Lot of action was in few counters but considering the whole market the proceeds were on the minor side around Rs 49,500 crore on the F&O space as against Rs 56,000 crore during the previous week, so just about 15 per cent decline in turnover.

According to stock market expert Narendra Nainani, looking at the Nifty futures, which marked their closure provisionally around 5 or 6 points premium but intra-day they had descended into discount so from the lows of the day stock market has recovered and investors could have seen some fresh long positions returning into the Nifty.

Dubai, Apr 8: The emirate of Abu Dhabi in the UAE, although an oil producer, is considered to be one of the strong candidates for hosting the headquarters of the International Renewable Energy Agency (IRENA) which was officially established in Bonn earlier this year.

The United Arab Emirates have been actively promoting renewable energy, and Abu Dhabi in particular has launched the innovative Masdar initiative - a pioneering project which will be the world''s first carbon - neutral, zero waste city.

Vienna - The price for oil produced b

Karvy Stock Broking Limited has maintained ‘buy’ rating on Reliance Petroleum Ltd (RPL) stock with an intraday target of Rs 112.

According to Karvy, interested traders can purchase the stock between Rs 102-103 with a strict stop loss of Rs 98.50. If the stock market remains on positive track, the stock pricing becomes more attractive, and reach above Rs 114.
 
Shares of the company, on Thursday (April 02), closed at Rs 103.60 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 206.45 and a low of Rs 68.10 on BSE.

Amman - The Jordanian government will sign a "strategic partnership agreement" at the end of April with British Petroleum and four affiliated companies for the development of the Risheh gas field near the Iraqi border, Minister of Energy and Mineral Resources Khaldoun Quteishat was quoted as saying Saturday.

The accord, now in its final negotiation stage, is the largest gas venture in the country eventually involving a multi-billion-dollar investment, he told the daily newspaper al-Rai.

Kathmandu, Apr 4: An Indian company and a Nepali firm have recently formed a joint venture company - USP Wind and Power System - in Kathmandu to tap wind to generate electricity.

"This company aims to tap wind to generate electricity in the Kathmandu Valley and remote districts. Wind energy projects can play a vital role in rural electrification," said Surendra Bahadur Singh, executive director of the joint venture.