Nifty

Sensex, BSE MidCap Valuation Gap Shrinks Sharply in FY19

With the BSE MidCap index seeing a sharp fall this year, its valuation premium over larger set of stocks is shrinking at a rapid pace. From beginning of this fiscal, the premium of BSE MidCap index to Sensex has slipped 65.11% to current levels from the highs it had touched on 3 September.

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Commodity Corner: Oil Prices Ease, Gold Rates Little Changed – Gold Silver Reports

Crude Oil:

Crude Oil prices fell from four-year highs reached the previous session, pressured by rising US inventories and after sources said Russia and Saudi Arabia struck a private deal in September to raise crude output. Brent crude oil futures were trading at $85.85 per barrel, down 44 cents, or 0.5%, from their last close. Brent on Wednesday hit a four-year high of $86.74 a barrel. US WTI crude futures were down 30 cents, or 0.4%, at $76.11 a barrel.

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