Oil Languishes Below $80 as Recession Fears Outweigh Tighter Supply
Oil hovered near a one-year low on Wednesday as increasing concerns over U.S. economic health and the Federal Reserve largely offset positive supply-side signals from a bigger-than-expected draw in crude inventories. A growing number of Wall Street banks warned of a potential recession in 2023, especially if interest rates keep rising and if inflation proves […]
Dow Futures Dip Following Mixed Session, Nonfarm Payrolls in Focus
U.S. stock futures were trading lower during Thursday’s evening deals, following a mixed performance among major indices as market participants braced for key jobs data slated for release later in Friday’s session. By 6:25 PM ET (11:25 PM GMT) Dow Jones Futures were little changed, S&P 500 Futures eased 0.1% and Nasdaq 100 Futures dipped […]
Nifty opens Above 18,200, Sensex Gains 800 Pts; Zomato, Bata, Ashok Leyland in Focus
The Sensex was up 827.54 points or 1.37% at 61441.24, and the Nifty was up 241.00 points or 1.34% at 18269.20. About 1686 shares have advanced, 364 shares declined, and 68 shares are unchanged. Offer price of Rs 170 a share too low for present times, says Fortis chairmanEven as IHH Healthcare Bhd is in […]