Oil prices edged higher on Tuesday as market participants weighed supply cuts from OPEC+ that would tighten the global market against concerns about further interest rate hikes potentially hurting demand. Investors were awaiting a slate of reports on inflation, oil demand and supply due this week that could give the market direction. Brent crude rose […]
After the Economic Survey 2023, markets are now eyeing Union Budget 2023 which is set to be presented on Wednesday, 1 February. Finance Minister Nirmala Sitharaman’s announcements, along with the US Fed’s interest rate hike decision, will dictate how domestic equities react tomorrow. Any favourable announcement that can boost economic growth, private investment, or consumption […]
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