Oil prices rose on Wednesday, extending the previous session’s gains, driven by optimism that a relaxation of China’s strict COVID-19 curbs will lead to a recovery in fuel demand in the world’s top oil importer. Brent crude futures were up 52 cents, or 0.6%, at $86.44 a barrel at 0151 GMT, following a 1.7% rally […]
The rupee fell 20 paise to close as 81.37 against the US dollar on Monday amid rise in crude prices and unabated foreign fund outflow. However, strong sentiment at domestic equities market restricted the fall of the local currency, forex traders said. “Dollar index helped rupee strength as dollar was weak at morning session at […]
By Rohan Patil Bears are getting aggressive on Dalal Street and have closed forcefully below its 21-week exponential moving average on the weekly time frame. Benchmark index has closed three per cent lower on the weekly basis and has engulfed its previous week’s green candle and formed a bearish engulfing candlestick pattern. On the daily […]
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