The Indian markets open in red amid weakness in the global markets. Oil prices decline after rallying for three days. 

Amid market decline, some stocks have declared bonus issue. Today is the last day to buy those stocks that are eligible for the bonus issue. Read on to find out more.

At the pre-opening bell, the frontline index S&P BSE Sensex opened in the red at a loss of 548 points or 1.03 per cent. By 9.15 am, the index slipped 0.92 per cent.   

On Tuesday, Bank Nifty ended with a loss of half a per cent. It opened at 33,578 and closed at the level of 33,642. 

Highest put option open interest contract was added at a strike price of 15800 for expiry on June 30.

The commodity market sentiment got hit in the past fortnight as major agencies reduced global growth estimates, central banks reaffirmed their aggressive monetary stance and China grappled to control its virus situation.

Equity dedicated funds on an average have performed better than their benchmark.

It is an agro-product company involved in manufacturing, processing & trading a large variety of rice, wheat, and other food grains with its preliminary focus on branded basmati rice.   

A group of 7 nations (G7) are contemplating a cap on Russian oil prices to limit Russia’s economic strength from crude oil. In reaction, the crude oil surged given that UAE has expressed its inability to increase oil production, not having any spare capacity. Brent Crude is trading at USD 113 per barrel. In effect, the markets were trading in red and closed almost flat. 

Two stocks that have surged in the recent hike in crude oil prices are MRPL and CPCL

Benchmark indices settled the trading session on a flat note with Sensex settling 16.17 points or 0.03 per cent up at 53,177.45 level while Nifty was 18.20 points or 0.11 per cent up at 15,850.20 level.