Market Watch

Friday, 13 June 2014

Latest Stock Tips Updates and News

Shares of oil marketing companies such as BPCL, IOCLBSE -5.07 % and HPCLBSE -8.17 % slipped as much as 8 percent as international crude oil prices shot up on concerns of supply disruption following tensions in Iraq.

Indian shares slumped nearly 1.5 percent on Friday, posting their biggest single-day fall in nearly 4-1/2 months as blue-chips such as ICICI Bank fell on risk aversion after crude oil scaled nine-month highs on rising violence in Iraq.

The 30-share BSE Sensex fell 348 points, the biggest drop since January 27, following geo-political tensions that overshadowed the positive economic data announced on Thursday.

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