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Sensex Gains Over 100 Points, Nifty Tops 11,350 As Financial, Metal Stocks Jump
Edited by Sandeep Singh (with inputs from agencies) | Thursday August 13, 2020Hindalco, JSW Steel, UPL, TCS and Wipro, trading between 1.63 per cent and 4.24 per cent higher, jumped the most among the 40 gainers in the 50-scrip Nifty basket. -
No Change In Petrol, Diesel Prices On Thursday
Edited by Peter Noronha | Thursday August 13, 2020State-run oil marketing companies such as Indian Oil Corporation allow any revisions on a daily basis, to bring the fuel rates at par with global oil prices and changes in the forex rates. -
Sensex, Nifty Likely To Have A Mildly Positive Opening
Edited by Peter Noronha (with inputs from agencies) | Thursday August 13, 2020The domestic stock markets are likely to open in the green, following a positive close for the US market and positive indications from SGX Nifty. -
OPEC Trims 2020 Oil Demand, Sees Doubts About 2021 On Virus Fallout
Reuters | Wednesday August 12, 2020While some countries have eased lockdowns, allowing demand to recover, fear of new outbreaks has kept a lid on oil prices -
From Carats To Peanuts: How A Pandemic Upended The Global Diamond Industry
Reuters | Wednesday August 12, 2020Demand for diamonds has plummeted during the pandemic, freezing sales and squeezing prices -
Nifty Breaks 6-Day Winning Streak Dragged By Metal, Pharma Shares
Edited by Abhishek Vasudev | Wednesday August 12, 2020Mid- and small-cap indexes ended on a mixed note as Nifty Midcap 100 index ended flat while Nifty Smallcap 100 index rose 0.4 per cent. -
UK Economy Contracts By 20.4% In June Quarter
Written by Sakshi Bajaj | Wednesday August 12, 2020Lockdown measures led to record quarterly decline in services, construction and production. -
Alibaba-Backed Best To List Delivery Business In Hong Kong: Report
Reuters | Wednesday August 12, 2020Best has tapped Credit Suisse and JPMorgan to lead the listing process, according to sources -
Sensex, Nifty Off Day's Lows; PSU Banks Gain, Metal, Pharma Shares Fall
Edited by Abhishek Vasudev | Wednesday August 12, 2020The equities have seen broad-based gains in the last few sessions and the Nifty 50 had gained nearly 4 per cent over the last six sessions. -
Weak Fuel Demand Drags On As Virus Crisis Worsens
Reuters | Wednesday August 12, 2020Sales of petrol, fell by 10.3 per cent from a year earlier to 2.26 million tonnes, and were down 0.8 per cent from 2.28 million tonnes in June. -
Spot Gold Rebounds Above $1,900 Mark Amid Volatile Trade As UK Economy Slumps
Reuters | Wednesday August 12, 2020Gold's gains were also helped by the dollar, whose recent uptick was stalled by a deadlock in Washington over a stimulus package. -
Interest Rate-Sensitive Stocks Trade Mixed Ahead Of July Inflation Numbers
Edited by Peter Noronha | Wednesday August 12, 2020At 11:10 am, the BSE Auto index had gained more than 1 per cent, while metal and banking indices had shed 1.5 per cent and 0.5 per cent respectively. -
Rupee Edges Lower To End At 74.82 Against Dollar
Edited by Sandeep Singh (with inputs from agencies) | Wednesday August 12, 2020Rupee Vs Dollar Rate: The rupee traded in a range of 74.76-74.85 against the US currency, having started the day unchanged at 74.77 compared to its previous close. -
Silver Price Today: Silver Futures Hit Lower Circuit, Fall To Rs 60,910 Tracking Precious Metals
Edited by Sandeep Singh (with inputs from Reuters) | Wednesday August 12, 2020Silver Rate Today: At 10:12 am, the MCX silver futures resumed trading after a 15-minute halt at 6 per cent (Rs 62,918), and slid to as low as Rs 60,910 during the session. -
Gold, Silver Price Today: Gold Futures End Volatile Day Higher At Rs 52,220, Silver Dips To Rs 66,772
Edited by Sandeep Singh (with inputs from Reuters) | Wednesday August 12, 2020Domestic gold and silver futures fluctuated between gains and losses in a wide range on Wednesday, as data showing the UK's economy shrank by a record 20.4 per cent in the April-June period refueled fears about the coronavirus pandemic-led slowdown. Multi Commodity Exchange gold futures - due for an October 5 delivery - registered wild swings in a more than Rs 2,500 range between Rs 49,955 and Rs 52,460. MCX silver futures (September 4) followed suit in a Rs 7,570 range, quoting at Rs 68,480 and Rs 60,910 at the day's strongest and weakest levels, having hit the first lower circuit at 6 per cent (Rs 62,918) during the session.
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