Aug 30, 2015 at 11:44 | Source: PTI
In the trading week gone by, volatility ruled. In weekly terms, the Sensex lost 973.69 points, or 3.55 percent, and the NSE Nifty 298 points, or 3.59 percent. However, the markets staged a smart recovery, with the Sensex closing in the green.
Aug 28, 2015 at 20:18 | Source: Reuters
OPEC delegates, including those from core Gulf OPEC countries, see economic troubles in top energy consumer China as short term and unlikely to have much impact on demand for crude which will rise seasonally in the fourth quarter.
Aug 28, 2015 at 17:39 | Source: CNBC-TV18
India should take advantage of Chinas weakness, says RK Krishnakumar, Member of Tata Trusts. Shereen Bhan caught up with him and spoke to him about the global turmoil in equities and commodities.
Aug 28, 2015 at 15:14 | Source: CNBC-TV18
The key risks to the price forecast are Iran and Libya returning to the market, says Miswin Mahesh, energy analyst from Barclays.
Aug 28, 2015 at 13:22 | Source: Moneycontrol.com
Way2Wealth has recommended to Buy MCX Crude oil Sep around Rs 2753 with a stop loss of Rs 2695 for the target price of Rs 2856, in its research report dated Aug 29, 2015.
Aug 28, 2015 at 13:08 | Source: Moneycontrol.com
According to Sushil Finance, crude oil prices to trade sideways on the back of rising crude oil production and short covering.
Aug 28, 2015 at 12:53 | Source: Reuters
Gross domestic product expanded at a 3.7 percent annual pace instead of the 2.3 percent rate reported last month, the Commerce Department said on Thursday in its second GDP estimate for the April-June period.
Aug 28, 2015 at 11:53 | Source: Reuters
US crude futures are on track for their first weekly gains in 11 weeks, ending the longest losing streak since 1986. Brent crude is on track for its first weekly gain in two weeks.
Aug 28, 2015 at 09:00 | Source: CNBC-TV18
Other sectors to watch out for in trade today are housing finance and crude companies.
Aug 28, 2015 at 08:00 | Source: PTI
US prices have been at or near six-and-a-half year lows all week, with WTI closing below USD 40 on Monday for the first time since 2009 and staying there through yesterday.