Local Markets

Gold charts point to fresh trouble, eyes on $1100/oz  

22 May 2013, 8.55 am  |  Source: Reuters

Commerzbank analyst Axel Rudolph said the overall picture remains negative as long as gold remains below resistance around USD 1,500-1,532.20....

Rupee to continue trade weak today: Pramit Brahmbhatt  

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

The range for rupee for the day is seen between 55.18-55.72/USD. Good dollar inflows to the Indian market by FIIs could provide some respite, says Pra...

55.30/USD key level for rupee now: Moses Harding   

22 May 2013, 8.38 am  |  Source: CNBC-TV18

Moses Harding of IndusInd Bank attributes this rupee low to general dollart strength and a weak macro scenario in India. ...

Forex - NZD/USD falls as traders eye BoJ, Fed  

22 May 2013, 7.31 am  |  Source: Forexpros.com

Forex - NZD/USD falls as traders eye BoJ, Fed...

Forex - Dollar mixed ahead of Bernanke testimony  

22 May 2013, 6.46 am  |  Source: Forexpros.com

Forex - Dollar mixed ahead of Bernanke testimony...

Gold continues to fall even as dollar loses ground  

22 May 2013, 6.08 am  |  Source: Forexpros.com

Gold continues to fall even as dollar loses ground...

Forex - GBP/USD falls on safe-haven dollar demand, U.K. inflation data  

22 May 2013, 12.55 am  |  Source: Forexpros.com

Forex - GBP/USD falls on safe-haven dollar demand, U.K. inflation data...

Sebi@25: Greater powers after the Harshad Mehta scam   

21 May 2013, 11.49 pm  |  Source: CNBC-TV18

In the second part of the special series Sebi@ 25, CNBC-TV18’s Ashmit Kumar reveals details how the market regulator learnt from these lapses and em...

RBI puts foot down on put-and-call options in realty sector   

21 May 2013, 10.32 pm  |  Source: CNBC-TV18

CNBC-TV18’s Gopika Gopakumar reports that though the government has announced plans to legalise put-and-call options, the RBI has put its foot down ...

Put & call options breather to real estate PE sector   

21 May 2013, 10.31 pm  |  Source: CNBC-TV18

With real estate IPOs being called off due to stock market volatility a couple of years ago, this move by the government to allow put and call options...

Sebi tightens algorithmic trading norms  

21 May 2013, 9.46 pm  |  Source: PTI

Sebi tightened the norms of algorithmic trading. Sebi said it had decided to review the algo guidelines following representations made by its Technica...

Indian rupee hits 6-month low at 55.41 on firm dollar  

21 May 2013, 6.43 pm  |  Source: PTI

Indian rupee touched nearly a six-month low of 55.41 depreciating 30 paise on sustained dollar demand from importers and weakness in equity shares....

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....