THE TRUMP ADMINISTRATION IS CLOSE TO A MAJOR DEAL WITH VENEZUELA THAT WOULD GIVE U.S. COMPANIES OWNERSHIP STAKES IN MORE THAN A DOZEN OIL FIELDS, TAPPING INTO THE WORLD'S LARGEST PROVEN OIL RESERVES, WITH THE FIELDS ABLE TO PRODUCE UP TO 90 MLN BARRELS A DAY AND U.S. INVESTMENT HELPING REVIVE VENEZUELA'S STRUGGLING OIL INDUSTRY AND INCREASE ITS REVENUE - AXIOS
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Why the market is under pressure today
US10Y & Crude Near Upper Band
INR at record low
Last day of Tax Harvesting
Friday Factor
More than news focus on these leading indicators to know the pulse of market as uncertainty still looms about War resolution
CITY UNION BANK:
Q3 SL NET PROFIT 3.3B RUPEES VS 2.8B (YOY) || Q3 REVENUE 17.6B RUPEES VS 14.7B (YOY)
Q3 GNPA SEEN AT 2.17% VS 2.42% (QOQ) || Q3 NNPA SEEN AT 0.78% VS 0.90% (QOQ)
Q3 PROVISIONS (OTHER THAN TAX) AND CONTINGENCIES 960M RUPEES VS 570M (QOQ)