Indian equity benchmarks were witnessing selling pressure at 10:46 hours as crude retested last week highs again yesterday. Even profit booking was another reason behind the marginal sell-off today as benchmarks rallied 3.5% on Wednesday, reacted to Budget 2011.
London Brent crude was trading at USD 116.60 a barrel, up USD 0.25 a barrel. There were reports that Libyan fighter jets fired on the oil terminal city of Masra El Brega The sell-off was triggered by the arrest of a ShiDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
