Tag: crude oil prices

By Ravi Dutta Mishra and Rohit Vaid, Mumbai : A slide in global crude oil prices, along with a healthy influx of foreign funds and a strengthened rupee buoyed the Indian equity market indices during the just-concluded week. In addition, healthy macro-economic inflation and trade data as well as credit rating agency Fitch affirming India's 'Long-Term Foreign-Currency Issuer Default Rating' (IDR) at 'BBB-' with a stable outlook, enhanced the risk-taking appetite of investors. Consequently, the S&P BSE Sensex gained 298.61 points, or 0.8 per cent, to close at 35,457.16 points. Similarly, the 50-share...