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(RTTNews) - Indian shares were moving lower in cautious trade on Thursday, tracking mixed cues from global markets after firmer-than-expected U.S. inflation data revived Fed rate hike bets.
We haven't written up this one. Nasdaq Markets has the full story — the link below goes straight to it.
Markets also tracked US petroleum data, with gasoline and distillate inventories declining despite a marginal rise in crude stockpiles.
Oil prices fell again on continued supply concerns, as upcoming talks are expected to ease disruptions in the Strait of Hormuz.
The U.S. dollar fell marginally against the Vietnamese dong Thursday morning.
Vietnam gold prices rose Thursday morning, extending their gains for more than a week and narrowing the gap with their level at the start of the year.
Air India is seeking about US$1.5 billion in fresh equity from its owners Tata Sons and Singapore Airlines, months after the second-largest Indian airline posted a record annual loss.
