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Market Opening - An Overview Crude oil prices recently touched $95 per barrel and higher crude oil prices is expected to push India’s wholesale inflation to rise to 3% in the third quarter of the current fiscal and to 3.7% ...
Indian oil marketing companies (OMCs) are likely to see an increase in its operating profit at Rs 1 lakh crore in the current financial year compared with an average operating profit of about Rs 60,000 crore registered between fiscals 2017 ...
Indian shipping industry is expected to sustain its performance in the current fiscal, albeit with some moderation in operating margins, after the shipping companies had delivered a strong performance in FY2023 and achieved high operating margins, according to CareEdge Ratings. ...
Benchmark stock indices fell on Thursday, dragged by losses in auto, IT and energy stocks. The Sensex fell 0.37% and the Nifty was down 0.36%. Broader markets also fell, tracking headline indices. The Nifty Midcap 100 index was down 0.40% ...
The overall index of India’s eight core sector stood at 126.6 in June 2021, a rise of 8.9%, compared with 116.3 in June 2020. The rise was due to easing of lockdown restrictions and low base effect.The eight core sectors ...