Page 38 - Crude Oil Price
Sensex jumps 346pts, Nifty nears 17,100; Adani Enterprises soars 9%, ZEE 3%
CLOSING BELL: Adani Enterprises, Adani Ports, JSW Steel, Eicher Motors, HCL Tech, Bajaj Auto, Ultratech Cement, Tata Motors, and Hero MotorCorp were the large-cap winners
 "Sensex jumps 346pts, Nifty nears 17,100; Adani Enterprises soars 9%, ZEE 3%")
Sensex, Nifty end flat amid tepid trading session; Adani group stocks slide
CLOSING BELL: The S&P BSE Sensex ended 40 points lower, while the Nifty50 was down 34 points. Shares of Adani Group tumbled up to 7 per cent, with Adani Enterprises leading the fall.
 "Sensex, Nifty end flat amid tepid trading session; Adani group stocks slide")
Sensex, Nifty trim gains amid late sell-off; RIL shines, auto stocks whine
CLOSING BELL: The S&P BSE Sensex ended 127 points higher; Among the broader indices, the Smallcap index tumbled 1.6 per cent.
 "Sensex, Nifty trim gains amid late sell-off; RIL shines, auto stocks whine")
Sensex sinks 398 pts, Nifty below 16,950 as STT hike, global cues weighs
CLOSING BELL: The debt mutual fund (Debt MF) investors will no longer receive the long-term capital gain tax benefit. Moreover, the Centre also hiked the STT on the sale of F&O contracts
India's external situation stable, says CEA V Anantha Nageswaran
G20 second framework working group meeting to discuss global macroeconomic issues
 "India's external situation stable, says CEA V Anantha Nageswaran")
Sensex snaps 2-day winning run, slips 289pts; Nifty below 17100; banks fall
CLOSING BELL: Selling in heavyweights like SBI (down 2 per cent), HCL Tech, Infosys, Reliance Industries, HDFC Bank, HDFC, and ICICI Bank weighed on the benchmarks
Crude oil price decline should lead to lower petrol prices: Congress
The Congress has demanded that the Centre transfer the benefits of declining crude oil prices to the consumers
 "Crude oil price decline should lead to lower petrol prices: Congress")
Sensex rises 140 pts, Nifty holds 17,100 ahead of US Fed outcome; PSBs lead
CLOSING BELL: Sectorally, the Nifty Pharma index advanced 1 per cent, followed by the Nifty PSU bank added 0.8 per cent.
 "Sensex rises 140 pts, Nifty holds 17,100 ahead of US Fed outcome; PSBs lead")
Sensex leaps 446 pts, Nifty tops 17,100 as RIL, Bajaj Fin gain 3%; IT slips
CLOSING BELL: The market breadth was firmly in the favour of buyers as the broader markets, too, rose in tandem with the benchmark indices
 "Sensex leaps 446 pts, Nifty tops 17,100 as RIL, Bajaj Fin gain 3%; IT slips")
MCX Crude Oil may break Rs 5,000-mark; Natural Gas remains weak
The MCX Crude Oil futures seem on course to test the 200-WMA placed at Rs 5,000. However, given the indications from momentum oscillators, the commodity may break the support level.
 "MCX Crude Oil may break Rs 5,000-mark; Natural Gas remains weak")
Banking crisis triggers oil price fall; temporary phenomenon, say analysts
Crude Oil prices declined by 10 per cent in the last 7 days - from $80.6 per barrel (Brent oil) on March 13
 "Banking crisis triggers oil price fall; temporary phenomenon, say analysts")
Sensex gyrates 744 pts, ends 361 pts down; Nifty below 17K; HUL, ITC shine
CLOSING BELL: For better part of the day, equity markets roiled in global rout as fears of a contagion banking sector failure soured sentiment
 "Sensex gyrates 744 pts, ends 361 pts down; Nifty below 17K; HUL, ITC shine")
Parikh panel's plan to link gas prices to global crude comes a cropper
When the suggestion was made, crude was at a huge discount to gas; but now, with the unpredictable course of fossil fuel prices playing spoilsport, govt may be forced to do a rethink
 "Parikh panel's plan to link gas prices to global crude comes a cropper")
Banks, IT lift Sensex 355 pts higher, Nifty atop 17,100; auto, pharma dip
CLOSING BELL: IT major TCS ended marginally in red amid high volatility a day after Gopinathan's resignation. In the broader markets, realty stocks also ended with solid gains.
 "Banks, IT lift Sensex 355 pts higher, Nifty atop 17,100; auto, pharma dip")
BPCL, HPCL, IOC: Brent crude fall may trigger short-term rally in OMCs
BPCL, HPCL and IOC may rise up to 11 per cent in coming sessions, and if they manage to sustain their upward rally, medium-term bias may strongly shift in bull's favour.
 "BPCL, HPCL, IOC: Brent crude fall may trigger short-term rally in OMCs")
FMCG, select banks help Sensex, Nifty snap 5-day losing streak; Metals dip
CLOSING BELL: Nestle, Titan, Hindustan Unilever and Asian Paints were the major gainers among the Sensex-30 pack; while Tata Steel, IndusInd Bank and Bharti Airtel were the top losers.
 "FMCG, select banks help Sensex, Nifty snap 5-day losing streak; Metals dip")
OMCs in focus as crude oil hits 1-year low; BPCL, HPCL surge up to 5%
With this decline in crude prices analysts expect marketing margins of HPCL, BPCL and IOCL to improve further.
 "OMCs in focus as crude oil hits 1-year low; BPCL, HPCL surge up to 5%")
Sensex falls for 5th straight day, ends 344 pts down; Nifty breaks 17,000
CLOSING BELL: The Nifty 50 ended below the 17,000-mark for the first time since October 11, 2022. The NSE benchmark has now shed 630 points in the last five trading sessions.
 "Sensex falls for 5th straight day, ends 344 pts down; Nifty breaks 17,000")
Oil prices recoup losses after OPEC upgrades China demand outlook
The Organization of the Petroleum Exporting Countries (OPEC on Tuesday further raised its forecast for Chinese oil demand growth in 2023 due to the relaxation of the country's COVID-19 curbs
 "Oil prices recoup losses after OPEC upgrades China demand outlook")
Sensex sheds 338 pts, Nifty ends near 17,050; IT, Adani Group stocks tumble
Stock market live updates: As of 7:45 am, the SGX Nifty stood at 17,208 levels, up 28-odd points
 "Sensex sheds 338 pts, Nifty ends near 17,050; IT, Adani Group stocks tumble")