Tag: rebounds

US oil rebounds, back in positive territory

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SINGAPORE: US oil prices rebounded back above zero Tuesday, a day after futures ended in negative territory for the first time as a coronavirus-triggered collapse in demand leaves the world awash in crude. US benchmark West Texas Intermediate for May delivery was changing hands at $0.56 a barrel after closing at -$37.63 in New York.…

Sensex rebounds 400 points after four days of losses; banks, metals lead gains

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Indian markets rebounded today after falling over the past four sessions. Higher Asian markets helped lift the sentiment. The Sensex was up over 400 points while Nifty reclaimed 12,100. Metal, pharma and banking stocks led the gains today. Among the Sensex stocks, RIL, HDFC, Kotak Mahindra Bank, IndusInd Bank, HCL Tech, SBI and Tata Steel…