Oil stocks fell after BPCL announced disappointing results

  • Achiievers

Nifty retreated on Tuesday as oil and metals came back to haunt the index. Oil stocks fell sharply after BPCL announced disappointing results on Monday. With the China-US trade war continuing, there is also a fear of a global slowdown in trade and GDP
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NIFTY BOUNCES SHARPLY, SUSTENANCE DOUBTFUL

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The Nifty showed a sharp 220 points rise on Monday on the back of positive results from ICICI Bank and the government decision to infuse Rs.40,000 crore into the money market through the OMO route to improve liquidity. Lower oil prices and a positive
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Nifty bounce literally surprised all

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On a day of negative global cues, the Nifty bounce literally surprised all. Nifty showed tremendous resilience to jump by 221 points on Monday. The bounce was largely led by ICICI Bank which announced better than expected quarterly results. The government
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Nifty continues to be driven by negative global cues

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With an eventful week coming up, the Nifty continues to be driven by negative global cues as it closed perilously near to the 10,000 mark on Friday. DJIA and the NASDAQ correcting sharply on Friday and European markets like the FTSE, DAX and the CAC lost
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NIFTY PERILOUSLY CLOSE TO THE 10,000 MARK

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The Nifty closed very close to the psychological level of 10,000 even as the cues coming in from the Dow and NASDAQ continued to be negative. Europe is still feeling the strain of the Italian issue. Asian markets have been buoyant on Monday led
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Weekly Capsule (Oct 22 – Oct 26) and Impact Analysis

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News Announcement Impact Analysis World markets fell sharply as US and Europe touched multi-month lows US markets were hit by the potential outcome of a trade slowdown caused by the sanctions European Union has been trying hard to
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Commercial Paper

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Why are NBFCs in a rush to buy back their Commercial Paper At a time when the biggest risk in the market is the ability of NBFC’s to access funds, there is a different kind of story that is playing out in the market. In the last one week, three very
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Equitas & Ujjivan

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What went wrong with the Small Finance Bank stricture If you look at the price charts of two recent MFI listings (Ujjivan and Equitas), both stocks are quoting below their issue price. But the real price damage has happened after the recent RBI ruling.
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