Business

May 6, 2024 6:38 PM

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Oil Futures Rise on Saudi Price Increase and Middle East Tensions

Oil futures rose today following Saudi Arabia's decision to raise June crude prices for most regions. Additionally, concerns over the slim prospect of a Gaza ceasefire deal renewed fears that the Israel-Hamas conflict could escalate, heightening tensions in the key oil-producing region.   The Brent ...

May 5, 2024 7:00 PM

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Foreign investors infuse Rs 1,156 cr in 1st two trading sessions of May

Adopting a cautionary stance, foreign investors infused 1,156 crore rupees in the first two trading sessions of May. As per depositories data, Foreign Portfolio Investor (FPIs) invested 1,156 crore rupees in equities and sold 1,726 crore rupees in debt this month. This came after FPIs pulled out equ...

May 3, 2024 6:07 PM

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Nifty tanks 172 pts; Sensex settles below 74,000

Equity benchmark indices ended lower today amid a broad-based selloff with Sensex settling below the 74,000 level and Nifty retreating from a record high as investors pared exposure to telecom, capital goods and tech stocks.   The 30-share BSE Sensex plunged 733 points or 0.98 per cent to settle at ...

May 2, 2024 6:19 PM

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BSE Sensex Gains 128 Points & Nifty also Rises 43 Points

Benchmark indices rebounded and ended higher in the volatile session today with Nifty around 22,650 as record GST collections in April, positive manufacturing data, and foreign fund inflows boosted investor sentiment. The 30-share BSE Sensex rose 128 points or 0.17 per cent to close at 74,611 points...

May 2, 2024 6:16 PM

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Gold Prices Dip in Futures Market, Silver Also Records Decline

Gold prices declined today in the futures market. The precious metal was lower by 40 rupees, or 0.06 per cent, trading at 70,685 rupees per ten grams. Silver futures for July contracts were down by 429 rupees, or 0.53 per cent, trading at 80,798 rupees per kilogram, when the reports last came in. In...

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