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Indian blue-chip indices, BSE Sensex and Nifty50, hit new record highs on Monday driven by Tata Steel, Bharti Airtel, JSW Steel, NTPC, HDFC Bank, and Kotak Bank; Wipro, Maruti, M&M, Asian Paints, and Power Grid opened lower. Adani Ports surged 3% after joining Sensex.
Oil prices steadied in Asian trading on Monday as markets awaited an OPEC+ meeting on June 2 where producers are expected to discuss maintaining voluntary output cuts for the rest of the year. ... -May 27, 2024 at 12:34 am EDT - MarketScreener
(Bloomberg) -- Asian shares gained as the dollar eased amid bets that the Federal Reserve will cut interest rates this year and that U.S. inflation data
The Japanese stock market is trading modestly higher on Monday, reversing the losses in the previous session. The benchmark S&P/ASX 200 is moving above the 38,700 level, following the broadly positive cues from Wall Street cues on Friday, with gains in index heavyweights and technology stocks.
Oil prices remain stable as markets anticipate the upcoming OPEC+ meeting's impact on future production and pricing strategies.