Local Markets

Sensex down over 100 pts; ITC, TCS, DLF top losers  

13 May 2013, 10.50 am  |  Source: Moneycontrol.com

Indian shares were trading weak ahead of the April Consumer Price Index (CPI) and monthly trade data today. BSE Sensex was down over 100 points at 199...

Rupee falls; CPI, trade data eyed  

13 May 2013, 9.51 am  |  Source: Reuters

All Asian currencies trading weaker compared with the dollar....

Gold down 1% to near 2-week low on strong dollar  

13 May 2013, 9.46 am  |  Source: Reuters

Gold fell more than 1 percent on Monday, holding near its weakest level in two weeks, as the dollar firmed against other currencies on signs of an imp...

Nifty slips below 6100; DRL, BHEL, Maruti lead gainers   

13 May 2013, 9.35 am  |  Source: Moneycontrol.com

The Sensex was down 101.42 points at 20020.90, and the Nifty fell 25.55 points at 6081.70. Amidst tepid trading, pharma stocks were seeing some buyin...

Hedge funds' bullish bets on commodities at six-week high  

13 May 2013, 9.32 am  |  Source: Reuters

Money held by hedge funds is back to a six-week high, as traders piled into oil and versold crops like coffee,coao and corn....

Indian Rupee opens lower at 54.85 /dollar  

13 May 2013, 9.06 am  |  Source: Moneycontrol.com

The Indian rupee opened lower at 54.85 per dollar versus 54.80 on Friday. The rupee is likely to open weak on continuous dollar strengthening. There c...

Bond market to trade on cautious note: Ajay Manglunia  

13 May 2013, 8.56 am  |  Source: Moneycontrol.com

The bond market is likely to trade on a cautious note. The range for the 10-year yield is seen between 7.57-7.63 percent, says Ajay Manglunia, Edelwei...

Rupee likely to open weak: Agam Gupta  

13 May 2013, 8.49 am  |  Source: CNBC-TV18

The rupee is likely to open weak on continuous dollar strengthening. The range for the day is seen between 54.60-55/USD, says Agam Gupta, Standard Cha...

Rupee may stabilise back to 54 mark in short-term: Experts  

12 May 2013, 10.34 pm  |  Source: PTI

The Indian curreny is seen stabilising towards the 54 mark against the US dollar soon, say experts....

Sebi mulls annulment policy for freak trades  

12 May 2013, 10.13 pm  |  Source: PTI

Sebi is looking to frame a 'trade annulment policy', which would look at safeguarding the broader market interests from the freak orders executed erro...

Weak gold may boost sales by up to 40% this Akshay Tritiya  

12 May 2013, 5.38 pm  |  Source: PTI

Retailers expect a growth of 40 percent in sales of gold this Akshay Tritiya given the weakness in prices....

Ventura Comm says Rs 26,940/10gm good level to enter gold   

11 May 2013, 3.23 pm  |  Source: CNBC-TV18

NS Ramaswamy, head commodities, Ventura Commodities says he expects the range in gold prices to be between USD 1410 and USD 1485. given the fact that ...

Oil inventories at 82-yr high; $108/bbl upside cap: Expert   

11 May 2013, 2.08 pm  |  Source: CNBC-TV18

The stimulus is not translating into demand for crude or we are just producing too much of it in lieu of some unforeseen concern that we might have in...

Nifty ends above 6100; autos, FMCG, banking stocks rally   

11 May 2013, 1.25 pm  |  Source: Moneycontrol.com

The market continued its aggressive buying in the two-hour special trading session. This was a spectacular week for the market as investors’ hunger ...

MMTC aims Rs 30-cr gold, silver sales for Akshaya Tritiya  

11 May 2013, 1.08 pm  |  Source: PTI

MMTC Ltd expects its gold jewellery and silver sales to double to Rs 30 crore during the Akshaya Tritiya festival. ...

Rupee may gain 52-level Vs dollar in a year  

11 May 2013, 12.19 pm  |  Source: PTI

The pressure on rupee is lessening and the local currency could appreciate to about 52 levels to the dollar in the next 12 months, a report by Goldman...

Yen hits 4-1/2-year low vs dollar, oil and gold tumble  

11 May 2013, 11.38 am  |  Source: Reuters

The yen slid to a 4-1/2-year low against the dollar on Friday, triggering a sell-off in oil and gold as well as safe-haven U.S. and German debt, after...

US sends Japan currency warning as G7 meets  

11 May 2013, 11.34 am  |  Source: Reuters

The United States told Japan it would be watching for any sign it was manipulating its currency lower but Tokyo said it met no resistance to its polic...

Sensex up 35; Dr Reddy's Sun Pharma, BPCL top gainers  

11 May 2013, 11.33 am  |  Source: Moneycontrol.com

BSE Sensex was trading firm in a special live trading session held by the bourses on Saturday. Oil marketing companies like HPCL, BPCL and IOC were in...

All set to buy gold today? Not a good idea, say experts  

11 May 2013, 9.42 am  |  Source: Moneycontrol.com

For most of us Akshaya Tritiya would be an ideal occasion to buy gold, but experts predict further correction in gold prices going ahead. From strictl...

Gold slides to 2-week low as dollar, stocks fall  

10 May 2013, 6.36 pm  |  Source: Reuters

Gold fell 2 percent to a two-week low on Friday, on track for its biggest one-day drop since mid-April, as a breach of key chart levels prompted heavy...

Rupee falls most in 4 mths on global dollar strength  

10 May 2013, 6.14 pm  |  Source: Reuters

Rupee depreciated to three-week low as most of the Asian currencies weakened to the US currency....

MCX Goldm June contract slips 1.3%  

10 May 2013, 5.56 pm  |  Source: Moneycontrol.com

MCX Goldm prices have moved down Rs 3347, or 11.10 percent in the June series so far. At 16:45 hrs MCX Goldm June contract was trading at Rs 26794 dow...

MCX Silvermic June contract declines 1%  

10 May 2013, 5.56 pm  |  Source: Moneycontrol.com

MCX Silvermic prices have moved down Rs 20838, or 31.81 percent in the June series so far. At 16:48 hrs MCX Silvermic June contract was trading at Rs ...

Gold declines on global cues; silver ends steady  

10 May 2013, 5.35 pm  |  Source: PTI

Gold prices declined by Rs 25 to Rs 27,825 per 10 gm in the national capital today owing to slackened demand at prevailing higher levels amid a weak g...

Nifty closes at highest level in 2013, autos on fire   

10 May 2013, 4.04 pm  |  Source: Moneycontrol.com

Auto stocks were on fire today as the index climbed 2.1 percent while Maruti Suzuki India touched 52-week high of Rs 1,731.9. ...

Investors continue to move from gold to equities  

10 May 2013, 3.47 pm  |  Source: CNBC

Despite gold prices bouncing off their April lows, investors continue to pull money out of the precious metal and plow it into equities, as the stock ...

Gold stuck in trading range, physical demand down  

10 May 2013, 3.34 pm  |  Source: Reuters

India, the world's biggest buyer of the metal, will celebrate Akshaya Tritiya on May 13, the biggest gold-buying festival after Dhanteras. The wedding...

Silver Rates Today: Updates on Silver rates  

10 May 2013, 3.29 pm  |  Source: Moneycontrol.com

Spot silver prices were trading lower. In Mumbai market spot silver 999 prices slipped by Rs 360 at Rs 46100 per one kilogram....

Rupee down 42 paise against dollar; hits three-week low  

10 May 2013, 3.12 pm  |  Source: Reuters

The Indian rupee today lost 42 paise to 54.57 against the dollar in trade on the Interbank Foreign Exchange market due to appreciation of the US curre...