Auto Sector

Petrol and Diesel prices in cities across India on 12-06-2023

The e-auction, according to reports, began on May 19 and finished on May 23. This was its longest duration since operators were permitted to sell petroleum through open tender.

The company, supported by Prem Watsa's Fairfax and seasoned businessman Kamesh Goyal, plans to introduce its first product in the next 30 days.

Here is a quick update on the start-up scenario this week.

As markets look for cues from policymakers on the future course of interest rates, the Fed, ECB, and Bank of Japan (BOJ) policy meetings will set the tone for the week.

Brent crude futures were down 29 cents, or 0.4%, to $74.50 per barrel. American West Texas Intermediate (WTI) crude was down 24 cents or 0.3% at $69.93 a barrel.

Sensex and Nifty showed a slight upward movement in the pre-opening trade

Spot gold had decreased 0.1% to $1,957.92 per ounce. Futures for U.S. gold decreased 0.2% to $1,972.60.

Investors with very high risk appetite and want to invest for 5 to 7 years in a mutual fund should invest in 360 ONE Flexicap Fund.

As the name suggests, the fund would be invested across asset classes like equity, futures, bonds, gold, silver, and other assets like REITs.