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Oil snaps three-day winning streak on US, China growth concerns; Brent at $80

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Oil snaps three-day winning streak on US, China growth concerns; Brent at $80

International crude oil prices snapped their three-day winning streak and fell around two per cent on Tuesday, August 27. Worries that slower economic growth in the US and China could reduce energy demand dragged prices down, especially after they surged over seven per cent in the prior three days. Brent futures last fell $1.31, or … Read more

India Q1 GDP, F&O expiry, global cues among key market triggers this week

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India Q1 GDP, F&O expiry, global cues among key market triggers this week

Indian stock markets moved closer to record highs by the end of last week, supported by mostly favourable cues amid improving global sentiments. In the last week of August, investors will eye upcoming domestic and global macroeconomic data, India’s economic growth numbers, foreign fund inflow, crude oil prices, and global cues. Domestic benchmarks rose for … Read more