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As On 11-Dec-2017
SENSEX
33,443.94
193.64 (0.58%)
NIFTY
10,317.30
51.65 (0.50%)
EQUITY
    No Companies Visited

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  • Hot Commodities: Oil Plummets On Weak Equities And Heavy Selling Pressure

    Oil prices plummeted today, witnessing a free fall as weak equities clubbed with persistent profit selling pressure after recent gains hurt the sentiments. Prices are finding it difficult to surpass their two year highs. WTI Oil slipped under $57 per barrel and took a hefty tumble as equities plunged around Asia and Europe. Major indices in Europe are currently down around 1% as worries over a possible US government shutdown and US President Donald Trump's comments that he plan to transfer his country's embassy to Jerusalem hurt risk appetite. WTI Crude is currently trading at $56.84 per barrel, down 1.35% on the day. MCX Crude oil futures are also down 1.56% to trade at Rs 3666 per barrel.

    Recent spurt in oil prices is triggering a response from the suppliers. The US rig count climbed again for the week ending 1st December 2017. The United States added six rigs, four natural gas-directed and two oil-directed to finish the week at 929 active units, as against 597 a year ago. The increase came entirely from horizontal units. The domestic rig count has now gained four straight weeks to recover from a recent low of 898 rigs in first week of November 2017.

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Flash News 11-Dec-2017
  •  ( 14:42) Somany Ceramics launches new product series in tiles  
  •  ( 14:05) Deepak Nitrite's board oks raising of funds by QIP issue  
  •  ( 13:59) European stocks advance ahead of ECB, Fed meetings  
  •  ( 13:54) Key indices trade with modest gains  
  •  ( 13:47) NBCC (India) drops after large bulk deal  
  •  ( 12:16) Parag Milk Foods ties up with Taj Group  
  •  ( 11:08) Suven Life Sciences secures product patents in India and USA  
  •  ( 10:51) China consumer inflation slows more than expected in Nov  
  •  ( 10:51) Gillanders Arbuthnot's Q2 PAT rises 29.6% to Rs 7.44 cr  
  •  ( 10:28) Thyrocare Tech's board defers decision on interim dividend  
  •  ( 10:23) Thyrocare Tech's cons. Q2 PAT spurts 2007.7% to Rs 24.66 cr  
  •  ( 10:02) Ucal Fuel Systems' Q2 PAT surges 99% to Rs 15.98 crore  
  •  ( 09:52) Traders request food min to raise duty on sugar to 60%  
  •  ( 09:49) Aegis Logistics scales record high after stellar Q2 outcome  
  •  ( 08:51) UltraTech board approves hike in RFPIs limit to 40%  
  •  ( 08:45) UltraTech Cement board approves greenfield expansion   
  •  ( 08:11) US reports stronger-than-expected jobs data  
  •  ( 08:11) Gujarat first phase elections record 68% polling  
  •  ( 08:10) US equities close higher on Friday  
Show News
11 December 2017 15:10
391.00
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1127.30
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543.50
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3208.00
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531.75
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270.00
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2192.60
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1707.05
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1848.55
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3510.35
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310.95
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1004.60
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265.75
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1008.00
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1222.05
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838.55
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1417.15
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9130.00
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178.40
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178.70
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318.25
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528.60
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410.35
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233.25
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2659.00
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289.45
(2.19 %)
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