Crude Oil Marketers Gains As Crude Resumes Decline

The stocks were the best performers on the Nifty 50 Index.

Shares of the Crude oil marketing companies rose in today’s trade after the crude oil resumed declines after a one-day rally.

The Brent crude oil slip 0.86 percent to trade at 69.52 a barrel.

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Indian Rupee Hits Record Low As Dollar Index Surges

Rupee, Bonds Gain as Crude Oil Prices Ease

Gold Silver Reports (GSR)— This prompted FIIs to buy nearly $1.26 billion in domestic debt over the last nine trading sessions (between 24 October and 5 November). So far this year, FIIs have offloaded $7.76 billion in domestic bonds.

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Gold vs bank FDs vs Stocks: How Much You Would Have Earned

Gold vs bank FDs vs Stocks: How Much You Would Have Earned – Building a portfolio is a complex exercise, and it has to be maintained too. A person’s portfolio holds different types of assets based on her financial goals, and each asset class gives different types of returns, which is why a portfolio must have an ideal mix of financial products.

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NBFC Scare Shaves 8.5% of IndusInd Bank Share Price

Gold Silver Reports (GSR) — IndusInd Bank, known for its pristine asset quality, is finding itself increasingly under pressure after it made public its exposure to the troubled Infrastructure Leasing and Financial Services Ltd (IL&FS). The private lender’s stock fell 8.5% on Monday as investors got jittery over the exposure. In its results press release, the lender had said that it has provided ₹275 crore towards to IL&FS though the exposure has not turned bad.

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India’s Richest Brothers and How they Grew $41 Billion Apart

Elder sibling Mukesh Ambani, 61, toppled China’s Jack Ma as Asia’s richest man, after driving a telecommunications revolution in India that propelled his petrochemicals conglomerate Reliance Industries Ltd. into the $100 billion club. His personal fortune had swollen to more than $40 billion as of Friday, according to the Bloomberg Billionaires Index, billions ahead of Ma and at similar levels to Microsoft Corp.’s former chief, Steve Ballmer.

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