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Gold Price Today: Domestic Gold Futures Ease On Rising Dollar, But Hold Rs 50,400 Mark
Edited by Sandeep Singh (with inputs from agencies) | Friday October 16, 2020Gold Price In India Today: MCX gold futures declined by Rs 138 to Rs 50,404 and silver futures by Rs 1,429 to Rs 60,174. -
Centre To Borrow On Behalf Of States To Meet GST Shortfall
Press Trust of India | Thursday October 15, 2020The Centre borrowing on behalf of states is likely to ensure that a single rate of borrowing is charged and this would also be easy to administer. -
India's Exports Rise 6% To $27.58 Billion In September
Press Trust of India | Thursday October 15, 2020The country's imports declined 19.6 per cent to $30.31 billion in September. It was $37.69 billion in the same month last year. -
Rupee Weakens To Close At 73.38 Against Dollar
Edited by Sandeep Singh (with inputs from agencies) | Thursday October 15, 2020Rupee Vs Dollar: Analysts say the rupee is likely to remain under pressure in the absence of domestic cues. -
European Markets Fall 2% On COVID-19 Curbs, Brexit Impasse
Reuters | Thursday October 15, 2020, LondonAnalysts said the rise in coronavirus infections across Europe and no sign of a vaccine anytime soon after two high-profile prospects experienced problems was hitting sentiment. -
Sensex Drops Over 1,000 Points, Breaks 10-Day Winning Streak
Written by Abhishek Vasudev | Thursday October 15, 2020Selling pressure was visible across sectors as all the 11 sector gauges compiled by the National Stock Exchange ended lower. -
Sensex Sinks 1,066 Points, Worst Day In 3 Weeks Amid Global Selloff
Edited by Sandeep Singh (with inputs from agencies) | Thursday October 15, 2020Domestic stock markets suffered their worst day in three weeks on Thursday with benchmark indices snapping their longest gaining streak in nearly six years, as a record number of new COVID-19 infections in parts of Europe spooked investors across the globe. The Sensex index dropped 1,097.98 points - or 2.69 per cent - to 39,696.76 at the weakest level during the session, and the broader Nifty benchmark dropped to as low as 11,666.30, down 304.75 points - or 2.55 per cent - from its previous close. The rise in coronavirus infections across Europe and no sign of a vaccine anytime soon hit global market sentiment, according to analysts. -
Sensex, Nifty On Track To Break 10-Day Winning Streak
Written by Abhishek Vasudev | Thursday October 15, 2020Nine of 11 sector gauges compiled by the National Stock Exchange were trading lower led by the Nifty IT index's 3 per cent decline. -
Sensex, Nifty Likely To Open Flat Today After Markets Rally For 10 Days
Edited by Sandeep Singh (with inputs from agencies) | Thursday October 15, 2020Infosys shares will be in focus today, a day after the country's second largest IT company raised its annual revenue growth forecast. -
Government Allows UAE's ADNOC To Export Oil From Strategic Reserve
Reuters | Wednesday October 14, 2020Allowing ADNOC to export its oil mirrors a model adopted by countries such as Japan and South Korea which allow oil producers to re-export crude storage. -
Infosys To Roll Out Salary Hikes, Raises Revenue Forecast
Reuters | Wednesday October 14, 2020Consolidated net profit for Infosys in the September quarter climbed 26.6 per cent to Rs 4,845 crore. -
Infosys Posts 14% Rise In Q2 Profit, Announces Salary Hikes From January
Edited by Sandeep Singh | Wednesday October 14, 2020Infosys, the country's second largest IT company, on Wednesday reported a 14 per cent rise in net profit to Rs 4,845 crore in the July-September period compared to the previous quarter, beating analysts' estimates. In a regulatory filing after market hours, the IT major said its revenue increased 3.82 per cent sequentially to Rs 24,570 crore in the quarter ended September 30. Growth in client demand for its digital services during the coronavirus crisis boosted the company's profitability. -
Sensex, Nifty Gain For Tenth Session In A Row Led By Financials
Written by Abhishek Vasudev | Wednesday October 14, 2020In the last ten trading sessions, the Sensex has gained 7.43 per cent and Nifty has rallied 6.67 per cent. -
Sensex, Nifty Extend Gains To Tenth Straight Day
Edited by Sandeep Singh (with inputs from agencies) | Wednesday October 14, 2020Share Market Latest Updates: Lowering its forecast for India, the IMF said the country's economy will contract 10.3 per cent this year because of the coronavirus pandemic. -
Rupee Edges Higher To Close At 73.29 Against Dollar
Edited by Sandeep Singh (with inputs from agencies) | Wednesday October 14, 2020Rupee Vs Dollar: The dollar index - which measures the dollar against six other currencies - was last seen trading 0.06 per cent.
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