The Economic Times
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| 28 November, 2020, 09:21 PM IST | E-Paper

    Crude oil prices fall as coronavirus cases pick up in China, US

    US West Texas Intermediate (WTI) fell 43 cents, or 1.1 per cent, to $37.95 a barrel.

    Crude oil prices fall on worries over fuel demand setback as infections rise

    US oil was off by 34 cents, or 0.8 per cent, at $40.25 a barrel, after gaining 4 cents last week.

    Crude oil prices fall as rise in virus cases, US inventories stall recovery

    US West Texas Intermediate (WTI) crude futures fell 23 to at $40.39 a barrel.

    Crude oil prices fall on brimming storage, bleak recovery prospects

    US West Texas Intermediate (WTI) crude was down $2.57, or 20 per cent, at $10.21 a barrel.

    Crude oil prices fall from $40 as doubts emerge over next step on Opec cuts

    West Texas Intermediate (WTI) crude for July fell 3 cents, to $36.78.

    Crude Oil price falls for fifth day as coronavirus spreads outside of China

    West Texas Intermediate (WTI) futures fell by 80 cents, or 1.6 per cent, to $47.93 a barrel.

    Here's why crude oil prices fell below $0 a barrel

    In overnight trade, May futures for US crude oil WTI fell to minus $37.63 a barrel level.

    Crude oil price plunges below zero for first time in unprecedented wipeout

    The price on the futures contract for WTI crude that is due to expire Tuesday fell minus $37.63 a barrel.

    Crude oil prices fall again, on track for biggest weekly drop in over 4 years

    West Texas Intermediate (WTI) crude futures fell 73 cents, or 1.6 per cent, to $56.36 per barrel.

    Crude oil prices falling again; why they could not sustain above $50

    With a week to go for Brexit vote, oil and other markets remain choppy. A so-called Brexit can lead to a Europe-wide recession and can hit demand for oil.

    Government pocketing 80% profits of crude oil price fall: Congress

    Party spokesperson Abhishek Singhvi said that despite raising the issue many times, Congress has got "no answer" from the government on this.

    Large and mid-cap stocks that rise when crude oil prices fall

    Past trend of the market's performance due to change in crude oil prices shows Indian equities tend to do better every time the prices weaken.

    Sensex scales record highs as crude oil prices falls

    Foreigners have pumped in flows over $12 billion so far this year, which is the highest among the emerging markets basket.

    Crude oil prices fall to lowest in eight months

    Oil fell for a fifth day in New York to the lowest price in almost eight months on signs of an economic slowdown in the US and China.

    Crude oil prices fall in domestic futures market

    Crude oil futures opened on a negative note and fell marginally by 0.71 per cent at Rs 5,515 per barrel in the domestic futures market, taking cues from weak international market.

    Commodity strategies: Gold, silver, crude, base metals

    Crude oil prices ended weak, paring previous gains on oversupply concerns and worries over fuel demand recovery.

    Commodity strategies: Gold, silver, crude, base metals

    The continued rise in the dollar index pressured commodity prices to trade lower.

    Commodity strategies: Gold, silver, crude, base metals

    Here is a look at how different commodities are behaving in today’s market.

    Kerala FM Thomas Issac lambasts Centre for fuel price hike

    The minister pointed out that the hike has been made in special excise duty, which would deny any share of the hike to the states."If it was in normal excise duty, the states would have been eligible for 40% share," he said

    Lockdown, Day 48: Of(f) the rails

    Trains will start running tomorrow, on select routes. All you need - a valid ticket and no symptoms.

    Lockdown, Day 41: New phase, old fears

    As the new phase of the nation-wide lockdown gets underway, businesses scramble to decode the fine print in ever-changing government guidelines. In the last 24 hours, the country added about 2500 cases, taking the tally close to the 43,000-mark.

    The downside of saving consumers from oil price hikes

    Ad hoc increase in duties is a problem plaguing the sector. While customs, cess and excise duty hikes are levied by the central government, state governments impose value added tax (VAT). Hiking duty and not allowing OMCs to pass it on to consumers is a bad move.

    RIL has short-term challenges, but offers a reasonable degree of safety: Naveen Kulkarni

    Facebook’s cash infusion will make Jio strong in the Indian market, says CIO of Axis Securities.

    Why the stock market is falling?

    Your money is safe in mutual funds, as they are regulated by Sebi and Amfi.

    What changed for D-Street while you were sleeping

    Net-net, foreign portfolio investors (FPIs) were buyers of domestic stocks to the tune of Rs 1,495.25 crore on Friday, data available with NSE suggested.

    Cotton hurt by fall in crude, low demand

    CAI has revised the estimate to 33.5 mn bales, 1.54% lower than its previous estimate.

    Rupee ends at fresh 2-month high of 71.93

    Crude oil prices falling below the $70 per barrel mark and forex inflows have boosted the rupee sentiment.

    Top intraday trading ideas for afternoon trade for Friday, 12 October 2018

    ITC is a 'Buy' call with a target price of Rs 285 and a stop loss of Rs 270.

    Over 120 stocks defy positive market mood, hit 52-week lows

    However, nearly 30 stocks hit 52-week highs on BSE.

    Asian Paints, Britannia Industries among stocks that hit 52-week highs on NSE

    Hindustan Unilever, Lupin, ITC remained the top gainers in the Nifty index on Wednesday.

    Over 260 stocks hit 52-week lows on NSE

    Markets extended the losses for the second session on Wednesday.

    These stocks plunged up to 15% on NSE

    Indian equity benchmarks Nifty and Sensex extended the losses for the second session on Wednesday.

    These stocks surged over 10% defying negative market sentiment

    Indian equity benchmarks Nifty and Sensex extended the losses for the second session on Wednesday.

    Top Nifty gainers and losers of Wednesday's session

    The Nifty50 finished day's trade 61 points, or 0.56 per cent, down at 10,741.

    How IndiGo is winning market share battle and what it means for earnings

    IndiGo has been deploying capacity at a time when its peers are not responding with the same aggression.

    Is it a good time to invest in midcap mutual fund schemes?

    Midcap and smallcap schemes have been going through a tough phase.

    Market Movers: What changed for D-Street while you were sleeping

    Here’s breaking down the pre-market actions.

    Market Movers: What changed for D-Street while you were sleeping

    Here’s breaking down the pre-market actions.

    Outlook 2019: Your investment thesis for a year of dichotomies

    The dichotomy of low valuations but slower growth should keep overall returns subdued.

    Bad news nearly over, upbeat PSB brass fuel a stock rally

    Despite the gain in the last six sessions, the Nifty PSU Bank index is down 18% since January.

    Check out what top five mutual funds bought & sold during October selloff

    Systematic investment plans saw an upward trend with contribution of Rs 7,985 cr during Oct.

    Mutual funds that destroyed most investor wealth in the September selloff

    ​The recent selloff in the stock market has raised fears of a rush for redemption in mutual funds.​

    Two rate hikes coming; first one maybe in August: Aditi Nayar

    “Average inflation likely to go up by 100 bps to a minimum baseline of 4.6% on average in FY19.”

    Advantage equity in 2019: Last year’s headwinds are turning into tailwinds

    In reality, it was a volatile year, when both equity and debt markets had rollercoaster ride.

    Government open to deliberating on merger of oil firms: Dharmendra Pradhan

    He said with crude oil prices falling, the profits and margins of state-owned E&P (exploration and production) firms ONGC and Oil India were getting eroded.

    Will fall in oil price help stock market investors?

    Investors should note that all sectors and stocks that stand to gain from the crude price crash don’t automatically qualify for investments.

    Clouds in form of Opec hangs over crude oil

    Until now Saudi Arabia were living in denial, stating they expected no US shale oil response in 2017.

    Weak global demand will drag down trade volumes: RBI's Urjit Patel

    “For the first time, weak global demand is going to drag down trade volumes,” Patel said on Tuesday.

    The week in 10 stocks: Aviation hits an air pocket, NBFCs still reeling

    As many as 42 stocks of the Nifty settled in the red, with IB Housing tumbling nearly 20%.

    F&O expiry, macro data, global cues to decide market direction this week

    The coming week is going to be volatile, as August series F&O contracts expire on Thursday.

    Oil marketing companies gain as crude prices fall to 4-year lows

    Shares of oil marketing companies rose by as much as 3 per cent today following global crude oil prices falling to four-year lows.

    Who moved my stocks? Decoding a midcap mayhem

    Between January 1 and now, the Nifty, the flagship index of the NSE, has moved up 8%. On the other hand, the Nifty Midcap 50 has fallen 10% and the Nifty Smallcap 50 has declined 21%.

    UAE Exchange and Travelex to go for global IPO

    Shetty who was in Kochi, said the UAE Exchange which acquired the premier retail forex company Travelex last year is planning to go for a global IPO.

    Bearish on comsumer names like HUL, ITC: Parag Thakkar, HDFC Securities

    We will see in budget what kind of excise duty hikes they impose on cigarettes. We have already seen a sharp drop in volume growth for ITC.

    Six factors that changed the market while you were sleeping

    The US Fed held off from raising interest rates yet again to a collective sigh of relief. Meanwhile, oil took a beating along with the dollar and stocks.

    Low coal prices put pressure on crude oil: Jim Rogers

    The way things, markets work when you have a big collapse in anything, there is a big rally called as 'dead cat bounce' in America.

    Correction in the offing; see markets at higher levels 6 months down the line: Parag Thakkar

    Today if you ask me about my preferences, I would suggest commercial vehicle NBFCs like Cholamandalam, Sundaram and M&M Financial, says Thakkar.

    Gold, silver prices fall on sluggish demand, global cues

    Traders said sentiments remained weak due to fall in demand from jewellers and retailers amidst gold retreating in global markets.

    Bond yields lower; cash dearer at quarter end

    US Treasuries prices rose on Friday, driven by safe-haven demand on concerns about the implications of a possible US government shutdown.

    Investors are back; rerating may be on cards for oil & gas stocks

    The April-June results of oil marketing companies came as a positive surprise to many analysts with profits getting boosted.

    Strong GRMs may help RIL operating profit cross $1 billion in December quarter

    The refinery segment contributed 62% to RIL’s operating profit and 70% to revenues for the quarter ended September.

    Oil price slump to help cut revenue loss on fuel sales: Government

    "The under recoveries as per the latest calculation will be about Rs 77,000 crore as compared to Rs 85,000 crore previously estimated," Chandra said.

    Nifty likely to open weak, F&O expiry to add volatility

    The domestic stock market is likely to open weak and remain volatile on Thursday amid the expiry of September series futures and options contracts.

    India to benefit as oil prices fall more after China devalues Yuan

    Indian consumers can expect fuel prices to decline as crude oil prices fall more tracking the devaluation of the Chinese currency.

    A look at the key pressure points for India's aviation sector

    Rising crude oil prices, the dollar strengthening against the rupee and clogging at airports will create a headwind for the industry.

    Robust global demand to keep LNG prices high, says report

    Robust global demand is likely to keep LNG prices high over the next few years, a report said.

    IT, banking, real estate, urban consumption under pressure: Dipan Mehta

    "We have had a poor monsoon for the last couple of years. So rural demand has also remained subdued."

    Government to fix gas price afresh, likely to be below$8.4/unit

    The government is taking a fresh look at the prevailing seven-year-old gas pricing formula to fix new rates for gas .

    July WPI prices fall 4.05%, ninth straight decline

    Deflationary trends continued for the ninth month in a row in July with wholesale inflation plunging to a historic low of (-)4.05 per cent.

    need2know: Six macro triggers that matter for market today

    Aiming to tap the upbeat investor sentiment, two companies — Dilip Buildcon Ltd and S.P. Apparels Ltd — will hit the capital markets this week via IPO.

    Expect RBI to start cutting rates from next year onwards: Rahul Bajoria, Barclays

    'We are expecting 50 basis points of cuts in the first two policy meetings and beyond that, the risk is that the RBI does a bit more.'

    Falling crude oil prices to test Raghuram Rajan's resolve to keep interest rates high

    Oil marketing companies such as Indian Oil Corp and Hindustan Petroleum Corp have been reducing retail prices. Petrol prices were cut 54 paise a litre.

    Falling crude oil prices to test Raghuram Rajan's resolve to keep interest rates high

    Oil marketing companies such as Indian Oil Corp and Hindustan Petroleum Corp have been reducing retail prices. Petrol prices were cut 54 paise a litre.

    Markets may remain range-bound if earnings don’t get revised upwards: Hemant Kanawala, Kotak Life Insurance

    "According to us, the market will continue to look for earnings visibility and consumption side of the economy still offers good earnings visibility."

    Govt to mull cutting petrol, diesel prices

    The Government will consider cutting petrol and diesel prices, if crude oil prices fall below $50 a barrel.

    Avoid fancy midcap, smallcap ideas; stick to fallen angels from largecaps

    Vikas Gupta, Executive VP and CIO, ArthVeda Capital, says sticking to the fallen angels from the largecap space can give investors better returns when market revives.

    Is Dalal-Street in bear grip? Here’s why stocks are falling

    Here are the five reasons that have led to he crack in the domestic indices, if not bursting of the ‘hope bubble’ in the market.

    State-run oil cos planning to cut petrol price by 50p, first time since Jan 2009

    Two consecutive increases in less than two months have triggered strong protests even from the ruling party and its allies.

    IndiGo bucks trend, plans to hire 50 pilots

    IndiGo, the country’s largest budget carrier, has decided to hire nearly 50 pilots for its Kolkata, Bangalore, Hyderabad, Pune and Jaipur operations.

    GAIL: A good choice at current attractive valuation

    With subsidy burden set to reduce and capacity expansion in the offing, GAIL is a good choice at the current attractive valuation.

    Fall in crude prices bodes well for Indian markets on a 6-12 months basis: Deepesh Pandey, IIFL Capital

    "We have seen is a sharp fall in commodities including crude oil, led by concerns in global growth and more particularly the revision of GDP growth numbers in US. This all bodes well for India."

    Risk-reward: gold or equities as market tumbles

    At a time when the world markets are tumbling like nine pins, with India no exception, where can one look to invest or safeguard ones investment?

    Fuel to cost less if global prices fall

    The government is studying the impact of fall in global crude prices, but there is no plan to cut prices now.

    If inflation declines, rates may fall by up to 2% in long term: S Naren, ICICI Prudential Mutual Fund

    "India being a high current-account deficit country, external capital flows are vital for the economy," S Naren, ICICI Prudential Mutual Fund said.

    Falling crude boosts bonds; Re ends weak

    Bond prices rose on Monday, after the dip in global crude prices boosted market sentiment. Oil prices remaining in check provided market participants with some hopes of an easing of inflation.

    Carbon credit futures down despite falling crude oil

    Amid falling crude oil prices, carbon credit futures were trading sideways in the domestic markets today taking cues from European Climate Exchange.

    How to make your equity portfolio risk-proof to face US Fed rate hike

    The US Fed looks poised to bring the curtain down on its ultra-low interest rate regime and announce the first rate hike on Wednesday.

    Allies, Opposition demand cut in diesel, LPG prices

    The demand was aired during zero hour by Ramji Lal Suman of the SP.

    'Trouble in Europe to have a bearing on crude oil prices'

    Bahrain's oil and gas affairs minister Abdul-Hussain Bin Ali Mirza in an interview to ET spoke on crude oil prices and suggested why private ownership of petrol pumps could be sustainable bis model in Bahrain.

    Whole truck, bus chain to benefit from scrap policy: Parag Thakkar, HDFC Securities

    Tata Motors still remains the cheapest stock and the best way to play is DVR in my view. It is still 30% cheap.

    Fall in crude prices bodes well for Indian markets on a 6-12 months basis: Deepesh Pandey, IIFL Capital

    Fall in crude oil prices owing to S&P downgrade of US bodes well for India over 6-12 months in terms of inflation outlook and fiscal deficit, says Deepesh Pandey, IIFL Capital.

    Govt's policies have long-term vision, but investors are expecting quick results: Avinash Gupta, Merrill Lynch

    "From a longer-term prospective everyone is bullish on India. The story for India is going to play out over the next 3 to 5 years."

    TRACK SENSEX, NIFTY LIVE: Who moved my market today

    If you are reading this, chances are the Sensex and the Nifty are part of your daily life, and actions on Dalal Street can make or mar your day.

    Dealers see rupee touching new lows with rise in foreign portfolio outflows

    : Despite the rupee dramatically losing ground against the dollar in recent weeks, forex dealers say that in the near term its movement is likely to be range-bound.

    Rubber prices dip 35%

    Amid an overall downturn in commodity prices, India’s mostly used natural rubber variety RSS-4 fell 35% in the past one month.

    Stocks to Watch on Friday

    Approval to nuclear deal is likely to give a sentimental boost to the power and capital goods sectors. One should watch stocks like NTPC, Power Grid, BHEL and L&T.

    Oil price rise unlikely to slow developing growth

    The rise in crude oil prices to two year highs in recent weeks is unlikely to cause a major shock to economic growth in the developing world as it has sometimes in the past.

    See equities becoming much more attractive valuation-wise: Deven Choksey

    One can probably stay with JustDial for at least two years to get the best results out of it, says Deven Choksey, KR Choksey Securities.

    Figure of 8 ties Centre in knots

    The wholesale price index for the week ended May 17 crossed the 8% mark and rose to a record level of 8.1%, the highest in 45 months.

    The Economic Times