Oil prices fell yesterday but posted strong gains for the week. Skepticism crept into the market after the US sanctions on Russia’s two biggest oil companies, Rosneft and Lukoil. These two companies together account for more than five per cent of global oil output. Yesterday, Brent crude futures dipped marginally to settle at 65 dollars … Read more
Benchmark domestic equity indices, Sensex and Nifty, began this week’s trading on a positive note. Both indices maintained upward momentum throughout the session and closed over 0.6 per cent up today. The Sensex increased 567 points to close at 84 thousand 779, while the Nifty advanced 171 points to settle at 25 thousand 966. Meanwhile, … Read more
Benchmark domestic equity indices, the Sensex and the Nifty, opened on a positive note today. However, the indices were unable to sustain their initial gains, lost momentum as the session progressed, and eventually closed moderately lower. The Sensex lost 151 points or 0.18 per cent to close at 84 thousand 628, while the Nifty fell … Read more
Benchmark domestic equity indices, Sensex and Nifty, extended their gains for the fourth consecutive week. Investors welcomed the start of Samvat 2082 with strong buying, but the enthusiasm faded later. Indices rallied on the next working day after Muhurat trading. The Sensex surged over 800 points in intraday trade on 23rd of this month but … Read more