Indian Stock market saw dip in the morning opening due to renewed tensions between United States and Iran after US launched fresh strikes Iran.
A recovery in global oil demand from a low of 97.9 million barrel per day (mb/d) in May (a decline of 5.3 mb/d year-on-year) is underway and by October, the International Energy Agency (IEA) expects global demand to be up by more than 8 mb/d from the May low point, putting it above 2025 levels for the first time since February.
The Sensex opened in positive at 76,758.96, while the Nifty slipped 450.40 points in early trade. The Bank Nifty also opened in the red, reflecting weakness in banking stocks.
North India has got its first in-mall Tesla EV charging facility, reflecting the company’s continued investment in expanding charging access across the country.
The rate for 24-karat gold surged sharply to Rs 16,473 per gram, equivalent to Rs 1,64,730 per 10 grams, registering a one-day gain of Rs 316 per gram.
The fair will be held between November 14 and 27 at the Bharat Mandapam. Since Hall No. 7 is under construction, it will not be part of the fair. The first five days of the 14-day fair will be reserved for business visitors, while the remaining nine days will be open to the general public.
GP Hinduja’s passing marks the end of an era. He not only strengthened the family business’s international standing but also served as a source of inspiration for Indian-origin business leaders. His vision and business acumen will always be remembered.
Brent crude futures fell 12 cents, or 0.19%, to $62.27 per barrel, while US West Texas Intermediate futures fell 10 cents, or 0.17%, to $58.60 per barrel.
Life insurance policies will be exempted after the implementation of the new GST rates. All individual life insurance policies are now exempt from GST.
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