View: Opec+ is on track to hibernate
Opec+ will risk a period of price weakness that they believe will be short-lived.
Crude oil futures fall on weak domestic cues
Crude oil for January delivery was quoting lower by Rs 6, or 0.15 per cent.
Core sector output for October contracts further to 5.8 per cent
The index was dragged down by electricity which reported a de-growth of 12.4...
Agri commodities: Coriander, guar gum, guar seed futures gain on spot demand
Guar gum prices on Friday advanced by Rs 29 to Rs 7,555 per five quintal in futures trade.
Better margins for 4th quarter in a row: Can these 7 stocks fly high?
The stocks have not been performing on bourses, though analysts see upside potential in them.
Agri Commodities: Soybean, soya oil, mustard decline in futures trade amid low demand
Mustard seed prices on Tuesday dropped by Rs 12 to Rs 4,246 per quintal in futures trade.
Share market update: BSE Oil & Gas index up; GAIL, ONGC among top gainers
The S&P BSE Oil & Gas index was trading 0.41 per cent up at 15,189.44 .
Fake websites offering petrol pump licences under scanner
While the licensing process by a joint website petrolpumpdealerchayan.in, of three state-run oil companies, Indian Oil, HPCL and BPCL is underway, some people have put up fake websites that closely imitates the content, design and the domain name of the original, and promise new pump licenses.
Hindalco plans big on packaging, large aluminium containers
Hindalco Industries is betting big on the packaging and transport containers segment. The move is due to the low per capita use of aluminium in the country which is at 2.6 kg now and being the largest producer of the metal, it gives an added advantage to the AV Birla flagship. The domestic packaging industry is a USD 35 billion and is growing at around 25 percent annually.
Government appoints Deloitte as advisor for BPCL stake sale
The government approved the strategic disinvestment in BPCL last week, along with transfer of management control, but excluding the stake in Numaligarh Refinery, which will be carved out of BPCL before privatisation. Completion of the stake sale could help the government mobilise more than Rs 60,000 crore, or $8.4 billion, and narrow the fiscal deficit.
Crude oil futures gain marginally on domestic cues
Crude oil prices on Tuesday gained Rs 2 at Rs 4,079 per barrel.
Share market update: BSE Oil & Gas index up; IOC, HPCL among top gainers
The S&P BSE Oil & Gas index was trading 0.26 per cent up at 15,148.97.
Air India extends bridge-loan bids for Boeing purchase to Nov 22
The selloff-bound airline had on October 30 floated bids from banks/ financial institutions to refinance its existing bridge-loan facility worth $819 million or worth over Rs 5,800 crore by November 14. The financial bids were to scheduled to be closed on November 14. The carrier is seeking to refinance six Boeing 787s and one B777.
Commodity outlook: Agri counters subdued; here’s how others will trade today
Here is how SMC Global expects commodities to trade today.
Oil kicks off week with gains on fresh hopes for US-China trade talks
WTI crude rose 10 cents, or 0.17 per cent to $57.87 a barrel.
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