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The Indian stock market has got off to a sluggish start this morning, with investors treading cautiously, looking ahead to the second quarter GDP data due on Friday and the Reserve Bank of India's monetary policy review, due early next week.A sluggish trend in Asian markets on the back of some soft U.S. economic data is also contributing to the subdued mood back home.The BSE benchmark Sensex is down ...
Hedge funds invested in emerging markets have seen sharp declines this year, led by Russia and Latin America, but India stands out as a bright spot.Industry data tracker HFR said declines in local currencies, such as in Brazil, Latin America's biggest economy, and falling oil prices have pressured performance.Hedge funds invested in Russia dropped an average of 8.3 percent net of fees in the third ...
Gold prices fell by Rs 20 to Rs 26,880 per 10 grams at the bullion market in the national capital today on easing demand from jewellers and retailers at prevailing levels amid a weak global trend. However, silver strengthened by Rs 175 to Rs 37,200 per kg on persistent buying support from industrial units and coin makers. Marketmen said besides falling demand from jewellers and retailers at prevailing ...
Gold dipped from $1,200 an ounce on Wednesday as equities rose on optimism over the U.S. economy, while traders nervously awaited cues from the dollar and a Swiss referendum on central bank gold reserves.The gold market has been in a tight range this week, lacking direction ahead of the U.S. Thanksgiving holiday on Thursday and the Swiss referendum on Sunday.The metal has seen quiet trading since recovering ...
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