WTI Crude oil futures stayed weak today amid bearish cues from the global equities and hovered well under the key $90 per barrel mark. Asian markets dropped with heavy losses in benchmarks in China, Hong Kong and Japan. European shares saw deep declines with German DAX index slumping around 1.70%. The US stocks stayed under continued stress amid inflationary worries as the main index extended […]
The domestic equity benchmarks witnessed sharp sell-off and ended the week with deep cuts. Hotter than expected inflation in the US solidified the chances of aggressive rate hikes from the US Federal Reserve. The Nifty settled below the 17,800 level. In the week ended on Friday, 16 September 2022, the Sensex tumbled 952.35 points or 1.59% to settle at 58,840.79. The Nifty 50 index slumped […]
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