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Brent crude oil gets cheaper by $3 per barrel in 2 days: 2 biggest reasons for the decline

Oil prices fell more than $2 a barrel Friday after two of the world’s biggest producers indicated they might increase output at next week’s OPEC meeting, while U.S. exports were threatened by potential Chinese tariffs on crude oil and refined products. Oil investors have been nervous ahead of the coming OPEC summit in Vienna. Saudi

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Sensex rebounds 200 points as IT stocks surge; TCS gains over 3% on share buyback

The BSE Sensex rebounded Domestic equity markets closed Friday’s rangebound trade session on a flat note with marginal gains. Market aided by robust buying in IT blue chips like Tata Consultancy Services and Infosys. Shares of IT giant TCS gained over 3 per cent after it approved a share buyback program of Rs 16,000 crore. TCS will

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NPA in India: Banks wrote off 4.8 lakh crore bad loans since 2009; check full list

In a major development, banks have largely written off a record Rs 1,44,093 crore of bad loans in the financial year ending March 2018. The figure has gone up by 61.8 per cent from Rs 89,048 crore in the previous fiscal, according to an Indian Express report. Of the amount, public sector banks have written

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Global cues drag Sensex 139 pts after Fed rate hike; Midcap outperforms; RIL at record close

The 30-share BSE Sensex recovered more than 100 points from day’s low in later part of the session, ending down 139.34 points at 35,599.82. The 50-share NSE Nifty managed to close the session above 10,800 levels, falling 48.70 points to 10,808. Benchmark indices ended volatile session in the red on Thursday as investors after digesting

Share Market
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Asian shares down on Federal Reserve hike, China-US trade anxiety

Asian shares edged down on Thursday after the Federal Reserve raised interest rates and took a more hawkish tone in forecasting a slightly faster pace of tightening for the rest of the year, while concerns about US-China trade frictions kept investors on edge. MSCI’s broadest index of Asia-Pacific shares outside Japan lost 0.25 percent in

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Nifty closes above 10,850, Sensex up 46 pts; IT, pharma outperform

All sectoral indices are trading in the green, with sharp gains seen in pharmaceuticals, IT and PSU banking space. The midcap index is trading higher by almost half a percent. The market erased all its morning gains and ended marginally higher with Nifty able to close above 10,850 and Sensex above 35,700 mark. Meanwhile, among

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Petrol diesel prices today

No cut in petrol, diesel prices today! After 14-day-long fall, fuel prices kept unchanged; check rates Petrol and diesel prices in India, after being cut for 14 straight days, have been kept unchanged for the first time since the rates surged to a record high on May 29. Petrol price in Delhi today is at Rs 76.43 per

bse Sensex
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Sensex ends the day over 200 points higher, Nifty around 10,850

The rangebound market ended at day’s high with the help of major pharma and banking names including SBI, Dr Reddy’s Lab, Cipla, Lupin and HDFC. The Sensex up 209.05 points at 35692.52, and the Nifty up 55.90 points at 10842.90. The market breadth was on advances side, with about 1426 shares have advanced, 1212 shares

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Trump-Kim meeting LIVE updates

US President vows to solve ‘big problem’, North Korea leader advocates for ‘peace’ Trump-Kim meeting LIVE updates: US President Donald Trump and North Korean leader Kim Jong-un have created history with an unprecedented summit that saw both of them shaking hands. Trump and Kim are now participating in a one-on-one meeting, after initial greeting, and

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Closing Bell: Stock Market ends with marginal gains

Market ends with marginal gains, Nifty below 10,800; Bharti Airtel, Sun Pharma top gainers. Benchmark indices erased all its morning gains in the final hour of trading as some selling pressure was seen in metal, energy, realty stocks which pulled the Nifty below 10,800. The Sensex was up 39.80 points at 35,483 and the Nifty