Investors have pumped over Rs 35,500 crore into various mutual fund schemes in October, after pulling out more than Rs 2.3 lakh crore in the preceding month, amid a correction in equity markets.
U.S. crude futures CLc1 rose 85 cents, or 1.5 percent, to $56.54 a barrel, after declining on Tuesday for a 12 consecutive sessions to the lowest since November 2017.
Bitcoin fell to as low as $5,533.09 BTC=BTSP on the Bitstamp platform. It was down 9 percent at $5,690.47.
Apple’s 2.7 percent drop led the heavyweight technology index .SPLRCT down 1.25 percent. Those losses were only outdone by a 1.88 percent-drop in financial stocks .SPSY.
The key Indian equity indices closed on a flat note, as weak global cues along with investors anxiety ahead of state polls and a mixed macroe-conomic inflation data points offset gains from lower crude oil prices.
U.S. stocks turned lower as early support from tame consumer prices data and a rebound in oil prices faded, with Apple Inc leading a decline in technology stocks.
U.S. stock index futures were little changed, with weak economic data from Japan and Germany adding to global growth worries ahead of U.S. consumer price numbers that could offer clues on future interest rate hikes.
Shares of aviation and oil marketing companies surged up to 7.7 per cent Wednesday on falling crude oil prices.
Blackrock Inc (BLK.N) has reported owning 5 percent of preferential shares in Petroleo Brasileiro SA (PETR4.SA), the state-run oil company said in a statement.