Oil prices rose in Asia on easing concerns about the impact of the expected flood of Iranian supplies on the global market following the country's historic nuclear deal.
The market continues to rally with the Nifty holds 8500. The 50-share is up 59.45 points or 0.7 percent at 8513.55. The Sensex is up 216.55 points or 0.8 percent at 28149.45. About 1524 shares have advanced, 1138 shares declined, and 176 shares are unchanged. Maruti Suzuki, Wipro, TCS, HDFC and Tata Motors are top gainers in the Sensex. Among losers are Tata Steel, GAIL and Bharti Airtel. Oil prices rose in Asia on easing concerns about the impact of the expected flood of Iranian supplies on the global market following the country's historic nuclear deal. Iran's compliance with the terms of the agreement will lead to a lifting of crippling western economic sanctions which have restricted its key oil exports. But prices eventually settled higher yesterday as investors were confident it would take time for Iran to start exporting more crude to a market already awash with supplies.
For More Detail Visit -- http://www.allianceresearch.in/
The market continues to rally with the Nifty holds 8500. The 50-share is up 59.45 points or 0.7 percent at 8513.55. The Sensex is up 216.55 points or 0.8 percent at 28149.45. About 1524 shares have advanced, 1138 shares declined, and 176 shares are unchanged. Maruti Suzuki, Wipro, TCS, HDFC and Tata Motors are top gainers in the Sensex. Among losers are Tata Steel, GAIL and Bharti Airtel. Oil prices rose in Asia on easing concerns about the impact of the expected flood of Iranian supplies on the global market following the country's historic nuclear deal. Iran's compliance with the terms of the agreement will lead to a lifting of crippling western economic sanctions which have restricted its key oil exports. But prices eventually settled higher yesterday as investors were confident it would take time for Iran to start exporting more crude to a market already awash with supplies.
For More Detail Visit -- http://www.allianceresearch.in/
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