Brent oil rose 2 per cent to more than $64 a barrel after the announcement.
A $10 increase in global crude oil prices shaves off India's GDP by up to 30 bps.
Gold has fallen more than 6 per cent from the peak in the spot market on Friday.
Money managers “didn’t know that this OPEC decision was coming,” Rob Haworth, who helps oversee about $150 billion at U.S. Bank Wealth Management in Seattle, said Friday. “They have yet to price in the OPEC+ decision today.”
Benchmark Brent oil prices were steady on Friday near $63 per barrel.
MCX Gold has support at Rs.37940 – 37750 whereas resistance is at Rs.38130 – 38290.
Data showed 127 of BSE200 stocks have hit their one-year lows this quarter.
Wood said the government has the political will to do PSU divestments
Economic growth is at the lowest since before Prime Minister Modi came to power in 2014.
The bull market of 2003-2007 saw capital goods and EPC companies at the vanguard.
Here are some of the names that have kept the grey market abuzz over past few weeks.
CSB Bank valuation can sustain at 2.6-2.7 times; Ujjivan to jump on listing day
Move to generate more participation and grow debt market, says Jason Giordano of S&P DJI.
The central bank acknowledged that it was concerned about inflation in the near-term.
The MPC revised down real GDP growth for 2019-20 from 6.1% in October policy to 5%.
West Texas Intermediate oil futures fell 9 cents to $58.34 a barrel.
Spot gold was down 0.2 per cent at $1,473.16 an ounce at 0802 GMT.
Inbound shipments dropped 19 per cent from a year earlier to 56.1 tons.
Lead prices on Friday traded higher by 30 paise to Rs 152.90 per kg in futures trade .
In the international market, silver prices fell 0.43 per cent to $16.99 an ounce in New York.
Crude oil futures on Friday fell by Rs 2 to Rs 4,159 per barrel.
Refined soya oil prices on Friday rose 0.93 per cent to Rs 848 per 10 kg in futures trade.
Meanwhile, energy and precious metals registered losses.
MCX Gold (Feb) futures were down 0.15 per cent to Rs 38,026 per 10 grams.
US gold futures were down 0.2 per cent at $1,480.40.
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