Key indices post solid gains while Rupee slightly weakens against US dollar

At the domestic stock markets, key indices posted solid gains and the rupee weakened slightly against the US dollar. In the international markets, Global crude oil futures rose for the third straight day, today. 
   
The Sensex at the Bombay Stock Exchange climbed 424 points, or 0.9 per cent, to close at 48,678. The Nifty at the National Stock Exchange advanced 121 points, or 0.8 per cent, to 14,618.
 
In global equity markets, Asia Pacific ended lower. So, Hong Kong's Hang Seng index dropped 0.5 per cent and Singapore's Straits Times index slipped 0.8 per cent. Stock markets in Japan, China and South Korea are closed for a holiday.
 
In Europe, London's FTSE-100 had climbed 1.2 per cent, France's CAC-40 had added 0.9 per cent and Germany's DAX had advanced 1.4 per cent, in intra-day trade.
 
Global crude oil prices rose for the third day today, as easing of lock-downs in the United States and parts of Europe heralded a boost in fuel demand in the summer season and offset concerns about the rise of COVID-19 infections in India and Japan. So, Brent crude futures climbed 93 cents, to trade at USD 69.81 a barrel. US crude futures added 85 cents, to USD 66.54 a barrel.
 
Back Home, gold declined Rs 317, to Rs 46,382 per 10 grams in Delhi today. But silver shot up Rs 2,328, to Rs 72,598 per kilo.
 
In the international market, gold was trading marginally lower at USD 1,776 per ounce and silver was flat at USD 26.42 per ounce.
 
In the forex market, the rupee weakened 6 paise, to Rs 73.91 against the US dollar.
 

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