Crude Gains On OPEC Agreement | Zee Upbeat On CCI Nod For Merger | ET Now Headlines

Headlines are as follows:1. The Indian markets gained ground for the second consecutive day on Thursday, thanks to favorable global signals. The BSE Sensex rose by 350 points, while the Nifty50 traded near 1700.2. OPEC+ has decided to drop its crude output objective by 2 million barrels per day beginning in November, the largest reduction since the cartel slashed quotas by 9.7 million barrels per day at the onset of the Covid crisis in 2020. The alliance has also decided to prolong its agreement on production cooperation until the end of 2023.3. Zee Entertainment shares rose as much as 6% in early trade on Thursday after the Competition Commission of India granted conditional permission for the company's merger with Sony (CCI).4. According to ACT research, preliminary class 8 truck orders in North America reached a record high every month. In September, orders more than quadrupled from the previous year, totaling 56,500 units. The increase was 164 percent month over month.5. Shares of low-cost airline SpiceJet Ltd rose 2.63% to 46.80 on the NSE during late trading hours after the business announced plans to raise funds.#headlines #etnow #latestnewsRead More

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