Many state governments like that of Rajasthan, West Bengal, Assam and Meghalaya have reduced VAT
India being the third-biggest oil consumer, has urged major oil exporters to ease the supply situation
Benchmark equity indices are likely to remain volatile in the forthcoming week as traders roll over positions in the F&O segment from the near month J
Fresh tensions in the middle east and expectation of increase in demand of crude oil are also currently providing support to the crude oil prices.
Macroeconomic data, the movement of rupee against the dollar and crude oil prices will dictate trend on the bourses in the near term.