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Source: Live Mint (Bloomberg) — Oil is on track to snap a five-session rally as key technical markers show gains driven by tightness in global physical crude markets may have gone too far. West Texas Intermediate fell more than 0.5% to below $74 a barrel, reversing earlier gains after futures were unable to breach a…
Source: Live Mint (Repeats column published earlier. No change to text.) LAUNCESTON, Australia, Dec 16 (Reuters) – China’s crude oil imports in November hit a 14-month high, but much of the additional volume is likely to have ended up in storage as refinery processing remained subdued. China, the world’s biggest crude importer, had a surplus…
Source: Live Mint Apollo Tyres Ltd.’s ride in CY24 so far has been tough. Its stock is up a mere 6%, significantly behind the Nifty Auto Index’s 26% returns. The company’s poor September quarter (Q2FY25) results indicate this wide gap is unlikely to be bridged soon. The company struggled with weak margins and muted demand…
Source: Live Mint Like the man, who would have been better off keeping the goose alive, investors are often safer diversifying into dividend stocks. These stocks tend to give comparatively stable income, capital growth at a milder pace (as compared to growth stocks), and also serve as a cushion during market downturns (as risk off…
Source: Live Mint The Nasdaq Composite index surged to an all-time high on Friday, mainly driven by tech stocks ahead of their earnings week. The Nasdaq Composite index gained 1.4 per cent, whereas the S&P 500 rose to a record high of 0.9 per cent and the Dow Jones Industrial Average rose 0.5 per cent…
Source: Live Mint The onset of the festive season didn’t bring the cheer India’s stock market investors had hoped for. They turned poorer by ₹11 trillion on record foreign investor outflows amid a sharp bounce back in Chinese stocks following recent fiscal and monetary stimulus measures, escalating tensions in West Asia, and expensive share valuations….
