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MARKET LIVE: Sensex flat, Nifty tests 9k; RIL up 6% post Jio-Facebook deal

Traders will right now react to the oil meltdown, Covid-19 newsflow, worldwide cues, and Reliance Jio-Fb deal.

Oil costs found some respite on Wednesday as US oil futures rose a lot more than twenty per cent and Brent costs steadied following a two-day selling price plunge, as marketplaces battle with a large crude glut amid the coronavirus outbreak.

Following falling into detrimental territory for the 1st time in historical past amid document trading volumes, U.S. crude futures rose twenty% as contracts for Could delivery expired and the June agreement grew to become the front month.

West Texas Intermediate was up … Read More