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Indian Equity indices have was a consolidation mode after two days rally, with the Nifty50 closing tad beneath 19,800 mark with a moderate losses on October 12. The broader markets outperformed benchmark indices with the Nifty Midcap a hundred and Smallcap 100 indices climbing zero.2 % and 0.sixty five p.c respectively. India VIX, which measures the expected volatility for next thirty days in the Nifty50, dropped for third straight session, indicating some stability within the fairness markets.

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Exxon Mobil is in advanced talks to accumulate Pioneer Natural Resources. With this deal, …