The market is holding on to its gains as the Sensex is up
373.30 points or 1.4 percent at 27880.84, and the Nifty is up 113.05 points or
1.4 percent at 8397.05. About 1837 shares have advanced, 857 shares declined,
and 790 shares are unchanged.
HDFC, BHEL, ICICI Bank, Axis Bank and Tata Motors are top
gainers in the Sensex. Top losers include M&M, Hero and Bajaj Auto.
Brent crude futures retreated from early highs above USD 58
and fell towards USD 57 a barrel on Friday as an abundance of oil erased earlier
support drawn from a larger-than-expected fall in US crude stocks. US crude
inventories fell by 1.8 million barrels in the last week as refineries raised
production, compared with analysts' expectations of a decrease of 67,000
barrels.
Oil prices have fallen by half from last year's peak to a
5-5.5-year low, under pressure from a global glut of crude, exacerbated by the
refusal of the world's top oil exporter, Saudi Arabia, to trim supply. More
information please visit this site www.bigprofitbuzz.com
No comments:
Post a Comment