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Nifty, Sensex Scale New Record Highs On COVID-19 Vaccine Cheer
Reuters | Tuesday November 10, 2020, BengaluruStocks of IndiGo owner InterGlobe Aviation rose 5.3 per cent, while hotel operators EIH and Lemon Tree jumped more than 5 per cent each. -
Market Latest Updates: Sensex, Nifty Scale New Record Highs As Markets Extend Rally On Vaccine Cheer
Edited by Sandeep Singh (with inputs from agencies) | Tuesday November 10, 2020Domestic stock markets soared to new record highs on Tuesday as investors applauded progress in the development of a coronavirus vaccine which lifted confidence in a world economic recovery. The S&P BSE Sensex index391.4 points - or 0.92 per cent - higher at42,988.83, and the broader NSE Nifty 50 benchmark began the day at12,566.75, up 105.7 points - or 0.85 per cent - from its previous close. Those marked the highest intraday levels ever for both indices, led by gains in banking and financial servicesshares. -
Gold Plunges 5% As Stocks Soar On Covid-19 Vaccine Euphoria
Reuters | Tuesday November 10, 2020Pfizer Inc said its experimental COVID-19 vaccine was more than 90 per cent effective; Pfizer and BioNTech SE said they expect to seek U.S. emergency use authorization later this month. -
RBI-Regulated Markets Now Operate For These Extended Hours
Edited by Sandeep Singh | Tuesday November 10, 2020The RBI regulates foreign exchange, corporate bond/commercial paper, government security, deposit certificate and currency as well as commodity derivatives instruments. -
Nirmala Sitharaman Attended First BRICS Finance Ministers, Central Bank Governors Meeting
Asian News International | Tuesday November 10, 2020The meeting discussed outcomes of the G20 Saudi Presidency in 2020, a digital platform to encourage infrastructure investments and expanding membership of New Development Bank. -
Gold Price Today: MCX Futures Slide Below Rs 49,700 Mark Amid COVID-19 Vaccine Optimism
Edited by Sandeep Singh (with inputs from agencies) | Tuesday November 10, 2020Gold Price In India Today: Multi Commodity Exchange (MCX) gold futures settled at Rs 49,665 for the day. -
Petrol, Diesel Prices Remain Unchanged On Tuesday
Edited by Peter Noronha | Tuesday November 10, 2020Fuel Price in India Today: In Delhi, the price of petrol remained at Rs 81.06 per litre and diesel was Rs70.46 per litre, according to notifications from state-run Indian Oil Corporation. -
Sensex, Nifty Likely To Open Strong
Edited by Peter Noronha (with inputs from agencies) | Tuesday November 10, 2020Asian share markets mostly shot higher, driven by regional airline, tourism and travel stocks; Japan's Nikkei 225 rose 1.1 per cent and Australia's S&P/ASX 200 rose 1.6 per cent. -
Crude Oil Surges On COVID-19 Vaccine, Production Cut Hopes
Reuters | Monday November 09, 2020, LondonSaudi Arabia's Energy Minister Prince Abdulaziz bin Salman said the OPEC+ deal on oil output cuts could be adjusted if there is consensus among members of the group. -
Government Seeks Foreign Investment In Strategic Petroleum Reserves
Reuters | Monday November 09, 2020Government recently allowed Abu Dhabi National Oil Co (ADNOC) to re-export some of its oil stored in Mangalore SPR, mirroring a model adopted by South Korea and Japan. -
India To Be Key Driver Of Global Oil Demand In Coming Decades: Oil Minister
Reuters | Monday November 09, 2020India's share of global energy consumption was set to rise from the current 7 per cent to 12 per cent by 2050, oil minister Dharmendra Pradhan said. -
October Car, Motorbike Sales Skid As Dealers Caution Over Stock
Reuters | Monday November 09, 2020Companies including Maruti Suzuki, Hyundai Motor and Hero MotoCorp reported strong dealer demand in October in anticipation of high sales in the run up to the festival of Diwali this week. -
Crude Oil Rate Surges 10% To $43 Per Barrel, Biggest Single-Day Jump In 6 Months
Edited by Sandeep Singh (with inputs from agencies) | Monday November 09, 2020Crude oil rates surged more than 10 per cent on Monday in their biggest single-day gain in six months, on hopes of a COVID-19 vaccine and a cut in output by top producers. Brent crude futures - the global benchmark for crude oil - soared to quote at $43.48 per barrel at the strongest level recorded during the session compared to their previous close. That marked an increase of $4.03 per barrel - or 10.22 per cent - at the intraday high, compared to Friday's close of $39.45 per barrel. -
Sensex, Nifty Close At Record Highs On Strong Global Cues: 10 Things To Know
Edited by Abhishek Vasudev (with inputs from Reuters) | Monday November 09, 2020The S&P BSE Sensex and NSE Nifty 50 indexes surged to record highs on Monday on the back of strong global cues on expectations of better global trade ties and more monetary stimulus under the US President-elect Joe Biden supported risk appetite. Better-than-expected earnings in September quarter by Indian companies also boosted the investors' confidence, analysts said. The Sensex rose as much as 752 points to hit an intraday record high of 42,645.33 and Nifty 50 index climbed to an all-time high of 12,474. -
Gold Price Today: Yellow Metal Futures Tumble Over 2% To Rs 50,984 Amid COVID-19 Vaccine Optimism
Edited by Sandeep Singh (with inputs from agencies) | Monday November 09, 2020Gold Price In India Today: Multi Commodity Exchange (MCX) gold futures settled at Rs 50,984 for the day, down 2.27 per cent for the day.
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