Short positions on crude oil up 140% last week; wait for prices to settle before taking fresh positions

Short sellers have increased their positions as recession fears grow, but a recovery in crude oil prices occurred as OPEC+ discussed potential production cuts of 1 million barrels per day, driven by Saudi Arabia’s desire for prices above $78 to cover their fiscal deficit. Read More | Source: The…

View More Short positions on crude oil up 140% last week; wait for prices to settle before taking fresh positions

Top10: What is a freebie and what is welfare, SC asks

Read More | Source: THE TIMES OF INDIA…

View More Top10: What is a freebie and what is welfare, SC asks

Petrol and diesel price May 6: Fuel cost unmoved for a month now; Check prices in Delhi, Mumbai, other cities

Petrol and Diesel Price Today in India: Petrol and Diesel Rate on May 6 were left unchanged keeping prices steady for a month straight. Read More | Source: The Financial Express…

View More Petrol and diesel price May 6: Fuel cost unmoved for a month now; Check prices in Delhi, Mumbai, other cities

Adani Wilmar crosses ₹1 lakh crore m-cap, stocks locked in 5% upper circuit

Analysts attribute the stock rally to rising oil prices and demand-supply constraint Read More | Source: The Hindu Business Line…

View More Adani Wilmar crosses ₹1 lakh crore m-cap, stocks locked in 5% upper circuit

MCX crude oil weak in near-term, may fall to Rs 7000 this week; Covid lockdown, Fed rate hike weigh on outlook

We might see crude oil prices falling amid rising Covid cases in China coupled with prospects of Fed rate hikes, denting global economic growth and fuel demand. Read More | Source: The Financial Express…

View More MCX crude oil weak in near-term, may fall to Rs 7000 this week; Covid lockdown, Fed rate hike weigh on outlook

Sensex down 617 points at close, Nifty ends below 17,000 amid weak global cues

Broader market under pressure; Volatility index rises above 21 Read More | Source: The Hindu Business Line…

View More Sensex down 617 points at close, Nifty ends below 17,000 amid weak global cues

Edible oil prices may rise further in India due to Indonesia’s palm oil export ban

Reports say Indonesia is set to ban the export of palm oil amid domestic shortage which may add to soaring food inflation worldwide. Read More | Source: WION…

View More Edible oil prices may rise further in India due to Indonesia’s palm oil export ban

Sensex slumps 1,172 points led by IT, financials , Nifty ends below 17,200

FMCG, Auto, Metals in focus; Volatility index rises above 19 Read More | Source: The Hindu Business Line…

View More Sensex slumps 1,172 points led by IT, financials , Nifty ends below 17,200

Oil prices may rise to $90/bbl this FY as Ukraine war looms, brokerage says; 16% upside for GAIL stock

The limited supply of oil from Russia rigs and curtailed oil production by OPEC+ countries will likely result in soaring oil prices, Kotak Securities said. Read More | Source: The Financial Express…

View More Oil prices may rise to $90/bbl this FY as Ukraine war looms, brokerage says; 16% upside for GAIL stock

Q4 earnings, macro data, global trends to drive markets in holiday-shortened week: Experts

Stock markets will be closed on Thursday for Mahavir Jayanti, Dr Babasaheb Ambedkar Jayanti, and on Good Friday Read More | Source: The Hindu Business Line…

View More Q4 earnings, macro data, global trends to drive markets in holiday-shortened week: Experts