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Share market update: Nifty Private Bank index rises; RBL Bank up over 1%

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NEW DELHI: Shares of private sector banks were trading in the positive zone with the Nifty Private Bank index up 0.14 per cent at 15,188.20 around 02:54 pm on Thursday.  Shares of RBL Bank (up 1.49 per cent), Federal BankNSE 1.78 % (up 1.14 per cent) and IndusInd Bank (up 0.88 per cent) were trading higher .  South Indian Bank (up 0.33 per cent), ICICI Bank (up 0.22 per cent) and YES Bank (up 0.20 per cent) too were trading with gains.  Benchmark NSE Nifty50 index was up 62.50 points at 10,792.35 while the BSE Sensex was up 225.51 points at 35,875.45.  Among the 50 stocks in the Nifty index , 26 were trading in the green, while 23 were in the red.  Shares of YES Bank, Indian Oil Corp, Bank of Baroda, Infosys, Idea Cellular, SBI, Vedanta, RIL, BEL and ONGC were among the most traded shares on the National Stock Exchange.  For More Details, You Can Contact On:  HELPLINE NO: +91-9770099099 For Free Trial:  http...
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'Oil prices should start to stabilise in first-half of 2019'

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Russian Energy Minister Alexander Novak said on Tuesday that oil prices, which fell by more than a third this quarter, would become more stable in the first half of 2019.  The Organization of the Petroleum Exporting Countries (Opec) and other large oil producers led by Russia agreed earlier this month to cut their combined crude output by 1.2 million barrels per day from January in order to stem the fall in oil prices.  "I think that during the first half, due to joint efforts, which were confirmed by the Opec and non-Opec countries this December, the situation will be more stable, more balanced," Novak said in an interview on Rossiya-24 TV.  Novak also said there were no proposals for an extraordinary meeting with Opec, and he attributed the fall in oil prices to macroeconomic factors .  "Those are the fundamental factors: the decrease of demand in winter and, of course, the macro economy as we've been witnessing a decline in global economic activity...
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Gold prices to trade higher today: Angel Commodities

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According to Angel Commodities ,Last week, spot gold prices increased by 0.43 percent to trade at $1226. However, gold prices touched a low of $1217 as dollar slipped on account of the uncertainty of pace of future rate hikes by US FED. Angel Commodities' report on Gold Last week, spot gold prices increased by 0.43 percent to trade at $1226. However, gold prices touched a low of $1217 as dollar slipped on account of the uncertainty of pace of future rate hikes by US FED. The recently announced core durable goods data and unemployment claims for the previous week reiterated the weakness in us dollar. Earlier during the week US FED comments on slowing down of the rate hike cycle dragged down the US dollar in turn pushing up the yellow metal. The yellow metal gained during the week on account of continued weakness in US dollar evident during the week. On MCX, gold prices decreased by 0.47 percent to cl ose at Rs. 30860. Outlook We expect gold prices to trade higher as...
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