News for 'Brent'

Markets Expected To Remain Volatile

Markets Expected To Remain Volatile

Rediff.com4 Oct 2024

'As the markets are expected to remain jittery in the near term, we advise investors to use this opportunity to enter quality largecaps from a long-term perspective.'

IT, banking shares help Sensex gain 443 points at close

IT, banking shares help Sensex gain 443 points at close

Rediff.com1 Jul 2024

Benchmark Sensex rose by 443 points to close at a new record high while Nifty settled above the 24,100 mark on Monday on buying in banking and IT shares in line with gains in Asian and European markets. The 30-share BSE Sensex settled higher by 443.46 points or 0.56 per cent at an all-time high of 79,476.19.

Markets end in red; dragged down by RIL Kotak Mahindra

Markets end in red; dragged down by RIL Kotak Mahindra

Rediff.com22 Jul 2024

ITC, State Bank of India, HCL Technologies and IndusInd Bank were the other big laggards. NTPC, UltraTech Cement, HDFC Bank and Mahindra & Mahindra were among the gainers.

Crude imports from US rebound as Russia sanctions get tighter

Crude imports from US rebound as Russia sanctions get tighter

Rediff.com12 Sep 2024

Even as Russia and West Asia have been slugging it out for market share in India to sell their crude oil, the US is quietly making its moves on the sidelines. The US has doubled its share of the Indian crude market in the past few months, according to industry sources and ship-tracking data. Some of the increase in America's market share may have come at the expense of Russia, India's biggest crude oil supplier, said industry sources.

Sensex gains 36 points; Nifty ends in red

Sensex gains 36 points; Nifty ends in red

Rediff.com19 Jun 2024

Among the 30 Sensex companies, Axis Bank, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, IndusInd Bank, State Bank of India, Infosys, Wipro, Tech Mahindra and HCL Technologies were the gainers. On the other hand, Titan, Maruti, Bharti Airtel, Larsen & Toubro, NTPC, Reliance Industries, Bajaj Finance and Power Grid were among the laggards.

Saudi oil supply rebound gives India bargaining power

Saudi oil supply rebound gives India bargaining power

Rediff.com3 Oct 2024

A resurgence in Saudi Arabian supplies of crude oil to India coupled with an attack on an Iraqi tanker in August carrying crude to Europe may result in improved bargaining power for India with West Asian and Russian suppliers for winter supplies. Shipments of Saudi oil rebounded in September from August, surging to the highest since March while Russian oil shipments rose marginally as Saudi Arabia tried to claw back market share in Asia, according to industry sources and ship tracking data.

Sensex pares losses, ends 131 points higher

Sensex pares losses, ends 131 points higher

Rediff.com24 Jun 2024

Among the 30 Sensex companies, Mahindra & Mahindra, Power Grid, Sun Pharma, Nestle, UltraTech Cement, NTPC, ITC, ICICI Bank, Titan, Bajaj Finserv, Bharti Airtel, and HDFC Bank were among the biggest gainers. IndusInd Bank, Adani Ports, Tata Steel, Reliance Industries, Axis Bank and Bajaj Finance were among the laggards.

Profit-booking hammers banking, finance stocks

Profit-booking hammers banking, finance stocks

Rediff.com28 Jun 2024

Among the 30 Sensex companies, IndusInd Bank, Axis Bank, ICICI Bank, Bharti Airtel, Kotak Mahindra Bank, Maruti, JSW Steel and Bajaj Finserv were among the laggards. In contrast, Reliance Industries, Tata Motors, Asian Paints, Nestle and Titan were the biggest gainers.

Sensex closes down 53 pts in volatile trade

Sensex closes down 53 pts in volatile trade

Rediff.com21 May 2024

Among the Sensex components, Nestle, Maruti, IndusInd Bank, ICICI Bank, Hindustan Unilever, Larsen & Toubro, Tata Consultancy Services, Infosys, HDFC Bank and Axis Bank were the major laggards. Tata Steel, JSW Steel, Power Grid, Tech Mahindra and State Bank of India were among the gainers.

Sensex regains 75K-mark; Nifty gains 201 points

Sensex regains 75K-mark; Nifty gains 201 points

Rediff.com6 Jun 2024

Among the 30 Sensex companies, Tech Mahindra, HCL Technologies, State Bank of India, NTPC, Infosys, Larsen & Toubro, Tata Consultancy Services and Wipro emerged as the biggest gainers. Hindustan Unilever, Asian Paints, Mahindra & Mahindra, Nestle, IndusInd Bank and Sun Pharma were among the laggards.

Sensex slips over 100 pts on foreign fund outflows

Sensex slips over 100 pts on foreign fund outflows

Rediff.com15 May 2024

From the Sensex pack, Tata Motors, Asian Paints, HDFC Bank, JSW Steel, Hindustan Unilever, Nestle and Titan were the major laggards. In contrast, Bharti Airtel, Power Grid, NTPC, Mahindra & Mahindra, Larsen & Toubro and HCL Technologies were among the major gainers.

Markets at fresh highs on buying in HDFC Bank, RIL

Markets at fresh highs on buying in HDFC Bank, RIL

Rediff.com14 Jun 2024

Among the 30 Sensex companies, Mahindra & Mahindra, Titan, HDFC Bank, Reliance Industries, UltraTech Cement, Bajaj Finance, Axis Bank, Tata Motors and Asian Paints were the biggest gainers. On the other hand, Tech Mahindra, Tata Consultancy Services, Wipro, HCL Technologies, Larsen & Toubro and State Bank of India were among the major laggards.

Nifty hits fresh all-time high; Sensex climbs 150 points

Nifty hits fresh all-time high; Sensex climbs 150 points

Rediff.com12 Jun 2024

Power Grid was the biggest gainer on the Sensex chart, rising 2.54 per cent, followed by Tech Mahindra, Bajaj Finance, NTPC, UltraTech Cement, Larsen & Toubro, Tata Steel, Bharti Airtel, Bajaj Finserv and HCL Technologies. In contrast, Mahindra & Mahindra, Hindustan Unilever, Infosys and Titan were among the laggards.

Sensex breaches 79K-mark, Nifty scales 24,000

Sensex breaches 79K-mark, Nifty scales 24,000

Rediff.com27 Jun 2024

NTPC, JSW Steel, Tata Motors, Bharti Airtel, Power Grid, Kotak Mahindra Bank and Tech Mahindra were also among the major gainers. Larsen & Toubro, Sun Pharma, Nestle, HDFC Bank and Maruti were among the laggards.

Sensex, Nifty rebound as Reliance, ITC gain

Sensex, Nifty rebound as Reliance, ITC gain

Rediff.com10 May 2024

From the Sensex basket, Power Grid, NTPC, JSW Steel, Asian Paints, ITC, Bharti Airtel, Hindustan Unilever and Tata Motors were the biggest gainers. On the other hand, Tata Consultancy Services, Kotak Mahindra Bank, Infosys, Wipro, Mahindra & Mahindra and HDFC Bank were among the laggards.

Factors that will drive the markets this week

Factors that will drive the markets this week

Rediff.com16 Jun 2024

With the absence of any major immediate domestic trigger in sight, investors would focus on global trends and trading activity of foreign investors for further cues in a holiday-shortened week ahead, analysts said. Movement of global oil benchmark Brent crude and rupee-dollar trend would also guide the market. "This week is a truncated one with no major triggers expected. However, we anticipate sector-specific movements amid budget-related buzz.

Sensex breaches 78K for 1st time, Nifty @ record high

Sensex breaches 78K for 1st time, Nifty @ record high

Rediff.com25 Jun 2024

Among the 30 Sensex companies, Axis Bank, ICICI Bank, HDFC Bank, Tech Mahindra, Larsen & Toubro, Bajaj Finserv, State Bank of India, Reliance Industries and Infosys were the biggest gainers. Power Grid, Asian Paints, Tata Steel, Nestle, Maruti and JSW Steel were among the laggards.

Sensex sheds 45 points in highly volatile trade

Sensex sheds 45 points in highly volatile trade

Rediff.com8 May 2024

Benchmark Sensex declined over 45 points in highly volatile trade on Wednesday, tracking weak Asian markets and continuous foreign fund outflows. Declining for the second straight session, the 30-share BSE Sensex fell 45.46 points or 0.06 per cent to settle at 73,466.39. During the day, it went lower by 437.93 points or 0.59 per cent to 73,073.92.

Markets end in red; HDFC Bank, RIL, ICICI Bank major drags

Markets end in red; HDFC Bank, RIL, ICICI Bank major drags

Rediff.com7 May 2024

From the Sensex basket, Power Grid, IndusInd Bank, Tata Motors, JSW Steel, NTPC, HCL Technologies, Tata Steel, ICICI Bank, Mahindra & Mahindra, Axis Bank, HDFC Bank and Reliance Industries were among the major laggards. Among the gainers, Hindustan Unilever climbed over 5 per cent. Tech Mahindra, Nestle, ITC, Wipro, Tata Consultancy Services and Kotak Mahindra Bank were the other major gainers.

Sensex breaches 81K, Nifty scales 24,800 peak

Sensex breaches 81K, Nifty scales 24,800 peak

Rediff.com18 Jul 2024

Bajaj Finserv, Infosys, Mahindra & Mahindra, Tech Mahindra, Hindustan Unilever, State Bank of India and HCL Technologies were the biggest gainers. On the contrary, Asian Paints, JSW Steel, NTPC and Adani Ports were among the laggards.

Markets spurt nearly 1% on buying in HDFC Bank, Infosys

Markets spurt nearly 1% on buying in HDFC Bank, Infosys

Rediff.com16 May 2024

Among the Sensex components, Mahindra & Mahindra, Bharti Airtel, Tech Mahindra, Titan, Infosys, JSW Steel, Bajaj Finserv, HDFC Bank, Larsen & Toubro and Kotak Mahindra Bank were the major gainers. Maruti, State Bank of India, Power Grid, Tata Motors and IndusInd Bank were the laggards.

Bloodbath on the bourses: Sensex tanks 2,223 points; Nifty sinks to 24K

Bloodbath on the bourses: Sensex tanks 2,223 points; Nifty sinks to 24K

Rediff.com5 Aug 2024

From the Sensex pack, Tata Motors slumped over 7 per cent. Adani Ports, Tata Steel, SBI, Power Grid, JSW Steel and Maruti were the other big laggards. However, Hindustan Unilever and Nestle ended in positive territory.

Sensex ends up 75 points on buying in banking and oil stocks

Sensex ends up 75 points on buying in banking and oil stocks

Rediff.com31 May 2024

Stock markets snapped their five-day losing run on Friday with the benchmark BSE Sensex closing higher by 75 points on value-buying in banking and oil shares after recent losses. The 30-share BSE Sensex rose by 75.71 points or 0.10 per cent to settle at 73,961.31. During the session, it hit a high of 74,478.89 points and a low of 73,765.15 points.

Tech Mahindra jumps over 12% in opening trade

Tech Mahindra jumps over 12% in opening trade

Rediff.com26 Apr 2024

IT services company's CEO outlined an ambitious three-year roadmap to accelerate revenue growth and lift margins.

Markets climb on buying in Reliance, Infosys

Markets climb on buying in Reliance, Infosys

Rediff.com22 May 2024

Among the Sensex firms, Hindustan Unilever, Reliance Industries, Infosys, Asian Paints, ITC and UltraTech Cement were the major gainers. State Bank of India, JSW Steel, Axis Bank, ICICI Bank, Tata Steel and Tata Motors were among the laggards.

Markets climb as inflation eases; Sensex ends up 328 pts

Markets climb as inflation eases; Sensex ends up 328 pts

Rediff.com14 May 2024

From the Sensex basket, Mahindra & Mahindra, Larsen & Toubro, JSW Steel, NTPC, IndusInd Bank, Sun Pharma, UltraTech Cement, State Bank of India, Reliance Industries, and Maruti were the major gainers. Nestle, Tata Consultancy Services, Axis Bank, ICICI Bank, Bajaj Finance, ITC, and Asian Paints were among the laggards.

Stock markets edge down on STT, LTCG hike

Stock markets edge down on STT, LTCG hike

Rediff.com23 Jul 2024

Adani Ports, NTPC, Infosys, Hindustan Unilever, HCL Technologies and Sun Pharma were among the other big gainers. However, Larsen & Toubro, Bajaj Finance, State Bank of India, Axis Bank and HDFC Bank were amonh the major laggards.

Sensex climbs over 250 pts on buying in Reliance, M&M

Sensex climbs over 250 pts on buying in Reliance, M&M

Rediff.com17 May 2024

M&M was the biggest gainer on the Sensex chart, rising 5.97 per cent, followed by JSW Steel, Ultra Cement, Kotak Bank, ITC and NTPC. Reliance Industries gained 0.73 per cent to close at Rs 2,871 apiece. In contrast, TCS, HCL Tech, HUL, Nestle Industries, Bajaj Finserv, Wipro and Infosys were among the losers.

Sensex sinks 1,062 points on selling in index majors

Sensex sinks 1,062 points on selling in index majors

Rediff.com9 May 2024

Asian Paints, JSW Steel, ITC, Bajaj Finance, IndusInd Bank, Tata Steel, NTPC, Bajaj Finserv, HDFC Bank, Reliance Industries and Power Grid were among the laggards. In contrast, Tata Motors, Mahindra & Mahindra, State Bank of India, Infosys and HCL Tech were the gainers.

Sensex, Nifty climb on firm trend in global markets

Sensex, Nifty climb on firm trend in global markets

Rediff.com24 Apr 2024

From the Sensex basket, JSW Steel, Tata Steel, Power Grid, Kotak Mahindra Bank, UltraTech Cement, NTPC and Bajaj Finance were the major gainers. Tata Consultancy Services, Tech Mahindra, Maruti, Reliance Industries and Titan were among the laggards.

After scaling record peaks, markets pare gains to end in red

After scaling record peaks, markets pare gains to end in red

Rediff.com24 May 2024

Equity benchmark indices Sensex and Nifty closed marginally lower on Friday as investors booked profit in FMCG, IT and healthcare stocks after the BSE Sensex and Nifty hit fresh lifetime highs in intra-day deals. The 30-share BSE Sensex dipped 7.65 points or 0.01 per cent to settle at 75,410.39. During the day, it rallied 218.46 points or 0.28 per cent to hit its all-time intra-day high of 75,636.50.

India imported $2.8 bn worth crude from Russia in July

India imported $2.8 bn worth crude from Russia in July

Rediff.com15 Aug 2024

India, the world's third largest oil consuming and importing nation, in July bought $2.8 billion worth of crude oil from Russia, second only to China which remains the largest importer of Russian oil, a report said. Russia emerged as India's biggest supplier of crude oil, which is converted into fuels like petrol and diesel in refineries, after Russian oil was available on discount following some European nations shunning purchases from Moscow over its invasion of Ukraine in February 2022.

Sensex, Nifty settle lower after hitting record highs

Sensex, Nifty settle lower after hitting record highs

Rediff.com10 Jun 2024

Benchmark equity indices Sensex and Nifty ended lower on Monday after hitting their all-time high levels in early trade amid selling in blue-chip IT stocks and HDFC Bank. After breaching the 77,000-mark during the early trade, the 30-share BSE Sensex came under selling pressure at the fag-end of the session and ended 203.28 points or 0.27 per cent lower at 76,490.08. During the day, the benchmark jumped 385.68 points or 0.50 per cent to hit a new record of 77,079.04.

Sensex plunges 617 points on profit booking

Sensex plunges 617 points on profit booking

Rediff.com30 May 2024

From the Sensex pack, Tata Steel, Titan, Tech Mahindra, Wipro, Bajaj Finserv, Bajaj Finance, Nestle India, Tata Motors and JSW Steel were the biggest laggards. ICICI Bank, Axis Bank, HDFC Bank, State Bank of India and Kotak Mahindra Bank were the gainers.

Sensex ends down 220 points in volatile trade

Sensex ends down 220 points in volatile trade

Rediff.com28 May 2024

From the Sensex firms, Power Grid, NTPC, Tech Mahindra, Bharti Airtel, Tata Motors, IndusInd Bank, Reliance Industries, Kotak Mahindra Bank and Maruti were among the laggards. Asian Paints, Wipro, JSW Steel, Hindustan Unilever, Bajaj Finserv and Mahindra & Mahindra were among the biggest gainers.

Despite wars in Europe and West Asia, oil shock fears yet to materialise

Despite wars in Europe and West Asia, oil shock fears yet to materialise

Rediff.com7 May 2024

The oil industry experienced three upheavals between 1973 and 1991, which seem to be etched in the memory of the industry's decision makers. Naturally, at the sign of a new crisis, the decision makers like to dip into those tumultuous decades to find ways to deal with the new shock, in addition, of course, to expert reports and forecasts. So, the industry bigwigs turned the pages of history to get a peek into the future of oil price movements after Russia invaded Ukraine in 2022, Israel attacked Gaza in 2023, Iran-linked Houthi rebels pounded tankers crossing the Red Sea in support of Palestine the same year, and Iran rained missiles on Israel in 2024.

Markets wrong to hope worst of geopolitical crises over: Wood

Markets wrong to hope worst of geopolitical crises over: Wood

Rediff.com4 May 2024

Global financial markets are wrong in hoping that the worst is over in geopolitical crises such as the Iran-Israel conflict and the Russia-Ukraine war, wrote Christopher Wood, global head of equity strategy at Jefferies, in a recent note to investors called 'GREED & fear'. While most investors and the media are focused on United States (US) Federal Reserve policy and the "endless chatter" of Fed governors, Wood believes the news flow in the financial sphere "pales into complete insignificance" compared with the "tectonic shifts" going on in geopolitics.

Markets end flat as investors remain on the sidelines

Markets end flat as investors remain on the sidelines

Rediff.com11 Jun 2024

Among the 30 Sensex companies, Kotak Mahindra Bank, Asian Paints, Reliance Industries, ITC, Sun Pharma, ICICI Bank, Axis Bank and JSW Steel were the major laggards. Larsen & Toubro, Tata Motors, Maruti, NTPC, Mahindra & Mahindra and UltraTech Cement were among the gainers.

Sensex pares early gains, ends up 90 points

Sensex pares early gains, ends up 90 points

Rediff.com23 Apr 2024

From the Sensex basket, Bharti Airtel, Nestle, Maruti, Tata Motors, HCL Technologies, NTPC, Asian Paints and State Bank of India were the major gainers. Sun Pharma, Reliance Industries, Mahindra & Mahindra, JSW Steel, Tech Mahindra and Bajaj Finance were among the laggards.

Sensex tanks 668 points on profit-booking

Sensex tanks 668 points on profit-booking

Rediff.com29 May 2024

Benchmark equity indices Sensex and Nifty declined nearly 1 per cent on Wednesday, falling for the fourth day running amid profit-taking by cautious investors ahead of the results of the Lok Sabha polls. The 30-share BSE Sensex declined 667.55 points or 0.89 per cent to settle at 74,502.90. It went below the 75,000 mark to hit the day's low of 74,454.55, plunging 715.9 points or 0.95 per cent.