Sensex Opens Marginally Up; Oil & Gas Stocks Lead

Asian share markets are subdued today amid thin holiday trade although the dollar found support as investors pared expectations for a US rate cut this year while oil prices loitered near one-month lows on oversupply fears. US stocks eased further from recent record highs on Thursday as energy shares dropped along with oil prices and investors continued to digest comments by Federal Reserve Chairman Jerome Powell.

Back home, India share markets opened on a flat note with a positive bias. The BSE Sensex is trading up by 89 points while the NSE Nifty is trading up by 12 points. Both, the BSE Mid Cap index and BSE Small Cap index opened up by 0.2%.
NEW DELHI: Easing oil prices and a strengthening rupee favoured an upbeat start for the benchmark indices on Friday as domestic markets near an end to the truncated week.

Oil prices slipped, keeping the market in the green zone, extending a steep fall from the previous session on surging US output and an expected supply increase from producer club Opec and putting crude on track for a second week of declines, Reuters reported. Brent crude oil futures were at $70.56 per barrel, down 19 c ..

NEW DELHI: Easing oil prices and a strengthening rupee favoured an upbeat start for the benchmark indices on Friday as domestic markets near an end to the truncated week.

Oil prices slipped, keeping the market in the green zone, extending a steep fall from the previous session on surging US output and an expected supply increase from producer club Opec and putting crude on track for a second week of declines, Reuters reported. Brent crude oil futures were at $70.56 per barrel, down 19 c ..

Easing oil prices and a strengthening rupee favoured an upbeat start for the benchmark indices on Friday as domestic markets near an end to the truncated week.

Oil prices slipped, keeping the market in the green zone, extending a steep fall from the previous session on surging US output and an expected supply increase from producer club Opec and putting crude on track for a second week of declines, Reuters reported. Brent crude oil futures were at $70.56 per barrel, down 19 cents, or 0



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