September 18, 2024
4 mins read
Petrochemical Stocks Under Pressure as Oil Prices Fall
Indian oil marketing companies’ stocks rose on Wednesday as a result of the fall in the global crude oil prices while petrochemical stocks came under selling pressure on margin squeeze fear. The OMC stocks were up with Indian Oil Corporation up by 3-5 percent, BPCL and HPCL were also up by 3-5 percent. The optimism […]
3 mins read
Nifty Hits New All-Time High Before Retreating as Investors Eye Fed Decision
The Indian stock market had a highly unpredictable session on Wednesday as Nifty 50 index rose to a new record high and then lost those gains as investors are waiting for the outcome of the U. S. Federal Reserve policy meeting. The Nifty rose to a record level of 25,482 points in early trade but […]