MCX Evening Update: Crude oil sees sideways movement

MCX Crude oil futures are moving sideways today though overall undertone was bearish and the commodity stayed in red. The counter opened sharply lower and eased after running into a band of around Rs 5840-5660 per barrel. It remained supported around Rs 5820 per barrel on the lower side. It currently trades down 0.58% at Rs 5836 per barrel.

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