September 24, 2024
3 mins read
Oil Stocks Slump On Crude Price Volatility As Electric Vehicle Makers Gain Ground
Equities in the oil and gas sector suffered heavy selloff today as crude oil prices fluctuated much due to mixed signals by global supply and demand balances. Downward movements were recorded for key players including Reliance Industries Ltd, ONGC, Oil India Ltd with their share falling by between 2 – 4%. The recent instability of […]
3 mins read
Bajaj Finance Rises On Strong Earnings While Tech Stocks Rally On AI Hype
A non-banking financial company of India, Bajaj Finance has received a boost of its share by more than 2.5% in today’s trading session after the company posted second quarter earnings report. A 28% year-on-year growth in its net profit was achieved and is even higher than analysts’ expectations despite a slowdown in macroeconomic growth. A […]