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Source: Business Standard 4 min read Last Updated : Sep 26 2024 | 2:34 PM IST Shares of automobile companies were in demand on Thursday’s trading session, with the BSE Auto index hitting a record high of 61,540. The index gained nearly 2 per cent in intra-day trades to extend its upward movement after the…
Source: Live Mint The Indian stock market registered an exceptional week, achieving historic record highs largely driven by a 50-basis-point (bps) rate cut by the US Federal Reserve, showing no significant concerns about the US economy. In the last week of September, investors will closely monitor key market triggers such as domestic and global macroeconomic…
Source: Business Standard 4 min read Last Updated : Sep 19 2024 | 10:29 AM IST TPCCrude oil: Middle East in focus Performance WTI crude oil had surged on Tuesday on the incident of pager blasts in Lebanon which killed eight people and injured hundreds; however, yesterday, it settled 0.83 per cent…
Source: Live Mint MUMBAI : State-run oil marketing companies (OMCs) are on course to see a marked improvement in their profitability, thanks to the recent drop in crude oil prices amid stable product prices. The average Brent crude price has dropped to about $70 per barrel in September so far from over $80 in August….
Source: Live Mint Brent crude futures have lost nearly 25 per cent year-to-date (YTD) over softer demand and a low-risk premium so far in 2024. At its lowest in the last nine months, the crude oil benchmark declined to a 33-month low at under $70 per barrel due to continued weakness in Chinese economic growth…
Source: Live Mint Oil prices increased by approximately 2% on Monday, driven by ongoing disruptions to U.S. Gulf oil infrastructure, which offset persistent concerns about demand following new data from China. Investors are also anticipating a potential reduction in U.S. interest rates later this week. By 1315 GMT, Brent crude futures for November rose by…
Source: Business Standard Market today: Indian benchmark indices– Sensex and Nifty– are likely to edge higher. At around 6:52 AM, GIFT Nifty futures were up 63.9 points at 25,436.5. Even though the trading will take place as usual today, the accounts will be settled on Tuesday, September 17, as per a notification of BSE….
Source: Live Mint The Indian stock market resumed its upward momentum and logged the best week since the end of June, largely supported by positive global cues ahead of a likely interest rate cut by the US Federal Reserve. In the third week of September, investors will closely monitor key market triggers such as new…
Source: Business Standard On the domestic macroeconomic front, retail inflation in August inched up to 3.65 per cent. (Photo: Reuters) 2 min read Last Updated : Sep 13 2024 | 10:37 AM IST The rupee appreciated by 5 paise to 83.91 against the US dollar in early trade on Friday supported by weakening of…
Source: Live Mint Indian stock market benchmarks witnessed a surprising decline last week after consolidating at all-time highs for 14 straight sessions dragged by weak global cues. In the second week of September, investors will closely monitor key triggers such as domestic and global macroeconomic data, including inflation in India and the US, foreign fund…
