Local Markets

BSE Sensex gains; tech drags, Cipla & DRL up over 2%  

16 May 2013, 2.05 pm  |  Source: Moneycontrol.com

Realty, banking, capital goods, oil and gas were supporting the index....

Gold demand in India rises by 27% in Jan-Mar: WGC  

16 May 2013, 1.43 pm  |  Source: PTI

Gold demand in India, the world's largest consumer, rose by 27 per cent to 256.5 tonnes in the first quarter of 2013, World Gold Council (WGC) said to...

BSE Sensex flat; Nifty holds 6150; pharma, infra up  

16 May 2013, 1.05 pm  |  Source: Moneycontrol.com

BSE Sensex was trading marginally in green after stellar rally on Wednesday. Pharma, banks, realty and capital goods stocks continue to do well. ...

No respite for Indian Rupee, 55 levels on cards: Experts  

16 May 2013, 12.26 pm  |  Source: Moneycontrol.com

Indian Rupee touched a fresh 2-month low of 55.0250 earlier this week after April's trade deficit widens on 138 percent jump in gold import. ...

BSE Sensex steady; Bajaj Finance shares hit new high  

16 May 2013, 12.11 pm  |  Source: Moneycontrol.com

Easing wholesale and consumer inflation has been the biggest sentiment driver over the last few days, raising hopes that the Reserve Bank of India wil...

Here's how Anand Rathi recommends trading gold, silver   

16 May 2013, 11.54 am  |  Source: CNBC-TV18

Ram Pitre of Anand Rathi Commodities believes that the strength in the dollar is putting pressure on international prices of gold....

Gold demand slides to three-year low in Q1: WGC  

16 May 2013, 11.49 am  |  Source: Reuters

Overall gold demand fell 13 percent to a three-year low of 963 tonnes in the last quarter as rising jewellery demand and strong appetite for coins and...

MCX GOLD June contract declines  

16 May 2013, 11.47 am  |  Source: Moneycontrol.com

MCX GOLD prices have moved down Rs 5984, or 18.59 percent in the June series so far. At 11:30 hrs MCX GOLD June contract was trading at Rs 26210 down ...

MCX SILVER July contract trades lower  

16 May 2013, 11.47 am  |  Source: Moneycontrol.com

MCX Silver prices have moved down Rs 21790, or 33.52 percent in the July series so far. At 11:31 hrs MCX SILVER July contract was trading at Rs 43220 ...

Here's how experts see bond markets reacting to RBI easing   

16 May 2013, 11.19 am  |  Source: CNBC-TV18

"We are looking at between 7-7.25 percent in the 10-year bond pretty soon," Ananth Narayan of StanChart Bank says. ...

BSE Sensex up 50 pts; Nifty holds 6150; banks rally  

16 May 2013, 11.02 am  |  Source: Moneycontrol.com

BSE Sensex was trading firm above 20000, and the Nifty was holding 6150 mark. Banking stocks like HDFC Bank, IndusInd Bank, Kotak Mahindra Bank and Ax...

Indian rupee largely steady in early trade  

16 May 2013, 10.28 am  |  Source: Reuters

The dollar moved away from a fresh 4-1/2 year high against the yen hit in the previous session after disappointing US industrial data caused US Treasu...

BSE Sensex up 93 pts, Nifty inches closer to 6200  

16 May 2013, 9.57 am  |  Source: Moneycontrol.com

BSE Sensex was trading firm in the morning trade and surged 90 points while Nifty touched fresh 30-month high. ...

BSE Sensex up over 100pts; Nifty hits 30-month high  

16 May 2013, 9.19 am  |  Source: Moneycontrol.com

The Sensex was down 49.19 points at 20163.77, and the Nifty fell 18.50 points to 6128.25. About 152 shares have advanced, 94 shares declined, and 34 s...

Indian Rupee opens at 54.74 per dollar  

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

The Indian rupee opened marginally higher on Thursday at 54.74 per dollar as against 54.78 on Wednesday. According to Mohan Shenoi, Kotak Mahindra Ban...

MSCI India index adds 4 stocks, including Wockhardt, OIL  

16 May 2013, 9.03 am  |  Source: Reuters

The changes will take place after the close of trade on May 31, MSCI added....

10-year yield seen between 7.40-7.45%: Sandeep Bagla  

16 May 2013, 8.41 am  |  Source: CNBC-TV18

The market will closely watch out for the auction of a new 10-year bond auction on Friday. Markets could consolidate around current levels in absence ...

Expect strong custodial flows to support rupee: Shenoi  

16 May 2013, 8.40 am  |  Source: CNBC-TV18

The range for the day for rupee is seen between 54.50-54.85/USD. Dollar strength against other major currencies will be a dampener, says Mohan Shenoi,...

Gold dips for 6th session in longest losing streak in 4 yrs  

16 May 2013, 8.23 am  |  Source: Reuters

Spot gold had dropped 0.3 percent to USD 1,388.15 an ounce by 0033 GMT after hitting its weakest since April 19 at 1,386.89 an ounce....

Gold falls to three-week lows on stronger dollar  

15 May 2013, 6.46 pm  |  Source: Reuters

Gold fell for the fifth straight session on Wednesday, hitting a three-week low as the dollar strengthened to a six-week high versus the euro after we...

Rupee edges up as share gains offset broad dollar rally  

15 May 2013, 6.32 pm  |  Source: Reuters

The rupee ended marginally stronger on Wednesday as sharp gains in domestic shares offset the dollar's rise versus most major currencies, particularly...

MCX Goldm June contract trades lower  

15 May 2013, 6.14 pm  |  Source: Moneycontrol.com

MCX Goldm prices have moved down Rs 3643, or 12.09 percent in the June series so far. MCX Goldm June contract was trading at Rs 26498 down Rs 230, or ...

MCX Silvermic August contract slips 1.8%  

15 May 2013, 6.14 pm  |  Source: Moneycontrol.com

MCX Silvermic prices have moved down Rs 12894, or 22.54 percent in the August series so far. MCX SILVERMIC August contract was trading at Rs 44307 dow...

Silver prices today: Updates on Silver rates  

15 May 2013, 4.54 pm  |  Source: Moneycontrol.com

Spot silver rates were trading lower in major metros of India. In Jaipur market, Spot silver 999 prices slipped by Rs 1100 at Rs 44200 per one kilogra...

Brent slips towards $102 as Eurozone recession deepens  

15 May 2013, 4.28 pm  |  Source: Reuters

The euro zone's economy contracted for the sixth straight quarter at the start of the year, marking its longest recession since records began in 1995....

Nifty ends 150 pts higher; banks gain, IT underperforms  

15 May 2013, 3.30 pm  |  Source: Moneycontrol.com

The market had a spectacular rally as investors' hunger for more continued through out the day. The only space which did not participate in the rally ...

BSE Sensex logs 490 pts gain; Nifty scores 150  

15 May 2013, 3.30 pm  |  Source: Moneycontrol.com

BSE Sensex surged around 500 points to close at highest level since January 2011. Nifty too closed above 6100 mark at 28-month high led by heavy buyin...

BSE Sensex up 500 pts; Nifty hits 6150, banks on fire  

15 May 2013, 2.59 pm  |  Source: Moneycontrol.com

The Sensex too clocked nearly 400 points gain cruising comfortably above 20100. Banks were the big star in trade today. The Bank Nifty was up nearly 3...

MCX Goldguinea May contract slips  

15 May 2013, 2.57 pm  |  Source: Moneycontrol.com

MCX Goldguinea prices have moved down Rs 2910, or 12.07 percent in the May series so far. At 14:17 hrs MCX Goldguinea May contract was trading at Rs 2...

MCX Silverm November contract declines 2%  

15 May 2013, 2.37 pm  |  Source: Moneycontrol.com

At 14:15 hrs MCX Silverm November contract was trading at Rs 45250 down Rs 931, or 2.02 percent. The SILVERM rate touched an intraday high of Rs 46000...