financetom
Market
financetom
/
Market
/
Oil has been a surprise positive catalyst for markets, says Centrum Broking
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Oil has been a surprise positive catalyst for markets, says Centrum Broking
Nov 26, 2018 4:17 AM

Centrum Broking on Monday said crude oil has been a surprise positive catalyst for markets.

In an interview to CNBC-TV18, Nischal Maheshwari, chief executive officer, institutional equities and advisory, said there is some nervousness as far as the outcome of state elections are concerned.

Maheshwari believes that it's a good time to start accumulating stocks as valuations are in favour and on the macro side, things are seeming to be pretty good.

On Yes Bank, Maheshwari said there is uncertainty with respect to leadership.

Disclaimer:

The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.

First Published:Nov 26, 2018 1:17 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Update: Gold Trading Higher Midafternoon for the First Time In Five Sessions as the Dollar Weakens in Holiday Trading
Update: Gold Trading Higher Midafternoon for the First Time In Five Sessions as the Dollar Weakens in Holiday Trading
May 27, 2024
02:00 PM EDT, 05/27/2024 (MT Newswires) -- (Updates prices.) Gold prices traded higher midafternoon, rising for the first time in five sessions early on Monday in light holiday trade as the dollar edged down. Gold for August delivery was last seen up $21.30 to US$2,378.20 per ounce. The price of the metal has weakened since closing at a record US$2,461.70...
Gold Up For the First Time In Five Sessions as the Dollar Weakens in Holiday Trading
Gold Up For the First Time In Five Sessions as the Dollar Weakens in Holiday Trading
May 27, 2024
09:14 AM EDT, 05/27/2024 (MT Newswires) -- Gold prices rose for the first time in five sessions early on Monday in light holiday trade as the dollar edged down. Gold for August delivery was last seen up $15.30 to US$2,372.20 per ounce. The price of the metal has weakened since closing at a record US$2,461.70 per ounce a week ago...
Japan's Nikkei rebounds on Wall Street gains; financial sector rallies
Japan's Nikkei rebounds on Wall Street gains; financial sector rallies
May 26, 2024
(Updates with closing levels) By Brigid Riley TOKYO, May 27 (Reuters) - Japan's Nikkei share average edged up on Monday to track Wall Street higher, while the financial sector rallied to give the index an additional boost as Japan's government bond yields hit fresh decade peaks. After slumping at the end of last week, the benchmark index rebounded, following a...
Is The US Stock Market Open On Memorial Day? Why The S&P 500 Could End The Year On A High Note
Is The US Stock Market Open On Memorial Day? Why The S&P 500 Could End The Year On A High Note
May 27, 2024
The U.S. stock market will be closed on Monday, May 27, 2024, in observance of Memorial Day. Observed on the last Monday of May, Memorial Day honors the men and women who have died in military service to the United States. This holiday marks the unofficial start of summer and is a time for family gatherings, parades, and remembrance ceremonies...
Copyright 2023-2026 - www.financetom.com All Rights Reserved