New Delhi, April 28 (IANS) The first liquefied natural gas (LNG) shipment, since the West Asia conflict began on February 28, appeared to have traversed the Strait of Hormuz, signalling a potential breakthrough at a key global energy chokepoint, reports said on Tuesday, citing ship-tracking data.The LNG tanker Mubaraz — which loaded cargo from Abu Dhabi National Oil Co’s Das Island facility in early March — was passing the southern tip of India, according to the ship-tracking data.The vessel…
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Mumbai, April 28 (IANS) Domestic equity markets traded lower in early morning session on Tuesday as investors remained cautious amid persistent geopolitical tensions between the US and Iran.Sensex declined as much as 0.42 per cent or 330 points to hit an intraday low of 76,973, while Nifty slipped 0.38 per cent, or 93 points, to trade at 23,999 in the early hours.On the sectoral front, Nifty PSU Bank, Nifty Private Bank, Nifty Pharma, Nifty Healthcare and Nifty FMCG indices were among the top la…
Mumbai, April 27 (IANS) Indian stock markets traded higher in early deals on Monday, with benchmark indices surging about 0.6 per cent each, driven by positive global cues. Sensex traded at 77,121.97, up 0.59 per cent or 457 points in early trade, while Nifty climbed to 24,047, rising 150 points or 0.62 per cent from the previous close, led by buying in realty, pharma, IT, auto, and banking stocks.However, Axis Bank, Shriram Finance, and Bajaj Finance were among the top laggards.Earlier in the s…
Mumbai, April 24 (IANS) The domestic equity markets saw negative performance in early hours on Friday amid elevated geopolitical tensions and the Q4 earnings season.Sensex was trading at 77,263, down 0.51 per cent or 400 points, while Nifty was down 0.41 per cent, or 100 points, in early trade amid panic selling in IT, financial and pharma stocks. However, support was seen in FMCG and chemical scrips.Cipla, Infosys, Dr Reddy’s Laboratories, Sun Pharma, TCS and ICICI Bank were among the top lag…
Mumbai, April 21 (IANS) The Indian stock markets traded higher in early deals on Tuesday, supported by hopes of a peace deal between the United States and Iran, along with a decline in crude oil prices.Sensex rose 0.56 per cent, or 445 points, to hit an intra-day high of 78,966, while Nifty climbed 0.48 per cent or 118 points to 24,483, amid buying in realty, banking, metal, consumer durables and chemical stocks.Sectorally, Nifty Realty, Nifty Private Bank, Nifty Metal, Nifty Consumer Durables, …
Mumbai, April 9 (IANS) Gold and silver prices declined on Thursday despite fresh geopolitical tensions following reports of Israel attacking Lebanon’s Hezbollah.On the Multi Commodity Exchange (MCX), gold futures (June 5) fell as much as 0.74 per cent or Rs 1,129 to Rs 1,50,647, hitting an intraday low at around 10:40 AM. The yellow metal was later trading at Rs 1,51,113, down Rs 663 or 0.44 per cent. It touched an intraday high of Rs 1,51,452.Meanwhile, silver futures (May 5) also witnessed s…
Mumbai, April 9 (IANS) The Indian equity markets opened on a cautious note on Thursday after witnessing a sharp rally in the previous session. Benchmark indices declined amid investor concerns over escalating geopolitical tensions, as reports suggested that Israel had attacked Lebanon’s Hezbollah, raising fears of a possible disruption in the Strait of Hormuz.Sensex traded 560 points or 0.72 per cent lower at 77,003, hitting an intra-day low in early trade, while Nifty fell as much as 182 poin…
New Delhi, April 6 (IANS) International crude oil prices traded higher on Monday as persistent fears of supply disruptions in West Asia kept markets on edge, with the ongoing US-Israel-Iran conflict weighing on sentiment.Brent crude futures rose as much as 2.01 per cent or $2.2, to $111.23 per barrel, hovering near a 52-week high. Similarly, US West Texas Intermediate (WTI) crude gained 3.53 per cent or about $4 to $115.48 by 10.20 am.On the domestic front, crude oil futures on the Multi Commodi…
Mumbai, April 1 (IANS) Domestic stock markets on Wednesday opened sharply higher with a gap-up start, tracking positive global cues from the US and Asian markets amid hopes of de-escalation in the West Asia conflict — now in the 33rd day of the conflict.The 50-scrip Nifty opened at 22,899, rising 567 points or 2.54 per cent, while Sensex began the session up 1,814 points, or 2.52 per cent, at 73,762.43.Sector-wise, all indices traded in green, led by gains in banking, auto and IT stocks. On the…
New Delhi, March 11 (IANS) Gold and silver prices eased on Wednesday as investors booked profits, though a softer US dollar and lingering geopolitical uncertainty capped the decline.MCX gold April futures lost 0.52 per cent to Rs 1,62,452 per 10 grams around 11.15 am on an intraday basis. Meanwhile, MCX silver May futures declined 1.69 per cent to Rs 2,73,150 per kg.The profit booking followed the MCX gold April futures contract rising almost 2 per cent and the silver May futures surging 4 per c…