Oil prices remained stable after a previous increase due to drone attacks on Russian ports and refineries. Traders are anticipating a U.S. Federal Reserve rate cut, while also monitoring potential disruptions to Russian oil supply and the European Commission’s plans to reduce reliance on Russian fossil fuels. U.S.
GIFT Nifty hits record open interest of $21.56 billion; contracts touch all-time high
GIFT Nifty has hit a record open interest of $21.56 billion, reflecting rising global investor participation in India’s offshore derivatives market. The milestone, achieved on