By Sethuraman N R BENGALURU (Reuters) -Indian shares ended down in choppy trading on Friday as energy and pharma stocks fell amid geopolitical tensions over Ukraine and uncertainty over U.S. Federal Reserve’s rate hike plans. The NSE Nifty 50 index fell 0.16% to 17,276.30, while the S&P BSE Sensex dipped 0.1% to 57,832.97. Both the …
Indian shares end lower as energy, pharma stocks fall amid Ukraine tensions Read More »
By Rajendra Jadhav MUMBAI (Reuters) – Indian traders have contracted to import a record 100,000 tonnes of soyoil from the United States because of limited supplies from drought-hit South America, at a time when prices of rival palm oil are scaling record highs, three dealers told Reuters. The higher purchases from the United States are …
Exclusive-India makes record U.S. soyoil purchases as drought parches South America Read More »
By Herbert Lash NEW YORK (Reuters) – Gold prices jumped to an eight-month high and safe-haven debt rose on Thursday after U.S. President Joe Biden said there was every indication Russia planned to attack Ukraine, while Moscow accused Washington of ignoring its security demands. A gauge of global equities fell more than 1% despite strong …
Gold jumps, stocks slide as Ukraine tensions rise Read More »
By Brijesh Patel (Reuters) – Gold prices on Thursday rose above $1,900 for the first time since June as investors flocked to the safety of bullion after U.S. President Joe Biden said there was every indication Russia was planning to invade Ukraine. Spot gold jumped 1.7% to $1,899.84 per ounce by 02:22 p.m. ET (1922 …
Gold tops $1,900/oz for first time since June as Ukraine tensions grow Read More »
By Scott DiSavino NEW YORK (Reuters) -Oil prices fell about 2% on Thursday as talks to resurrect a nuclear deal with Iran entered their final stages which could unlock more crude supplies, but losses were limited by tension between top energy exporter Russia and the West over Ukraine. “(The) oil market is locked in a …
Oil slides 2% as Iran talks offset Ukraine crisis Read More »
By Sethuraman N R BENGALURU (Reuters) -Indian shares closed lower in volatile trading on Thursday as tensions over Ukraine outweighed the impact of the U.S. Federal Reserve’s less-than-feared hawkish stance, reflected in the minutes of its last policy meet. The NSE Nifty 50 index fell 0.1% at 17,304, while the S&P BSE Sensex was down …
Ukraine tensions drive Indian shares lower in volatile trading Read More »
By Nupur Anand and Abhirup Roy MUMBAI (Reuters) – Next month’s mammoth stock market debut for India’s Life Insurance Corporation (LIC) has battered shares in other insurers as investors trim their holdings to make room for the state-owned giant, fund managers and analysts said. The flotation, potentially raising $8 billion, likely will continue to drag …
LIC’s looming IPO weighs on India insurer shares, investors say Read More »
By Bharat Gautam (Reuters) – Gold prices gained on Thursday after a steady start on a Russian news report of mortar fire in eastern Ukraine that sent investors scurrying to safe-haven assets. Spot gold rose 0.3% to $1,874.55 per ounce, as of 0753 GMT, hovering near a June high of $1,879.48 hit on Tuesday, and …
Gold rises on Russian report of firing in Ukraine Read More »
By Nidhi Verma and Florence Tan NEW DELHI (Reuters) – India’s Reliance Industries Ltd, operator of the world’s biggest refining complex at Jamnagar in western India, has deferred a maintenance shutdown of a crude unit at its export-focussed plant to September from March, sources familiar with the matter said. The refiner had earlier planned to …
India Reliance delays 21-day crude unit shutdown to Sept- sources Read More »
By David Gaffen NEW YORK (Reuters) -Oil prices rose more than 1% on Wednesday as investors weighed conflicting statements on the possible withdrawal of some Russian troops from around Ukraine. Futures fell after the settlement, however, after U.S. and Iranian officials said they were much closer to an agreement on the latter’s nuclear weapons development …
Oil resumes rally as Russia-Ukraine tensions stay high Read More »
