Page 12 - Brent Crude
Brent crude dips 3.4% to $109.22 as IMF cuts global growth outlook
Brent crude was down $3.94, or 3.4%, to $109.22 a barrel at 1338 GMT, having risen more than $1 to $114.21 earlier in the session
 "Brent crude dips 3.4% to $109.22 as IMF cuts global growth outlook")
Indices fall for 5th day; Sensex cracks 703 pts, Nifty gives up 17,000
CLOSING BELL: Reliance Industries (RIL; up 3.5 per cent) was the top gainer on the 30-pack index. he draggers on the index were HDFC (down 6 per cent), HDFC Bank (down 4.2 per cent)
 "Indices fall for 5th day; Sensex cracks 703 pts, Nifty gives up 17,000")
Oil steady despite Libya supply drop, Shanghai preparing to reopen
Brent crude futures rose 21 cents, or 0.2%, to $113.37 a barrel at 0020 GMT, while U.S. West Texas Intermediate (WTI) crude futures slipped 2 cents to $108.19 a barrel
 "Oil steady despite Libya supply drop, Shanghai preparing to reopen")
Sensex sinks 1,172 pts, Nifty below 17,200; Infosys tanks 7%, HDFC Bank 5%
CLOSING BELL: Dismal March quarter earnings by HDFC Bank & Infosys, coupled with fears of aggressive rate hikes amid rising inflation, soaring bond yields, & resurgence in Covid-19 cases hit sentiment
 "Sensex sinks 1,172 pts, Nifty below 17,200; Infosys tanks 7%, HDFC Bank 5%")
Oil slips on fears over slowing China demand, Ukraine crisis
Brent crude fell 19 cents, or 0.2%, to $111.51 a barrel at 0825 GMT, sliding from the highest since March 30 of $113.80 hit earlier in the session.
Investors' wealth tumbles over Rs 3.39 trillion as markets plunge
The BSE benchmark index tanked 1,291.93 points to 57,047 in morning trade after a weak opening
 "Investors' wealth tumbles over Rs 3.39 trillion as markets plunge")
Rupee declines 24 paise to 76.43 against US dollar in early trade
The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.18 per cent to 100.67
 "Rupee declines 24 paise to 76.43 against US dollar in early trade")
Oil prices rise on supply concerns as Russia-Ukraine crisis deepens
Brent futures were up $1.50, or 1.3%, at $113.20 a barrel at 0030 GMT, and U.S. West Texas Intermediate futures rose 98 cents, or 0.9%, to $107.93 a barrel
 "Oil prices rise on supply concerns as Russia-Ukraine crisis deepens")
Oil prices edge higher ahead of long weekend on Russian supply woes
Brent futures were up 42 cents, or 0.4%, at $109.17 a barrel, while US West Texas Intermediate futures were 23 cents or 0.22% higher at $104.39 a barrel at 1223 ET or 1622 GMT
Sensex drops 483 pts as yields hit 3-yr high; IT stks drag, Paytm leaps 12%
CLOSING BELL: More than 20 of the 30 Sensex stocks and 30 of the 50 Nifty counters ended in the negative zone. These included HCL Tech, Infosys, L&T, Wipro, Asian Paints, HDFC, and HDFC Bank
 "Sensex drops 483 pts as yields hit 3-yr high; IT stks drag, Paytm leaps 12%")
Oil slips as IEA nations ready big release from reserves
Oil futures edged lower on Wednesday following a surprising rise in US crude stocks and after news that large consuming nations would also release oil from reserves in conjunction with US
 "Oil slips as IEA nations ready big release from reserves")
Sensex ends near day's low, dips 435pts; Nifty below 18K; HDFC Bank down 3%
CLOSING BELL: Mixed global cues, rising bond yields globally, and an uptick in oil prices also dented the sentiment
 "Sensex ends near day's low, dips 435pts; Nifty below 18K; HDFC Bank down 3%")
Sensex sprints 1,335 points, Nifty tops 18,050; HDFC twins jump up to 10%
CLOSING BELL: Besides, Kotak Bank, HUL, IndusInd Bank, Tata Steel, L&T, and Sun Pharma were the other top gainers
 "Sensex sprints 1,335 points, Nifty tops 18,050; HDFC twins jump up to 10%")
Oil benchmarks on course for biggest weekly losses in 2 years
The benchmark Brent and WTI contracts were both on course for their biggest weekly falls in two years at 13% and 12%, respectively
Goldman Sachs cuts 2022 FPI flow projection to India by over 80% to $5 bn
Equity inflows over the last three years from 2019-2021, according to a note by BofA Securities, totaled over $40 billion, out of which nearly $14 billion has left in the first quarter of 2022
 "Goldman Sachs cuts 2022 FPI flow projection to India by over 80% to $5 bn")
Amid record high prices, are industrial metals the new oil in India?
Data providers such as Reliance Jio, Airtel and large tech startups such as Flipkart, Paytm have yet to earn big profits, while metal giants are becoming important in an emerging low-carbon world
 "Amid record high prices, are industrial metals the new oil in India?")
Sensex soars 740 pts; Nifty nears 17,500; banks, auto shine, metals sink
CLOSING BELL: Reliance Industries, HDFC twins, ICICI Bank, and Bajaj Finance lifted the benchmark S&P BSE Sensex 740 points higher to end at 58,684
 "Sensex soars 740 pts; Nifty nears 17,500; banks, auto shine, metals sink")
Oil slides more than $5 on concerns of weaker Chinese demand
Brent crude futures slid as low as $115.32 a barrel and were trading down $4.53, or 3.7%, at $116.12 at 0943 GMT.
 "Oil slides more than $5 on concerns of weaker Chinese demand")
Sensex rises 768 pts from day's low, ends 231 pts up; Inox Leisure adds 12%
CLOSING BELL: Bharti Airtel, up 4 per cent, was the top gainer on the Nifty50 index, followed by Coal India, Axis Bank, Eicher Motors, ITC, SBI, ICICI Bank, HUL,IndusInd Bank, and Power Grid
Oil slips as Kazakh supply concerns ease, EU at odds on Russia embargo
Brent crude fell $1.29, or 1.1%, to $117.74 a barrel at 1049 GMT and U.S
 "Oil slips as Kazakh supply concerns ease, EU at odds on Russia embargo")