Speculators largely bet on oil in anticipation that the vulnerabilities in the security of the key oil shipping passage may dent export. In addition, the armed drone attacks by Yemen’s Houthi Rebels at Saudi oil installations have also lifted the sentiments of oil. … [Read more...] about Crude oil in Indian futures market rose 38% in 2019: Where is it headed now?
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Around 400 companies will declare their quarterly earnings in the coming week, which include SBI, ITC, HUL, Maruti Suzuki, HDFC, Dr. Reddy's Labs, Bajaj Finance, Bajaj Finserv, Bajaj Auto, Tata Motors, Bharti Infratel, Tech Mahindra, Power Grid, IOC, Dabur, InterGlobe Aviation, United Spirits, Torrent Pharma, Spandana Sphoorty, Cummins, M&M Financial, Tata Power, Escorts, Godrej Consumer Products, Colgate Palmolive, Marico, LIC Housing, Vedanta, Bank of India, Amara Raja Batteries, etc. … [Read more...] about Market Week Ahead: 10 key things that will keep traders busy this week
The company had said in November 2019 that it would close down its loss-making Saldanha Works due to various factors, including a global downturn in the steel market and a reduction of the plant's export edge due to high costs of electricity, rail transport and price regulation. … [Read more...] about ArcelorMittal SA heads for huge loss; to shed 1,000 jobs