Oil prices are up around 16 per cent so far this year near the $90 per barrel-mark, with supply worries high given escalating Middle East tensions between Iran and Israel and back-to-back attacks on energy infrastructure between Ukraine and Russia. The rise in prices comes after crude oil had cooled down as the Organisation of Petroleum Exporting Countries (OPEC).
Open FlipThe fiscal 2023-24 was undoubtedly a good year for stock markets in general, thus delivering an impressive return of 30% to the benchmark index of Nifty50. No wonder then the stocks and mutual funds drew investors galore. It will, therefore, not come as a surprise that a total of 185 new fund offers, or NFOs, were launched in fiscal 2024, raising a whopping ₹66,364 crore, shows the AMFI data.
Open FlipNSE International Exchange (NSE IX) has received US Securities Exchange Commission (SEC) class relief, allowing US clients to participate in trading Equity Index Option Contracts on the bourse, according to a statement. The class relief allows NSE IX members to get acquainted with equity indices at NSE IX through activities with approved broker-dealers and financial institutions in the US.
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