The Trading Room

Oil prices edged lower on Wednesday, reversing gains from earlier the week, as investors tried to assess the full impact of the omicron coronavirus variant on global fuel demand and the effectiveness of existing vaccines. Brent...

Investors on wall street were also reassured by positive news about the Omicron variant of COVID-19, which had helped send them fleeing from risky bets last week.

Compared with the previous NSE trading day (Monday, December 6), today's data shows 227% improvement in volume, 286% improvement in turnover, and 9% improvement in deals.

Stocks across Asia - Pacific markets jumped on Tuesday, bouncing back from Monday losses on optimism that the omicron variant risk might not be as bad as feared.

A delay in the return of the Iranian oil supply also supported prices. Indirect U.S.-Iran nuclear talks have hit roadblocks. Germany urged Iran on Monday to present realistic proposals in talks over its nuclear program.