Commodities
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- JSW Steel cuts capex plans by 45% to Rs 9,000 crore for FY21
- Trade setup: Nifty looks all set to see a bearish Failure Swing now
- Stressed NBFCs, HFCs seek about Rs 10,000-crore financing support under special liquidity scheme
- FPIs pull out Rs 2,867 crore in July so far
- Federer-backed sports shoe maker On preparing for IPO, Swiss paper says
- The Week That Was: Ujjivan SFB among top gainers; Big Bull touch lifts Firstsource
- Tweet Buster: What’s right & wrong about the stocks rally; plus, why is Buffett slowing
Oil Seeds & Oils
MCX
Oil dips, heading for weekly loss as virus cases rise
Oil inventories remain bloated due to the evaporation of demand for gasoline, diesel and other fuels during the initial outbreak.
Amul forays into edible oil business with launch of Janmay
“With an objective of providing stable and remunerative price to edible oilseed growers of Gujarat and become atmanirbhar in domestic edible oil production as envisaged by Prime Minister Narendra Modi, we are launching a range of edible oil under the Janmay brand,” said RS Sodhi, MD of Amul.
Trending stocks: Indian Oil Corporation shares gain over 1%
A total of 218,096 shares changed hands on the counter till 11:01AM (IST).
Oil prices idle as coronavirus spike fears offset signs of gasoline recovery
Brent crude futures inched up 3 cents to $43.32, after gaining 0.5% on Wednesday.
Commodity outlook: Crude oil drops; here is how others may fare
Here is how SMC Global expects commodities to fare today.
Oil dips as US inventory build stokes supply fears
Brent crude futures fell 13 cents, or 0.3%, to $42.95 a barrel by 0019 GMT. U.S. West Texas Intermediate (WTI) crude futures dropped 10 cents, or 0.3%, to $40.52 a barrel.
Cooking oil imports rise to 8-month high in June
Demand is still lower than the pre-Covid level and imports for the year would be lower than the previous year.
Crude oil prices slip as US virus spike stokes demand worries
US West Texas Intermediate (WTI) crude futures fell 12 cents, or 0.30 per cent, to $40.51 a barrel, having fallen to $39.90 earlier in the day.
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