Asian stocks dithered on Tuesday as investors grappled with inflation concerns in the wake of the surprise cuts to the OPEC+ group’s oil output targets, while treasury yields retreated after frail U.S. manufacturing sector data. An announcement on Sunday of output target cuts by the Organization of the Petroleum Exporting Countries (OPEC) and its allies, […]
By Shrikant Chouhan After a strong uptrend rally in the previous, the benchmark indices BSE Sensex and Nifty 50 witnessed profit booking at higher levels. The Nifty ended 208 points while Sensex was down by 709 points. On Tuesday, despite tepid market conditions Nifty opened on a positive note but due to consistent profit booking […]
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