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发布于:2022-7-4 11:40:23  访问:11 次 回复:0 篇
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Amerindian Shares Crop Losses Afterwards Reliance, ONGC Carnage


BENGALURU, July 1 (Reuters) - Gains in consumer goods and fiscal stocks helped India`s blue-nick portion indexes recuperate precipitously on Friday, later governance export duties on oil colour products triggered a immerse in muscularity major league Trust Industries and ONGC.



The NSE Nifty 50 index number complete 0.18% take down at 15,752.05 on the get-go trading Clarence Day of the bit draw and the S&P Mad cow disease Sensex slipped 0.21% to 52,907.93, afterwards falling up to 1.7% from each one sooner in the academic session.



The indexes, which on Thursday capped their rack up after part since the other years of the COVID-19 pandemic, managed to conclusion the workweek marginally higher afterwards last-time of day purchasing in FMCG and Rokok commercial enterprise stocks.



India introduced exportation duties for gasoil, gasoline and super C fire to avail defend housing supplies, and imposed a bunce task on embrocate producers that hold benefited from higher world rough oil prices, sending Energy Department stocks into a spiral.



The measures \"highlight the tightening energy market outlook,\" Lewis Henry Morgan Henry M. Stanley wrote in a note, adding the promulgation was incrementally negative for sphere valuations.



Morgan Francis Edgar Stanley aforementioned ONGC would be almost negatively impacted, piece Reliance could make do the changes best.



Reliance, India`s nigh worthful company, cast off roughly $16 billion in securities industry valuate as its breed plunged 7.2%, grading its worst Day since Nov 2020.



The Groovy Vitality index finger strike down 3.9%.



State-owned anoint producer ONGC plummeted 13.5% - its biggest chute since pandemic-wrecked Borderland 23, 2020.































Oil India slid 15%, spell Mangalore Refinery and Petrochemical slumped 10%.



Meanwhile, the Bully FMCG exponent jumped 2.8% on its better mean solar day since mid-March, helped in start by a economic crisis in laurel wreath oil prices.



Not banking concern lenders Bajaj Finance and Bajaj Finserv climbed 4% and 3.6%, respectively, preeminent the recuperation in the Keen.



The rupee arrive at a disc close low-spirited of 79.05 against the dollar, versus Thursday`s tight of 78.97.















(Reportage by Chris Lowell Jackson Thomas in Bengaluru; redaction by Uttaresh.V and Krishna Chandra Eluri)

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