On Tuesday, Oil prices had reported after a jump in the prior session, as traders are weighing the prospect of a European Union (EU) ban on imports of Russian oil.

• Tata Motors Announced Tie-up with South Indian Bank
• Waaree Energies Received a Supply Order for 400 MW Modules 
• Techno Electric Shares Hit 52-Week High on Securing Orders Worth Rs 4,000 Crore
• IREDA Shares Skyrocketed 11% on Receiving Navratna Status 
• Glenmark Pharma Shares Gain 1% on Receiving USFDA Approval 

The West Texas Intermediate (WTI) for April delivery lost 36 cents, or 0.3 per cent, to settle at 111.76 dollars a barrel on the New York Mercantile Exchange on its expiration day. Brent crude for May delivery decreased 14 cents, or 0.1 per cent, to close at 115.48 dollars a barrel on the London ICE Futures Exchange.

On Monday, both the WTI and global crude standard jumped 7.1 per cent following reports of growing calls within the EU for a ban on Russian oil imports.