Sensex zooms over 1,700 pts to reclaim 58K-level; Nifty above 17K : Rashtra News #Sensex #zooms #pts #reclaim #58Klevel #Nifty #17K The BSE gauge Sensex zoomed past the 58,000-mark by rebounding over 1,700 points and the Nifty recaptured the 17,000-level on Tuesday after a massive plunge in the previous session. The 30-share Sensex surged 1,736.21
Oil Prices: Brent futures fell 12 cents, or 0.2%, to USD 81.96 a barrel as at 0723 GMT, while U.S. West Texas Intermediate (WTI) dropped 21 cents, or 0.2%, to USD 77.8.
The New York Fed said its January Survey of Consumer Expectations showed the outlook for inflation a year and five years from now were unchanged, with both remaining above the Fed s 2% target rate.
(Bloomberg) It’s a busy week for earnings, with Exxon Mobil Corp., Chevron Corp. and Shell Plc kicking off Big Oil’s reporting season and Nucor Corp., Cleveland-Cliffs Inc. and United States Steel Corp. highlighting the metals sector. The OPEC+ monitoring committee also meets to discuss production levels.Most Read from BloombergTraders Line Up for ‘Once-in-a-Generation’ Emerging Markets BetBlackstone Is Building a $25 Billion Empire of Power-Hungry Data CentersTrump Cash Stockpile at Risk Fro