Local Markets

Gold faces more pressure as inflation stays tame  

25 May 2013, 10.53 am  |  Source: Reuters

Gold prices have fallen nearly 20 percent since the start of the year and are on the verge of their biggest quarterly drop in more than 15 years. ...

Natural gas declines as investors take profits, weather weighs  

24 May 2013, 11.17 pm  |  Source: Forexpros.com

Natural gas declines as investors take profits, weather weighs...

Sinha for broader SEBI role in ensuring financial stability   

24 May 2013, 6.50 pm  |  Source: CNBC-TV18

Speaking on the occasion to mark SEBI's 25 years on Friday, Sinha seeks a broader role for SEBI in mantaning financial stability, reports CNBC-TV18....

Minimum shareholding rule: Some PSUs may issue rights/bonus  

24 May 2013, 6.07 pm  |  Source: CNBC-TV18

Sources say listed PSUs have to comply with the minimum 10 percent public shareholding by August 8....

NSE reduces STT rate in capital markets segment  

24 May 2013, 5.48 pm  |  Source: PTI

National stock exchange scaled down the securities transaction tax in the capital markets segments; in the futures segment, the tax now stands at 0.01...

MCX Silverm June contract trades lower  

24 May 2013, 5.06 pm  |  Source: Moneycontrol.com

Silverm prices have moved down Rs 23065, or 34.80 percent in the June series so far. At 16:52 hrs MCX Silverm June contract was trading at Rs 43220 do...

MCX Goldm June contract slips  

24 May 2013, 5.06 pm  |  Source: Moneycontrol.com

MCX Goldm prices have moved down Rs 3751, or 12.44 percent in the June series so far. At 16:49 hrs MCX Goldm June contract was trading at Rs 26390 dow...

Gold futures edge lower; mute physical buying  

24 May 2013, 4.41 pm  |  Source: Reuters

After huge buying of physical gold in April and May, traders feel that gold buying is entering a lean season in India...

Late surge lifts Sensex; Tata Steel, Larsen key gainers  

24 May 2013, 4.13 pm  |  Source: Moneycontrol.com

Brokers said liquidity would be the deciding factor near term, in the absence of any supportive macroeconomic fundamentals. Last week, rating agency S...

Silver prices today: Updates on Silver rates in India  

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

The spot silver prices were trading mixed in the major cities of India. In Mumbai market, Spot silver 999 prices declined by Rs 155 at Rs 45045 per on...

MCX Goldm August contract declines  

24 May 2013, 2.29 pm  |  Source: Moneycontrol.com

Goldm prices on MCX declined on Friday. At 13:48 hrs MCX Goldm August contract was trading at Rs 26483 down Rs 172, or 0.65 percent. ...

MCX Silvermic August contract trades lower  

24 May 2013, 2.28 pm  |  Source: Moneycontrol.com

MCX Silvermic prices have moved down Rs 13301, or 23.25 percent in the August series so far. At 13:52 hrs MCX Silvermic August contract was trading at...

BSE Sensex closes flat; Tata Steel, Tata Power top gainer  

24 May 2013, 2.07 pm  |  Source: Moneycontrol.com

Indian equities closed flat with a positive bias amid volatile session Friday, led by buying in most beaten stocks. ICICI Bank and L&T shares gained m...

Angel Broking on how to play MCX June gold contract   

24 May 2013, 1.16 pm  |  Source: CNBC-TV18

Naveen Mathur of Angel Broking said that gold prices would consolidate at around Rs 26,000-26,200 per 10gm levels....

BSE Sensex up 65; L&T, DLF, ICICI Bank bounce back  

24 May 2013, 1.04 pm  |  Source: Moneycontrol.com

BSE Sensex was trading in green today after losing over 2 percent Thursday on jitters of Japanese market. Indian rupee has appreciated in the afternoo...

Rupee may hit 56.5, may see some RBI intervention: Nomura   

24 May 2013, 12.49 pm  |  Source: CNBC-TV18

Rupee is likely to depreciate to 56/USD going ahead depending on the global cues, dollar demand and the capital flows in the country. ...

Oil falls below $94 on weak outlook for demand  

24 May 2013, 12.48 pm  |  Source: AP

The contract fell three cents to close at USD 94.25 a barrel in New York on Thursday. The price sank as low as USD 92.21 in the morning after weak man...

Forex - USD/JPY slips lower but remains supported  

24 May 2013, 12.30 pm  |  Source: Forexpros.com

Forex - USD/JPY slips lower but remains supported...

Here are trading tips for copper, crude, zinc & nickel   

24 May 2013, 12.29 pm  |  Source: CNBC-TV18

Sugandha Sachdeva of Religare Commodities advocates selling MCX crude around Rs 5,265 per barrel levels. Sachdeva says, "Keep a stop loss for this tra...

Nifty flirts with 6000; Bank Nifty gains 1.4%  

24 May 2013, 12.00 pm  |  Source: Moneycontrol.com

Bank Nifty is holding up firmly at 12796.20, up 159.70 points or 1.26 percent from its previous close. ICICI Bank (up 2.5 percent), Axis Bank (up 1.4 ...

MCX Silver July contract slips  

24 May 2013, 11.44 am  |  Source: Moneycontrol.com

MCX Silver prices have moved down Rs 21640, or 33.29 percent in the July series so far. At 11:15 hrs MCX Silver July contract was trading at Rs 43370 ...

MCX Gold August contract trades lower  

24 May 2013, 11.43 am  |  Source: Moneycontrol.com

MCX Gold August contract was trading at Rs 26550 down Rs 94, or 0.35 percent. Gold prices have moved down Rs 5677, or 17.62 percent in the August seri...

BSE Sensex consolidates; SpiceJet up 4% ahead of Q4 results  

24 May 2013, 11.11 am  |  Source: Moneycontrol.com

The BSE Sensex is up 29.90 points or 0.15% at 19704.23, and the Nifty up 19.30 points or 0.32% at 5986.35. Tata Steel shares rose 4 percent after impr...

Indian rupee down 10 paise against dollar in early trade  

24 May 2013, 11.05 am  |  Source: PTI

Dealers attributed the rupee's fall to dollar gains against other currencies overseas but a higher opening of the domestic equity market, capped rupee...

BSE Sensex volatile, Japan's Nikkei slips 800 pts from top  

24 May 2013, 10.02 am  |  Source: Moneycontrol.com

Indian shares gave up early morning gains after Japan’s Nikkei slipped into red. Nikkei was up close to 3 percent a while ago and a sharp sell-off p...

BSE Sensex pares early gains; pharma down, metals up  

24 May 2013, 9.11 am  |  Source: Moneycontrol.com

Metal stocks were gaining buyers' interest while pharma and autos are still under selling pressure....

Indian rupee opens flat at 55.61 per dollar  

24 May 2013, 9.05 am  |  Source: Moneycontrol.com

The Indian rupee opened flat at 55.61 per dollar versus Thursday's close of 55.59. Profit-booking at higher levels may also weigh on the dollar versus...

Bonds to be rangebound with declining bias: Dhawal Dalal  

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

The range for the old 10-year yield is seen between 7.35-7.45%, says Dhawal Dalal, DSP BlackRock Invst Managers....

See rupee in 55-56 range for 7-10 days: IndusInd Bank   

24 May 2013, 8.53 am  |  Source: CNBC-TV18

Moses Harding of IndusInd Bank says, he would be cautious in the short terms and would not rule out an extended weakness beyond 56 into 57, which is s...

Rupee seen between 55.37-55.61/USD range: Himanshu Arora  

24 May 2013, 8.52 am  |  Source: CNBC-TV18

Profit-booking at higher levels may also weigh on the dollar versus the rupee. Better than expected US economic data could add to the pressure, says H...