Bharat Express

Stock Market

Indian shares were lower in early trades on Tuesday, tracking other Asian stocks after hawkish comments from Federal Reserve officials against inflation.

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.

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.

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..

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: SGX Nifty signals a positive start. Indian shares opened higher on Friday in the final session of 2022, aided by an uptick in IT stocks, tracking gains in global equities. BSE thirty share surged 110 points to 61,256.57 while NSE Nifty50 went up to 30 points to 18,234.15. Nifty bank is trading 0.18 …

Benchmark indices erased all the intraday losses and turned positive amid volatility ahead of F&O expiry.

Intraday volatility will be a factor in today's session ahead of the expiry of the December derivatives series, the last series of 2022, as traders settle their futures and options contracts.

Closing Bell: Equity benchmarks declined in initial trade on Wednesday after rallying in the past two days amid mixed trends in global markets and foreign fund outflows. The equity markets closed flat with Nifty settling at 18,122 while Sensex Slips 17 Points or 0.03 percent at 60,910. The 30-share BSE Sensex declined 213.66 points to …

Elon Musk's bankers are considering replacing some of the high-interest debt he layered on Twitter with new margin loans backed by Tesla stock that he would be personally responsible for repaying.