Mumbai, July 28 (IANS) Domestic equity benchmark indices opened on a muted note on Tuesday, tracking weak cues from Asian markets after a sharp selloff in global semiconductor stocks.Sensex opened at 76,831.75, down 4 points or 0.01 per cent, while Nifty started the session at 23,971.25, lower by 24.70 points or 0.10 per cent.Sectorally, IT stocks led the gains in early trade, with Nifty IT surging 2 per cent. Nifty MidSmall IT & Telecom advanced 1 per cent, while realty, healthcare and phar…
Latest Brent crude News & Updates
New Delhi, July 27 (IANS) Global crude oil prices witnessed heavy selling pressure on Monday, with key oil benchmarks plunging up to 7 per cent after the United States and Iran paused military strikes over the weekend.International benchmark Brent crude fell more than 7 per cent or about $7 to hover around the $91-a-barrel mark.On the other hand, US West Texas Intermediate (WTI) crude also declined over 7 per cent, shedding around $6.4 to trade below $85 a barrel.The sharp decline came after Ira…
Mumbai, July 27 (IANS) Domestic equity benchmark indices opened higher on Monday, supported by a sharp decline in crude oil prices.Sensex started the session 549.21 points or 0.72 per cent higher at 76,608.98, while Nifty gained 160.95 points or 0.68 per cent to 23,928.40.All sectoral indices traded in positive territory during the opening session.Nifty MidSmall Financial Services index emerged as the top gainer, rising 1.29 per cent, followed by Nifty IT, which advanced 1.25 per cent. Nifty Med…
Mumbai, July 26 (IANS) The weakening of the global chip trade is a positive news for India as foreign portfolio investor (FPI) equity investment through July 24 stood at Rs 14,945 crore, of which Rs 3,167 crore was through exchanges and Rs 11,778 crore through the primary market.Debt inflows continue to be robust. This is partly in response to the debt taxation reforms announced by the government. This month, so far, FPIs continued to be big sellers in markets like South Korea and Taiwan, said a…
Mumbai, July 25 (IANS) Gold prices surged 1.31 per cent on a weekly basis as escalating conflict between the US and Iran, along with a surge in crude oil prices, prompted a flight to safe-haven assets.On Friday, MCX gold August futures gained 0.17 per cent while MCX silver September futures advanced 1.33 per cent. Gold futures settled at Rs 1,43,066, while silver futures at Rs 2,22,301 per kg on the commodity exchange.The price of 10 grams of 24-carat gold was at Rs 1,43,781 on Friday from Rs 1,…
Mumbai, July 25 (IANS) Foreign institutional investors (FIIs) continued to remain net seller in the Indian stock markets this week, offloading Rs 7,180 crore based on provisional exchange data.On the other hand, domestic institutional investors (DIIs) were net buyers, purchasing Rs 8,640 crore this week. “Foreign Institutional flows are likely to remain volatile until there is greater clarity on the geopolitical situation and sustained stability in crude oil prices, which will be key to restor…
New Delhi, July 24 (IANS) Global crude oil prices remained elevated on Friday, with trading above the $100-per-barrel mark amid escalating geopolitical tensions in the Gulf, raising concerns over global energy supplies.International benchmark Brent crude rose 0.43 per cent or 44 cents to remain above the $100-a-barrel level, while US West Texas Intermediate (WTI) crude gained 0.69 per cent or 64 cents to $92.83 a barrel.In the domestic market, crude oil futures for August delivery on the Multi C…
Mumbai, July 24 (IANS) Domestic equity markets opened lower on Friday, with benchmark indices declining almost 1 per cent each amid heightened global uncertainty and a surge in crude oil prices, with Brent crude crossing the $100-per-barrel mark.Sensex opened 683.20 points or 0.89 per cent lower at 75,708.19, while Nifty declined 203.25 points or 0.85 per cent to 23,666.35.All sectoral indices traded in the red, with realty, metal and financial stocks witnessing the sharpest declines.Nifty Realt…
New Delhi, July 23 (IANS) Global crude oil prices surged more than 2 per cent on Thursday, with Brent crude climbing above $96 a barrel after Iran-backed Houthi militants claimed responsibility for attacks on two Saudi Arabian oil tankers in the Red Sea, raising concerns over global supply disruptions.International oil benchmark Brent crude rose 2.5 per cent or $2.42 to trade above $96 a barrel, building on its six-week high from the previous session.Similarly, US benchmark West Texas Intermedia…
Mumbai, July 23 (IANS) Domestic equity benchmarks opened lower on Thursday amid weak global cues and rising geopolitical tensions in West Asia.Sensex opened at 76,515.10, down 239.95 points or 0.31 per cent, while Nifty started the session at 23,904.80, slipping 91.45 points or 0.38 per cent.Sector-wise, Nifty Oil & Gas was the worst performer, declining nearly 1 per cent. It was followed by Nifty Pharma, Nifty Realty, Nifty PSU Bank, Nifty 500 Healthcare, Nifty Cement and Nifty Private Bank…