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Gold was available for $2 premium over and above the landed rate 15 days back. After the steep rise, it is now available for a discount of $14 per ounce, said Suresh Hundia, former President of the Bombay Bullion Association.

Gold, silver fall on weak overseas trend, profit-booking

Gold of 99.9 per cent and 99.5 per cent purity declined Rs 170 each to Rs 34,210 and Rs 34,040 per 10 gram,...

4 July 2019 3:53 PM IST

The Indian rupee is totally correlated to the crude prices and as long as the crude remains above $70, the rupee will hold weak.

Rupee rises 6 paise against dollar in early trade

Rupee opened strong at 68.86 at the interbank forex market then gained further to touch 68.83 per dollar.

4 July 2019 10:17 AM IST

The Sensex closed at 39,784 with a gain of 168.62 points or 0.43 per cent while the Nifty-50 closed at 11,922.70 up 52.05 points or 0.44 per cent.

Market on a wait and watch mode before Budget

Traders were cautious ahead of the presentation of the Economic Survey on Thursday, 4 July 2019, and that of Union...

4 July 2019 2:54 AM IST

Rupee strengthened by 28 paise to close at 70 against the dollar on Thursday.

Rupee edges 6 paise higher at 68.89 against US dollar

At the interbank foreign exchange, rupee opened stronger at 68.83 and went on to touch the day's high of 68.79.

3 July 2019 7:15 PM IST

On a weekly basis, the Sensex rallied 358.06 points, or 1.28 per cent, and the Nifty 99.70 points, or 1.15 per cent.

Sensex, Nifty end marginally higher

The 30-share BSE Sensex settled 22.77 points, or 0.06 per cent, higher at 39,839.25.

3 July 2019 4:10 PM IST

The gold jewellery exporters used 176 tonnes of gold for round-tripping while only 50 tonnes catered to genuine exports in 2018, as per the estimates of precious metals agency GFMS.

Gold glitters, jumps Rs 260 on strong global trend, jewellers' buying

Gold is trading at 34,380 per 10 gram at the bullion market here, supported by firm global trend and increased demand...

3 July 2019 3:24 PM IST

Though Dubai depends less on oil income, fluctuations in crude oil prices have affected all sectors of its economy. The slowdown took its toll on the small and unorganised sectors in the form of unpaid outstanding dues for companies, unpaid wages for workers and large scale job losses.

Crude oil futures dip on muted domestic demand

On the Multi Commodity Exchange, crude for delivery in July contracts was trading lower by Rs 58 at Rs 3,889.

3 July 2019 3:21 PM IST

As the downward spiral of the rupee continues, its effect will be felt in the government not being able to hold the fiscal deficit, inflation in oil and other imports, the fall of investments made in the stock market and the increased cost to companies in repaying foreign loans.

Rupee rises 16 paise against dollar in early trade

Rising crude oil prices and foreign fund outflows weighed on the domestic currency.

3 July 2019 10:28 AM IST

Benchmark Sensex surged 577 points to end at 33,597 on Thursday.

Sensex, Nifty start on a volatile note

The 30-share index was trading 29.49 points, or 0.07 per cent, higher at 39,845.97.

3 July 2019 10:00 AM IST

To continue the uptrend, the market has to close above the recently made lifetime high which is 12,040 level.

Market looks forward to pro-growth steps

It is not expecting any additional measures on the taxation front such as cuts in corporate or personal income tax...

3 July 2019 7:10 AM IST

Telecom major Bharti Airtel fell close to 10 per cent intra-day, but recovered later posting more than 3 per cent gain.

Market may remain range bound

The Sensex gained 129.98 points to close at 39,816 and the Nifty rose 44.70 points to 11,910.30.

3 July 2019 7:02 AM IST

LICs stake went up in seven Sensex companies during Q4. They are: Bajaj Auto; Mahindra & Mahindra; Kotak Mahindra Bank; HDFC Bank; ONGC; Coal India; and ITC.

Sensex gains 130 points; oil and gas, IT stocks save the day

After a highly volatile session, Sensex settled 129.98 points, or 0.33 per cent, higher at 39,816.48.

2 July 2019 4:15 PM IST