Local Markets

Gold steadies around $1,450 on lower dollar, demand  

08 May 2013, 6.24 pm  |  Source: Reuters

Gold steadied on Wednesday as a weaker dollar and robust physical demand balanced against negative pressures of strong equity markets and a drop in ex...

Sensex @ 20K, Nifty over 5K: What else made headlines today  

08 May 2013, 5.41 pm  |  Source: Moneycontrol.com

Here's a lowdown of all the developments that made news today: ...

Silver Rates Today: Updates on Silver prices  

08 May 2013, 4.18 pm  |  Source: Moneycontrol.com

Silver rates for 1 KG gained in major metros in India. MCX SILVER July contract was trading at Rs 44690 down Rs 171, or 0.38 percent. The SILVER rate ...

MCX Goldm June contract trades higher  

08 May 2013, 4.16 pm  |  Source: Moneycontrol.com

MCX Goldm June contract was trading at Rs 26788 up Rs 58, or 0.22 percent, at 14:51 hrs. The GOLDM rate touched an intraday high of Rs 26845 and an in...

MCX Goldpetal down 11% in May series so far  

08 May 2013, 4.12 pm  |  Source: CNBC-TV18

MCX Goldpetal May contract was trading at Rs 2672 unchanged, at 15:39 hrs. The GOLDPETAL rate touched an intraday high of Rs 2683 and an intraday low ...

Sensex hits 20,000; Nifty ends above 6K as HDFC, ITC rally  

08 May 2013, 4.08 pm  |  Source: Moneycontrol.com

The bullish mood in world markets, sustained buying by foreign institutional investors and better-than-expected quarterly numbers from HDFC were the d...

Sensex crosses 20,000 for first time since January 31   

08 May 2013, 3.36 pm  |  Source: Moneycontrol.com

The BSE benchmark Sensex crossed the 20,000-mark on Wednesday, as FII buying continued to fuel market rally. ...

Oil holds above $104, helped by higher China imports  

08 May 2013, 3.20 pm  |  Source: Reuters

Oil steadied above USD 104 a barrel on Wednesday after a rise in crude imports by the world's No.2 consumer, China, though concerns about global deman...

BSE Sensex gains; Corp Bank up 6%, Uco Bank falls 4%   

08 May 2013, 1.48 pm  |  Source: Moneycontrol.com

The market was head higher in afternoon trade. The Sensex was up 73.52 points at 19962.47 while the Nifty gained 14.10 points to be at 6057.65....

Gold edges up on China demand; ETF holdings at 4 year low  

08 May 2013, 12.51 pm  |  Source: Reuters

Gold edged up on Wednesday, supported by demand from China and a tight physical market, but gains were capped by strong equities and a drop in bullion...

Gold may yet see new high; dump ETF, buy physical: Expert    

08 May 2013, 12.39 pm  |  Source: CNBC-TV18

We have not really seen physical selling in gold. If you look at India and China the physical markets are on fire and the same as I said before the pa...

BSE Sensex flat; Congress set to form govt in Karnataka  

08 May 2013, 11.53 am  |  Source: Moneycontrol.com

Indian shares were consolidating in afternoon after scaling to fresh three-month highs in opening bell on Wednesday. Capital goods, realty, power and ...

MCX SILVERM down 32% in June series  

08 May 2013, 11.20 am  |  Source: CNBC-TV18

MCX SILVERM June contract was trading at Rs 44856 down Rs 30, or 0.07 percent, at 11:07 hours IST. SILVERM prices have moved down Rs 21429, or 32.33 p...

MCX GOLD down 17% in June series  

08 May 2013, 11.18 am  |  Source: CNBC-TV18

MCX GOLD June contract was trading at Rs 26766 up Rs 44, or 0.16 percent, at 11:02 hours IST. GOLD prices have moved down Rs 5428, or 16.86 percent in...

Nifty stuck at 6050; HDFC up 2%, RPG Life soars 14%   

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

Upbeat mood in the market seemed to continue for the second day. The Sensex was up 53.43 points at 19942.38, and the Nifty gained 9.85 points at 6053....

BSE Sensex up 50; Tata Motors, Lupin, DLF early gainers  

08 May 2013, 9.28 am  |  Source: Moneycontrol.com

Key equity benchmarks opened in green after the US equity markets rallied near their best levels on Tuesday. The Dow closed above 15,000 for the first...

Indian rupee opens with 8 paise gains at 54.05/USD  

08 May 2013, 9.12 am  |  Source: Moneycontrol.com

The Indian rupee opened with 8 paise gains at 54.05 per dollar on Wednesday as against previous day's closing of 54.13 per dollar. ...

Bond markets look bullish: Sandeep Bagla  

08 May 2013, 8.57 am  |  Source: CNBC-TV18

According to Sandeep Bagla of ICICI Securities, bond markets look bullish as softness in commodities continues to moderate inflationary expectations. ...

Rupee likely to strengthen against dollar: Himanshu Arora  

08 May 2013, 8.54 am  |  Source: CNBC-TV18

Himanshu Arora of Religare feels the rupee is likely to strengthen against the dollar on surging inflows. According to him, "The range for day is seen...

Retail gold buying soars in April after sharp selloff  

07 May 2013, 6.24 pm  |  Source: Reuters

Physical gold buying among private investors surged in April as they took advantage of bargain prices after bullion's historic sell-off, a survey by B...

Rupee snaps 3-day losing streak; corporate flows support  

07 May 2013, 5.40 pm  |  Source: Reuters

The rupee rose on Tuesday, snapping three sessions of losses, as rumoured inflows related to a corporate deal helped offset dollar demand for defence-...

Gold eases after rising, physical buying muted  

07 May 2013, 5.38 pm  |  Source: Reuters

Indian gold eased on Tuesday, after rising for a couple of sessions in line with global markets, though physical demand remained muted ahead of a key ...

MCX goldpetal May contract trades lower  

07 May 2013, 5.13 pm  |  Source: Moneycontrol.com

At 16:11 hrs MCX GOLDPETAL May contract was trading at Rs 2689 down Rs 17, or 0.63 percent. The GOLDPETAL rate touched an intraday high of Rs 2702 and...

Silverm August contract declines 1.5%  

07 May 2013, 5.13 pm  |  Source: Moneycontrol.com

MCX SILVERM August contract was trading at Rs 45258 down Rs 697, or 1.52 percent. The SILVERM rate touched an intraday high of Rs 45705 and an intrada...

Nifty scales 6000: Here's what also made headlines today  

07 May 2013, 4.20 pm  |  Source: Moneycontrol.com

Here are all the developments making headlines today. ...

Largecaps lift Nifty past 6000, Sensex rallies 215 points  

07 May 2013, 4.17 pm  |  Source: Moneycontrol.com

FMCG, banking, auto and realty were the best performing sectors of the day, as the upbeat mood in global markets rubbed off on India as well. ...

Silver prices today: Latest updates  

07 May 2013, 3.56 pm  |  Source: Moneycontrol.com

The spot silver prices for 1 KG slipped in major cities in India. The prices of silver on MCX also were down more than 1 percent. At 15:30 hours IST, ...

Oil below $105 as Middle East risk premium fades  

07 May 2013, 3.43 pm  |  Source: Reuters

Brent crude oil fell below $105 per barrel on Tuesday, after the risk premium caused by an Israeli air strike on Syria faded. ...

Nifty holds above 6000; Wipro, Coal India, M&M drag   

07 May 2013, 2.58 pm  |  Source: Moneycontrol.com

It was a breakout for the market as the Nifty rallied above 6000 to its highest levels since February 4, 2013. The Nifty was at 6038.80, up 67.75 poin...

MCX Gold down 16.5% in June series so far  

07 May 2013, 2.45 pm  |  Source: Moneycontrol.com

MCX GOLD October contract was trading at Rs 27510 down Rs 279, or 1 percent. The GOLD rate touched an intraday high of Rs 27655 and an intraday low of...