The market continued to be choppy in afternoon trade due to lack of domestic and global cues. The Sensex rose 10.02 points to 25409.74 and the Nifty declined 1.70 points to 7781.70.
European stocks rallied despite hawkish comments from a US Federal Reserve official and following April Fed minutes that raised the probability of a rate hike in June. The pan-European STOXX 600 was up 1.1 percent.
Oil prices rose today as turmoil in Nigeria, shale bankruptcies in the United States and crisis in Venezuela all contributed to tightening supplies. Despite this, brimming inventories across the world were preventing supply shortfalls and sharper price spikes, traders said.
For more information ✆ – 0731-6642300 or Visit http://ift.tt/1k8NnLH
European stocks rallied despite hawkish comments from a US Federal Reserve official and following April Fed minutes that raised the probability of a rate hike in June. The pan-European STOXX 600 was up 1.1 percent.
Oil prices rose today as turmoil in Nigeria, shale bankruptcies in the United States and crisis in Venezuela all contributed to tightening supplies. Despite this, brimming inventories across the world were preventing supply shortfalls and sharper price spikes, traders said.
For more information ✆ – 0731-6642300 or Visit http://ift.tt/1k8NnLH
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