex. On Tuesday, Indian equity indices, the NSE Nifty 50, slipped marginally by 0.02% to settle at 19,993.20, while the BSE Sensex added 94.05 points to settle at 67,221.13. “The […]