The drop has come despite a small output cut by the Organization of the Petroleum Exporting Countries (OPEC) and allies, together called OPEC+, Russia’s threat to cut oil flows to any country that backs a price cap on its crude, and a weaker outlook for U.S. oil production growth.
Market likely to extend breakouts this week, sector rotation can’t be ruled out
From a technical standpoint, Nifty50 remains firmly on a rising trajectory. If it continues to advance within its defined and laid path, it may go
December 3, 2023