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The domestic stock markets – Sensex and Nifty –opened lower on Wednesday morning tracking weak global cues. Sensex tanked 211 points to 35,258.97, while the broader Nifty 50 was trading near 10,600. HUL share price plunged by nearly 2% to 1,750.80, and Sun Pharma share price tanked by more than 1.2%. Meanwhile, Japanese stocks gained in the trade this morning, following a Christmas Day plunge of both the Nikkei 225 and Topix.  Earlier, President Donald Trump’s attacks on the Federal Reserve spooked the stock market on Christmas Eve, and efforts by his Treasury secretary to calm investors’ fears only seemed to make matters worse, contributing to another day of heavy losses on Wall Street on Monday. ASIA UPDATE Global stock markets were heading into the year-end under a heavy cloud after another rout this week as US political uncertainty added to heightened concerns over slowing global economic momentum. OIL UPDATE Brent crude oil futures were trading around $50 a...

Petrol Diesel Price Rate Today: In Mumbai, petrol prices fell below the Rs 76 mark to Rs 75.89 after today's correction and diesel is retailing at Rs 67.17 as against Rs 67.39 yesterday NEW DELHI: Petrol will cost only Rs. 34.04 per litre and diesel Rs. 38.67 per litre without taxes and dealer's commission in the national capital region. Giving details of the prices of petroleum products as on December 19 in a written reply to the Lok Sabha, Minister of State for Finance Shiv Pratap Shukla said the incidence of taxes and dealers commissions work out to be 96.9 per cent in case of petrol and 60.3 per cent for diesel. On December 19, the retail price of petrol was Rs. 70.63 a litre. This included Rs. 17.98 central excise duty, Rs. 15.02 state VAT and Rs. 3.59 commission of dealer. In the case of diesel, the retail price was Rs. 64.54 (central excise duty of Rs. 13.83, state VAT of Rs. 9.51 and dealer commission of Rs. 2.53). In Mumbai, petrol prices fell below th...

Petrol, diesel prices today: The oil marketing companies (OMCs) on Saturday increased prices of petrol by 5 paise while cutting diesel by 7 paise on account on fall in global crude oil rates. Petrol can today be availed for Rs 70.34 per litre in Delhi and diesel for Rs 64.50. In Mumbai, petrol is selling for Rs 75.96 per litre and diesel 67.50 per litre today. On Friday, petrol was selling at Rs 70.29 in Delhi, Rs 72.38 in Kolkata, Rs 75.91 in Mumbai and Rs 72.94 in Chennai. Diesel was available for Rs 64.57 in New Delhi, selling at the lowest level in Delhi since the start of this fiscal year. Diesel was selling at Rs 66.33 in Kolkata, Rs 67.58 in Mumbai and Rs 68.18 in Chennai yesterday. Petrol and diesel prices are dependent on international prices of crude and the rupee-US dollar exchange rate as India imports bulk of its oil requirement through imports.  Since October, global oil prices have tumbled nearly 30% amid concerns over oversupply and worries on global...