Local Markets

Rupee at 4-1/2 month low on weaker shares, dollar demand  

21 May 2013, 5.26 pm  |  Source: Reuters

Rupee hits a 41/2 month low as local shares fall for a second consecutive session...

HSBC says rupee better suited to stand USD strength  

21 May 2013, 4.50 pm  |  Source: Reuters

HSBC believes that INR is a main beneficiary of lower commodity prices as it suffers from significant oil and gold trade deficits....

Oil price falls toward $96 per barrel  

21 May 2013, 4.32 pm  |  Source: AP

Brent crude, a benchmark for many international oil varieties, fell 50 cents to USD 104.30 a barrel on the ICE Futures exchange in London....

BSE Sensex sheds 112 as share sales, Fed meet weigh  

21 May 2013, 4.19 pm  |  Source: Moneycontrol.com

Indian shares ended in red for the second successive session Tuesday. Buyers remained cautious and refrained from buying ahead of the US Federal Reser...

MCX Silvermic June contract slips  

21 May 2013, 4.10 pm  |  Source: Moneycontrol.com

MCX Silvermic prices have moved down Rs 22328, or 34.09 percent in the June series so far. At 15:47 hrs MCX SILVERMIC June contract was trading at Rs ...

Foreign investors can enjoy withholding tax benefits  

21 May 2013, 3.28 pm  |  Source: Reuters

The government had cut tax rates for foreign investors on interest income from government and corporate debt for the June 1, 2013 and May 31, 2015 per...

Silver prices today: Updates on Silver rates in India  

21 May 2013, 3.21 pm  |  Source: Moneycontrol.com

Silver rates gained in major cities in India. In Ahmedabad market, spot silver 999 prices gained by Rs 2220 at Rs 43630 per one kilogram....

BSE Sensex slips 127 pts; Styrolution, Omaxe down 7-8%  

21 May 2013, 3.00 pm  |  Source: Moneycontrol.com

Equity benchmarks closed lower for the second consecutive session Tuesday. The BSE Sensex slipped 126.80 points to 20,097.18 and the NSE Nifty decline...

Gold futures edge higher from 1-month low  

21 May 2013, 2.47 pm  |  Source: Reuters

India's gold and silver imports jumped 138 percent in value terms in April as traders stocked up ahead of the Akshaya Tritiya festival in May, which i...

Rupee to end 2013 in range of 56.50-57/$: Credit Suisse   

21 May 2013, 2.26 pm  |  Source: CNBC-TV18

Robert Prior-Wandesforde, Credit Suisse says the Indian currency is likely to see short periods of currency strength followed by significant periods o...

Rupee trims early gains, still up by five paise  

21 May 2013, 2.09 pm  |  Source: PTI

Rupee opens up 14 paise higher in early morning trade. Over its last close, it still was up by 5 paise in the late morning trade. ...

MCX Silverm June contract declines  

21 May 2013, 2.07 pm  |  Source: Moneycontrol.com

MCX Silverm prices have moved down Rs 23121, or 34.88 percent in the June series so far. At 13:53 hrs MCX Silverm June contract was trading at Rs 4316...

MCX Goldguinea May contract trades flat  

21 May 2013, 2.06 pm  |  Source: Moneycontrol.com

MCX Goldguinea prices have moved down Rs 3174, or 13.17 percent in the May series so far. At 13:51 hrs MCX GOLDGUINEA May contract was trading at Rs 2...

BSE Sensex down 100; HCL Tech, Infosys, TCS, ICICI Bank up  

21 May 2013, 1.57 pm  |  Source: Moneycontrol.com

Indian shares bounced off from day’s low led by recovery in banks and IT stocks. Heavyweights like TCS, Infosys and HCL Technologies surged close to...

Nifty above 6150, BSE Sensex gains over 50 pts  

21 May 2013, 1.00 pm  |  Source: Moneycontrol.com

Auto, realty and power were growing weak while technology stocks were seeing buyers' interest....

Nifty sees profit booking; European markets down  

21 May 2013, 12.01 pm  |  Source: Moneycontrol.com

Benchmarks remained under pressure in afternoon trade. Meanwhile, France's CAC and Germany's DAX fell 0.5 percent while Britain's FTSE declined 0.16 p...

Silver price to correct further if Fed hawkish: Anand Rathi   

21 May 2013, 11.51 am  |  Source: CNBC-TV18

Silver is more volatile than gold therefore any movement in silver prices is always magnified. If FOMC is hawkish about their policy move, then one ca...

Oil price rises to near USD 97 per barrel  

21 May 2013, 11.46 am  |  Source: AP

Brent crude, a benchmark for many international oil varieties, rose 21 cents to USD 105.01 a barrel on the ICE Futures exchange in London....

MCX Gold June contract trades higher  

21 May 2013, 11.30 am  |  Source: CNBC-TV18

MCX Gold prices have moved down Rs 5859, or 18.20 percent in the June series so far. At 11:07 hrs MCX Gold June contract was trading at Rs 26335 up Rs...

MCX Silver July contract gains  

21 May 2013, 11.28 am  |  Source: Moneycontrol.com

MCX Silver prices have moved down Rs 21459, or 33.01 percent in the July series so far. At 11:10 hrs MCX Silver July contract was trading at Rs 43551 ...

BSE Sensex down 50; auto stocks pause for pit stop  

21 May 2013, 10.57 am  |  Source: Moneycontrol.com

Indian shares were consolidating in the late morning trade on lack of corporate news and economic data points. Asian shares were trading mixed while U...

Indian rupee up 16 paise vs dollar in early trade  

21 May 2013, 10.09 am  |  Source: PTI

The local currency had lost 23 paise to close at five-month low of 55.11 a dollar yesterday due to sustained dollar demand from oil importers....

Nifty falls below 6150; Coal India up 2%, Tata Motors falls  

21 May 2013, 9.59 am  |  Source: Moneycontrol.com

The market looked tired and seem to be taking rest after rallying for sometime. Technology stocks were lending strength to the indices with both TCS a...

Silver and gold lurch higher after early dive  

21 May 2013, 9.27 am  |  Source: Reuters

Gold and silver prices gained nearly 3 percent on Monday after a roller-coaster session that opened with a gut-wrenching dive in silver to its lowest ...

Nifty hovers around 6150; Coal India, Wipro early gainers  

21 May 2013, 9.18 am  |  Source: Moneycontrol.com

The market has opened on a flat note. The Sensex is down 8.37 points at 20215.61, and the Nifty is 4.55 points lower at 6152.35....

Indian rupee gains in early trade; trades at 54.96/dollar  

21 May 2013, 9.09 am  |  Source: Moneycontrol.com

The Indian rupee opened higher at 54.96 per dollar against 55.11 on Monday. According to Jayesh Mehta of Bank of America, the range for the day is see...

Expect bonds to remain supported: Vivek Rajpal  

21 May 2013, 8.52 am  |  Source: CNBC-TV18

The old 10-year yield is likely to trade between 7.30-7.37%, while the new benchmark is seen in a 7.15-7.20 percent range, says Vivek Rajpal, Nomura....

Rupee could appreciate to 54.90/USD: Jayesh Mehta  

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

The range for rupee is seen between 54.90-55.10/USD for the day. Strong participation in the debt auction will impact the rupee positively, says Jayes...

Gold, silver fall as dollar gains; ETF holdings drop  

21 May 2013, 8.40 am  |  Source: Reuters

Due to outflows from exchange-traded funds and as the dollar firmed, gold drifted lower for an eighth session out of nine on Tuesday ...

Sebi@25 : Sebi's journey to becoming a powerful regulator   

20 May 2013, 10.58 pm  |  Source: CNBC-TV18

Sebi over the last 25 years has played different roles — that of a friend, philosopher, guide, judge, jury and executioner....