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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The street has wide expectations from the Finance Minister Nirmala Sitharaman including restructuring in Securities Transaction Tax (STT), long-term capital gain tax, distribution tax, cut in personal income tax, positive measures to industries, schemes for rural market to boost consumption, large-scale disinvestments of PSUs, steps to implement the next phase of Direct Benefit Transfer (DBT) etc. Sector-specific goodies could also be on the cards for segments like agriculture, housing finance, auto, infra, realty etc. … [Read more...] about Market Week Ahead: 10 key things that will keep traders busy this week