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Axis bank The Competition Commission of India has considered the proposed combination and approved the subscription to 14,25,79,161 equity shares of Max Life by the Bank. KEC International The company has secured new orders of Rs. 816 crores across its various businesses Brigade Enterprise Brigade Group signs a Joint Development Agreement for an Office Space in Whitefield, Bengaluru with a Development Value of Rs.340 Crores. Vedanta Vedanta Aluminium Expands Alumina Refining Capacity to 3.5 million tonnes per annum (MTPA)”. Anup Engineering Board fixed 23rd April 2024 as the Record Date for bonus issue Gufic Biosciences The company has incorporated a wholly owned subsidiary, “VEIRA LIFE FZE,” in Dubai for the marketing, distribution, and sale of pharmaceutical products. GE Power The company received orders worth Rs 774.9 crore from Jaiprakash Power. Suryoday Small Finance Bank The company reported disbursements at Rs 2,340 crore, up 39% YoY in the fourth quarter, gross advances at Rs 8,650 crore, up 41% YoY and total deposits at Rs 7,775 crore, up 50% YoY. RBL Bank The company reported total deposits at Rs 1.03 lakh crore, up 22% YoY as of March 31 and gross advances at Rs 85,640 crore, up 5% YoY. Vodafone Idea The board will meet on April 6 to consider share issuance proposals of equity and/or convertible shares on a preferential basis. L&T Finance Holdings The company reported retail loan book at Rs 80,010 crore in the fourth quarter, up 31% YoY and retail disbursements at Rs 15,030 crore, up 33% YoY
Thu. Apr 11th, 2024

CRUDE OIL AT BUY LEVEL

By earn Nov 14, 2023 #Crude #crude oil
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Buy Crude Oil at 6500 Target will be 6570 and 6600 

Sharp Rise in Oil Prices Possible

Oil prices have been on a steady rise in recent months, and experts believe that this trend is likely to continue. There are a number of factors driving the increase in oil prices, including:

  • Supply cuts by OPEC and its allies: OPEC and its allies have agreed to cut oil production in an effort to boost prices. These cuts have been successful in reducing the global supply of oil, which has helped to push up prices.
  • Increased demand from China: China’s economy is recovering from the COVID-19 pandemic, and this is leading to increased demand for oil.
  • The war in Ukraine: The war in Ukraine has disrupted global energy markets and led to increased uncertainty. This uncertainty has also contributed to the rise in oil prices.

Some experts believe oil prices could rise above $100 per barrel in the coming months. This would be a significant increase from current levels, and it would have several implications for the global economy.

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