Among sectors, auto and realty gained 1 percent, while information technology index shed 1.5 percent.
Sugar Prices Slip In International Markets To 6-week Low; What Explains The Dip? Catch Manisha Gupta on commodities to know why.
The pullback in Dollar index has helped gold shine on. The probability of the Fed pausing rates stands at 78%, providing support to the gold market.
Recent developments have sparked optimism among investors as the government focuses on prioritising safety measures and the deployment of the Kavach system.
ICICI Direct, The US dollar index retreated to 104 level after climbing as high as 104.40 on Monday, amid weaker set of economic numbers.
According to Geojit, NCDEX Coriander futures declined to two year low on Monday on tepid demand and rise in arrivals, while turmeric futures steadied.
The BSE midcap index rose 0.3 percent and smallcap index added 0.5 percent.
Saudi Arabia, the group's biggest producer, will make a deep cut to its output in July on top of a broader OPEC+ deal to limit supply into 2024 as the group faces flagging oil prices.
Brent crude futures were down 23 cents, or 0.3%, at $76.48 a barrel at 0020 GMT. The U.S. West Texas Intermediate crude eased 25 cents, or 0.4%, to $71.90 a barrel.
The BSE midcap index gained 0.3 percent and smallcap index rose 0.5 percent.
Oil surges as Saudi Arabia announces production cuts to the tune of a million barrels a day for july, taking its daily output down to 9 million barrels. Brent jumps above 78 dollars a barrel.
ICICI Direct, The pound wiped its gains on Friday amid strong dollar. The pair lost more than 0.50% on Friday and moved below the 1.2450 mark after testing one week high at 1.2544•
According to Geojit, Mixed moves were witnessed in NCDEX spices complex on Friday. Barring jeera other spices ended down.
The rupee is poised to test the 83-per dollar mark in the near term if the central bank remains on hold this week and changes its stance to neutral, effectively signaling an end to its hiking cycle.
The BSE midcap index gained 0.3 percent and smallcap index rose 0.5 percent.
USD-INR is expected to remain sideways within our range. A Double Butterfly (Asymmetrical) trade to capitalise
Most base metals held on to gains owing to softer dollar and surprise expansion in China’s Caixin manufacturing PMI, this week.
For the week, the Sensex as well as the Nifty ended on a flat note
Copper supported on low minimum supply growth. Metals headed for a weekly increase; catch Manisha Gupta on commodities to know why.
ICICI Direct, The US dollar index fell more than 0.50% on Thursday as weaker set of economic numbers and hawkish comments form Fed officials reinforced the expectation that Fed will take a pause in its rate hike regime.
According to Geojit, Spices traded weak on NCDEX on Thursday. Coriander futures hit its lowest level in about two years on subdued demand amidst rise in arrivals in the spot market.
Among sectors, realty, auto metal added 1 percent each, while selling was seen in the IT and oil & gas names.
Brent crude futures rose 13 cents, or 0.18% to $74.41 a barrel by 0115 GMT, while U.S. West Texas Intermediate crude (WTI) rose 15 cents, or 0.21%, to $70.25 a barrel, following two consecutive days of sliding crude prices.
At the interbank foreign exchange market, the local unit opened at 82.54 against the US dollar and settled at 82.42 (provisional), up 33 paise over its previous close amid sustained foreign fund inflows.
Among sectors, bank and metal indices fell 0.5 percent each, while information technology, realty and pharma gained 0.5-1 percent