06:22
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The market is still slipping as the Sensex is down 606.52 points or 2 percent at 26833.62 and the Nifty is down 193.25 points or 2 percent at 8131.55. About 430 shares have advanced, 1857 shares declined, and 140 shares are unchanged.
Brent crude prices spike up further trading above USD 68 per barrel. Crude oil futures surged by Rs 66 to Rs 3,923 per barrel today as speculators engaged in creating positions amid a firm trend overseas. In futures trading at the Multi Commodity Exchange, crude oil for delivery in May shot up by Rs 66, or 1.71 percent, to Rs 3,923 per barrel, with a business turnover of 3,292 lots. The oil for delivery in June also climbed by Rs 62 or 1.57 percent to Rs 4,010 per barrel in a turnover of 250 lots.
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Posted in: Indian Market Tips
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