Brent crude was trading at $46.36/barrel (down 7.84 per cent) at 11.46 pm IST.
The benchmark index, however, is still about 7.5% below its record close on Feb. 19 and fears about the economic fallout remain at the forefront of investors' minds
Telecom stocks are likely to remain in focus today as the government on Wednesday asked Bharti Airtel, Vodafone Idea and other telecom companies to pay remaining AGR dues as per the SC order
Apart from the coronavirus newsflow, investors will await the release of India Service PMI numbers for February to be released today
Today is the second day for SBI Card's IPO. Despite the volatility in the market, the Rs 10,350-crore initial public offering of SBI Cards and Payment Services was off to a good a start on Monday
Wall Street stocks tumbled in opening trading Friday, suffering another steep decline as fears of an economic slowdown due to coronavirus again pummeled global markets. Shortly after the opening bell, the Dow Jones Industrial Average was down nearly 800 points, or 3.0 per cent, at 24,986.27. The index had shed more than 11 per cent this week heading into Friday's session. The broad-based S&P 500 sank 3.1 per cent to 2,887.31, while the tech-rich Nasdaq Composite Index plunged 3.3 per cent to 8,285.87.
The Nasdaq Composite dropped 236.74 points, or 2.64%, to 8,744.03 at the opening bell
(Reuters) - The Nasdaq Composite index fell on Wednesday, dragged down by losses in Amazon and Apple, while gains in healthcare stocks propped up the Dow and the S&P 500.