Business

March 14, 2024 6:50 PM

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Crude Oil Futures Climb on IEA Demand Growth Revision

Crude oil futures rose today, as investors digested the International Energy Agency's (IEA) latest oil market report, in which it made a top revision for demand growth forecasts and cut its projection for non-OPEC supply in 2024. In intra-day trade, Brent crude was trading at 84 dollars and 67 cents...

March 14, 2024 5:31 PM

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S&P 500, Nasdaq Slip as Chipmaker Stocks See Profit Booking

The S&P 500 and Nasdaq ended lower yesterday as investors booked profits in chipmaker stocks, while they braced for producer price data and further clues on the inflation trend ahead of next week's Federal Reserve meeting.   Nasdaq Composite closed half of percent lower and S&P 500 fell...

March 13, 2024 7:06 PM

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Sensex plunges 906 points, Nifty settles at 21,998

Benchmark indices ended on a weak note on Wednesday with Nifty below 22,000 due to widespread selling pressure amid a sharp fall in smallcap and midcap indices. BSE Sensex crashed over 900 points to sink below the 73,000 level. The 30-share Sensex plunged 906 points or 1.23 per cent to close at 72,7...