SGX Nifty Signals A Positive Start For Indian Market
Foreign institutional investors snapped their seventeen-day sales run, purchasing 2.11 billion rupees ($25.85 million) worth of equities on a net basis on Tuesday. They had sold shares worth 246.51 billion rupees ($3.02 billion) since 23 December 2022.
BSE Sensex Soared 562 Points & Nifty Ended Above 18,050
Oil and gas stocks were up as much as 0.53 percent after the country, a major consumer and importer of oil, cut a windfall tax on crude oil and exports of aviation turbine fuel and diesel...
Stock Market Update: SGX Nifty Indicates A flat Opening
Government of India cuts windfall tax on crude oil and Aviation fuel to Rs 1900 per tonne. Thus, stocks like Reliance, ONGC, BPCL and IOC are likely to be in focus.....
SGX Nifty Signals A Negative Start
Indian shares were lower in early trades on Tuesday, tracking other Asian stocks after hawkish comments from Federal Reserve officials against inflation.
Market at Close: Sensex Slumps 304 Points In Volatile Trade; Nifty Below 18,000
Crude oil prices jumped on Thursday, rebounding after marking the worst yearly start in three decades. The commodity prices opened more than nine per cent lower in 2023. Brent crude futures were nearly one per cent up at $78.6 per barrel at the last count. WTI futures jumped 1.2 per cent to $73.7 per barrel at the last count.
Opening Bell: Sensex, Nifty Open In Green On 5 Jan
WTI Crude oil fell for the second straight session of the New Year as demand concerns weighed. Crude fell more than 5.30 per cent as it ended the session near $73/bbl. In today’s early session crude is trading around a percent higher. The COVID-19 situation in China and its impact on demand from the world’s largest importer of oil is continuing to haunt the markets.
Market at Close: Indian Equity Indices Ended Wednesday’s Session In The Red Territory
India has raised windfall tax on petroleum, crude oil and aviation turbine fuel, according to a government order dated January 2. Coal India ends three percent lower after company announces 19 percent minimum wage hike. HPCL rises while ONGC slips following a four percent fall seen in crude.
Opening Bell: Indian Nifty 50 Below 18,128 & Sensex Down 340.45 Points
Shares of oil companies are in focus as government announces hike in windfall tax. It is expected to add 6,000 barrels of crude oil per day to the ONGC’s production in the coming days..
Closing Bell: Sensex & Nifty End Higher In Green
Shares of oil companies are in focus as government announces hike in windfall tax. It is expected to add 6,000 barrels of crude oil per day to ONGC’s production in the coming days.
Opening Bell: Indian indices opened marginally lower on January 3
India has raised windfall tax on petroleum, crude oil, and aviation turbine fuel. It raised the windfall tax on crude oil to Rs 2,100 ($25.38) per tonne from Rs 1,700 ($20.55), effective on Tuesday.
