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May 1, 2024 5:40 PM

Crude Oil Falls Over 1% Amid West Asia Ceasefire Hopes

Crude Oil slipped more than one per cent today, losing ground for a third straight session on hopes of a ceasefire agreement in the West Asia.   The Brent Crude oil futures was down by 1.25 per cent to trade at 85 dollar and 25 cents, whereas Western Texas Intermediate was lower by 1.38 per cent ...

May 1, 2024 5:23 PM

US Stocks Drop on Higher Labor Costs and Weaker Consumer Sentiment

Key US stocks ended lower yesterday as investors assessed economic indicators revealing increased labour expenses and declining consumer sentiment, coinciding with a pivotal Federal Reserve policy meeting focused on interest rate direction. The S&P 500 lost 1.56 per cent, Nasdaq Composite dec...

April 30, 2024 6:24 PM

Equity Indices Close Lower on Fag-End Sell-Off; Nifty Hits All-Time Peak Midday

Equity benchmark indices ended lower today as a fag-end sell-off wiped out early gains amid a mixed trend in global markets.   Snapping its two-day winning run, the 30-share BSE Sensex slipped 188.50 points or 0.25 percent to settle at 74,483. During the day, it had rose 440.11 points or 0.58 per...

April 30, 2024 6:21 PM

Key Asian and European Stock Markets Show Mixed Performance Today

Key Asian stocks ended mixed today. Japan's Nikkei-225 gained 1.23 percent, Singapore's Straits Times index jumped 0.32 percent, South Korea's Kospi rose 0.17 percent and Hong Kong's Hang Seng Index soared 0.09 percent. Whereas China's Shanghai Composite index fell 0.26 percent.   Major European ...

April 30, 2024 6:21 PM

Oil Prices Hold Steady Amid Israel-Hamas Talks and US Interest Rate Focus

Oil steadied today as Israel-Hamas talks offered hopes of a ceasefire even as Red Sea attacks continued, while investors awaited signals on US interest rates ahead of a key meeting this week.   The Brent Crude oil futures was up by 0.28 percent at 88 dollar and 65 cents, whereas Western Texas Int...

April 30, 2024 5:43 PM

Gold Prices in Futures Market Decline by 0.82%, Silver Futures Lower by 1.34%

Gold prices slipped today in the futures market. The precious metal was down by 590 rupees, or 0.82 per cent, trading at 71,012 rupees per ten grams. Silver futures for July contracts were lower by 1,108 rupees, or 1.34 per cent, trading at 81,375 rupees per kilogram, when the reports last came in. ...

April 30, 2024 5:35 PM

US Stocks Close Higher on Optimism Ahead of Federal Reserve Policy Meeting

US stocks ended higher yesterday with sharp gains for industry heavyweights, as investors looked toward what the Federal Reserve would say about the interest rate outlook after its policy meeting this week.    The Dow Jones Industrial Average rose 0.38 percent, the S&P 500 gained 0.32 percen...

April 29, 2024 6:20 PM

Sensex and Nifty Rise; ICICI Bank Leads Gains, HCL Technologies Declines

Benchmark indices returned to their winning ways after a one-day hiatus, led by strong buying action in banks and infra shares amid positive global sentiments.   The BSE Sensex soared 941 points or 1.28 percent to settle at 74,671 points, while the Nifty-50 rose 223 points or one percent to close...

April 29, 2024 6:08 PM

Oil Prices Stable Amid Israel-Hamas Talks and US Inflation Data

Oil prices remain steadied today as Israel-Hamas peace talks in Cairo tempered fears of a wider conflict in the West Asia, while US inflation data dimmed the prospects of interest rate cuts anytime soon.   The Brent Crude oil futures was lower by 0.45 percent at 89 dollar and 10 cents, whereas We...

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