Mumbai, March 6 (IANS) The Indian equity markets posted losses in early trade on Friday tracking global weakness, crude oil prices amid tensions in the Middle East.As of 9.28 am, Sensex lost 365 points, or 0.46 per cent, to reach 79,650 and Nifty dipped 103 points, or 0.42 per cent to reach 24,662.Main broad-cap indices showed divergence with the benchmark indices, as the Nifty Midcap 100 added 0.30 per cent, and the Nifty Smallcap 100 gained 0.45 per cent.All sectoral indices traded in red exce…
Latest Oil and Gas News & Updates
Mumbai, March 3 (IANS) The Bombay Stock Exchange and the National Stock Exchange will remain closed on Tuesday on account of the Holi festival.Trading in equities, equity derivatives, securities lending and borrowing and interest rate derivatives will be suspended for the day, exchanges said on Tuesday. Commodity derivatives will be closed in the morning and open for the evening session.On Monday, Sensex lost 1,048 points, or 1.29 per cent, to reach 80,238 and Nifty dropped 312 points, or 1.24 p…
Washington, Feb 11 (IANS) President Donald Trump said the United States is allowing private companies to build their own power plants to meet what he described as massive electricity demand driven by artificial intelligence.In an interview with Fox Business’s Larry Kudlow, Trump said AI infrastructure requires unprecedented energy capacity.“AI, for whatever reason, needs massive amounts of electricity, right? More electricity than the entire country produces right now by double,” he said.T…
New Delhi, Jan 28 (IANS) India’s strategic mergers and acquisitions (M&A) deal value rose 42 per cent (year-on-year) to $113 billion in 2025, a new report showed on Wednesday.The growth was driven primarily by robust domestic dealmaking, which accounted for 60 per cent of total deal value, alongside a sharp increase in inbound activity, up more than 300 per cent year on year. Foreign investors continued to target financial services and technology assets, according to Bain & Company in …
Mumbai, Jan 10 (IANS) The Indian equity benchmarks closed this week down around 2.5 per cent, continuing decline through five sessions amid persistent uncertainty over the US-India tariff talks and escalating geopolitical tensions.Profit-booking in autos, metals, and oil and gas weighed on indices during the week, while selective buying in consumer durables, on hopes of a demand revival, offered brief respite.Nifty dipped 2.45 per cent this week and 0.75 per cent on the last trading day to end a…
New Delhi, Jan 9 (IANS) The government on Friday said that it is aware of the US bill that proposes to raise tariffs on countries buying energy products, including oil, from Russia to at least 500 per cent, adding that it is dealing with the issue with “great care”.Emphasising that ensuring stable energy prices and secured supplies have been the twin goals of the country’s energy policy, Ministry of External Affairs (MEA) spokesperson Randhir Jaiswal said during a weekly briefing that the coun…
Mumbai, Jan 9 (IANS) The Indian equity markets slipped for the fifth consecutive session on Friday, weighed down by sustained foreign outflows and increasing uncertainties about the trade deal between India and the US and fresh tariff threats.At the closing bell, the Sensex lost 605 points, or 0.72 per cent, and settled at 83,576. The Nifty had edged down by 193.5 points, or 0.75 per cent, to close at 25,683.Investors remained cautious ahead of a US Supreme Court ruling regarding the legality of…