Indian stocks rose on Monday, with the blue-chip Sensex hitting a record high, aided by gains in oil marketing companies as crude prices slid following protests in major Chinese cities against strict zero-COVID policies.
The benchmark Indian indexes had opened lower, mirroring the weakness in other Asian markets due to worries about the protests in China over strict COVID-19 curbs.
The MSCI Asia ex-Japan indexBut Indian shares reversed course as oil futures fell more than $2 a barrel as the protests in top importer China fuelled demand concerns. Oil-importing countries like India tend to benefit from lower crude prices.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Indian authorities say rats ate hundreds of pounds of seized cannabis that went missingAccording to court documents, police were asked to provide hundreds of pounds of cannabis in cases, but police blamed rats for the missing evidence.
Read more »
Indian Industry Heavyweights Mull Impact of Streamers on Theatrical Releases in Post-COVID EraLeading lights of the Indian entertainment industry discussed the impact of streaming platforms in the period after COVID-19 at a panel on the concluding day of the Film Bazaar market in Goa. Parti…
Read more »
Indian police arrest suspect in Australia's Toyah Cordingley murder case | CNNIndian police have arrested a man in New Delhi in connection with the murder of an Australian woman found dead on a beach in 2018 -- ending a four-year international manhunt for her suspected killer.
Read more »
Indian Acting Legend Dilip Kumar Honored With Hero of Heroes Heritage FestivalDilip Kumar, widely considered at one of India’s greatest actors, will be honored with a bespoke, heritage festival that launches next month. The Dilip Kumar Hero of Heroes festival will be held on…
Read more »
‘RRR’ Review: S.S. Rajamouli’s Glorious Indian Action SpectacleThis Telugu-language action-adventure epic, available on Netflix, has become a worldwide sensation.
Read more »
Indian Crypto Companies' Response to the FTX CollapseSandeep Nailwal, CEO of Mumbai-based ETH scaling startup, was the first to stress self-custody before it became the buzzword.
Read more »