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November 16, 2011 5:58 PM
Gold gained 175 rupees, to hit a new all-time peak of 29,440 rupees per ten grams at Delhi's bullion market, on Wednesday, on seasonal demand, and a firm trend in the overseas market. Silver rose 400 rupees, to 57,900 rupees per kilo, on buying by stockists and industrial units.In New York,...
November 16, 2011 5:57 PM
Falling for the fifth straight session, the Sensex at the Bombay Stock Exchange lost 107 points, or 0.6 percent, to 16,776, on sustained selling by investors, amid weak Asian markets, today. The Sensex had lost over 680 points in the past four trading sessions. The Nifty at the National Stock Exchan...
November 16, 2011 5:57 PM
As the rupee depreciated to a new 32-month low against the US dollar, Finance Minister Pranab Mukherjee on Wednesday said, the Reserve Bank of India, RBI, is closely monitoring the situation. He added that RBI will intervene in the foreign exchange market as and when necessary.Mr Mukherjee was talki...
November 16, 2011 3:07 PM
The Sensex at the Bombay Stock Exchange fell 146 points, or 0.9 percent, to 16, 736 in opening trade, this morning, on sustained selling by investors, amid considerable weakness in the regional markets.Later, the Sensex lost some more ground, and stood 192 points or 1.1 percent in negative territory...
November 16, 2011 2:52 PM
The rupee breaches the 51 rupees per US dollar-level today to a 32-month low, on good dollar demand from banks and importers overseas.The rupee resumed lower at 50.90 rupees per dollar on the Interbank Foreign Exchange, as against yesterday's close of 50.67 rupees per dollar, and dropped fu...
November 16, 2011 1:38 PM
Oil dipped into negative territory in Asia today amid forecasts of a stockpile rise as traders took profit after an overnight rally which saw US crude prices almost hit 100 dollars.New York's main contract, light sweet crude for delivery in December, fell 18 cents to 99.19 dollar per barrel...
November 16, 2011 12:32 PM
Petrol prices have been slashed by 1.85 rupees a litre, across the country. Announcing this on Tuesday, Oil Marketing Companies said that they are passing on 1.85 rupees a litre that they gained from a fall in global oil prices and a marginal appreciation in rupee value.This is the first reduction i...
November 16, 2011 12:13 PM
BSE benchmark Sensex shed over 146 points in opening trade today and continuing its losing streak, it shed nearly 206 points in the afternoon trade for the fifth day in a row on sustained selling triggered by poor second quarter corporate earnings and a weak trend on other Asian bourses.The 30-share...
November 16, 2011 12:02 PM
The Indian rupee fell by 24 paise to a fresh 32-month low of Rs 50.91 against the US dollar in early trade today.Dealers said a slide in the euro value, which slipped to a fresh one-month low against the US dollar, and a lower opening in the equity market mainly, weighed on the rupee sentiment.The r...
November 16, 2011 10:56 AM
The Indian rupee fell by 24 paise to a fresh 32-month low of Rs 50.91 against the US dollar in early trade today.Dealers said a slide in the euro value, which slipped to a fresh one-month low against the US dollar, and a lower opening in the equity market mainly, weighed on the rupee sentiment.The r...
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