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Gold prices drifted sharply at the domestic bullion market here today due to heavy selling from jewellery stockists and retailers amid subdued local demand. Elsewhere, silver also fell modestly after a brief overnight pause owing to lack of industrial support. Standard gold (99.5 purity) slumped by Rs 100 to finish at Rs 26,655 per 10 grams from Friday's closing level of Rs 26,755. Pure gold (99.9 ...
Gold prices fell by Rs 30 to Rs 27,160 per 10 grams at the bullion market today on a weak global trend and sluggish demand from jewellers at domestic markets. Silver also moved down by Rs 150 to Rs 36,350 per kg on lack of buying support from industrial units. Bullion traders said besides a weak trend overseas, low demand at domestic spot markets from jewellers at existing levels, mainly weighed on ...
Gold prices drifted sharply at the domestic bullion market here today due to heavy selling from jewellery stockists and retailers amid subdued local demand. Elsewhere, silver also fell modestly after a brief overnight pause owing to lack of industrial support. Standard gold (99.5 purity) slumped by Rs 100 to finish at Rs 26,655 per 10 grams from Friday's closing level of Rs 26,755. Pure gold (99.9 ...
Gold prices fell by Rs 30 to Rs 27,160 per 10 grams at the bullion market today on a weak global trend and sluggish demand from jewellers at domestic markets. Silver also moved down by Rs 150 to Rs 36,350 per kg on lack of buying support from industrial units. Bullion traders said besides a weak trend overseas, low demand at domestic spot markets from jewellers at existing levels, mainly weighed on ...
Kolkata, April 25 (IANS) Infrastructure development which will lead to economic growth is a key focus for the Narendra Modi-led NDA government at the Centre, Minister of State for Finance Jayant Sinha said here on Saturday. "Infrastructure is a national priority and we'll offer the enabling environment to attain its development," Sinha told media persons while attending an event here. He said the ...
Wolters Kluwer, a global market-leading information services, launched their healthcare communication course at CAHOCON 2015, a path breaking conference in the Delhi attended by the country's leading doctors and healthcare professionals. This unique course on communication was hosted at Lippincott Gurukul, an eLearning platform to cater to the educational and training needs of healthcare professionals. ...
Infosys Ltd, India's second-largest software services exporter, on Friday posted quarterly net profit that lagged most analyst expectations, dampening hopes of a quick turnaround after top management changes.Bengaluru-based Infosys, once seen as the bellwether of India's $150 billion IT services industry, has in recent years struggled to innovate and retain market share due to a staff exodus that also ...
The Apple Watch launched globally on Friday with a small queue of Japanese tech-addicts lining up in Tokyo for Apple Inc's first wearable gadget, but there was no sign of the excitement usually attached to the company's product rollouts.Buyers can take the smartwatch home from a handful of upscale boutiques and department stores, including The Corner in Berlin, Maxfield in Los Angeles and Dover Street ...

Today's picks

2013-02-19 18:00:00

NIFT Current: 5,898 (futures: 5,906) Target: NA Index remains range-bound between 5,870 and 5,925 with very nominal futures premium. The range today could be 5,850 or 5,950. Stop-loss shorts at 5,925 and stop-loss long positions at 5,975. A long 5,800p (19) and long 6,000c (21) could gain 10-12 if the market swings 50 points in either direction. STATE BANK OF INDIA Current price: Rs 2,263 Target price: ...

Today's picks

2013-02-09 18:00:00

NIFTY Current: 5,939 (futures: 5,964);Target: NAThe downtrend continued. Key support was tested at 5,930. A drop below 5,920 could mean a dip till 5,875. A bounce will hit resistance at 5,975-5,990. Futures premium has increased to 25, which may mean a pullback on short-covering. The bearspread of long 5,900p (48) versus short 5,800p (23) continues to look attractive.TATA STEEL Current price: Rs 390;Target ...
By Douwe Miedema WASHINGTON (Reuters) - The notion that one man trading from his parents' house in a working class London suburb had a material role in the 2010 Wall Street flash crash has aroused increasing scepticism from investors and traders since charges were brought on Tuesday. U.S. has asked UK authorities to hand over Navinder Singh Sarao, 36, after his arrest this week on charges that ...
By Noel Randewich (Reuters) - The Nasdaq Composite and S&P 500 chalked up record high closes on Friday, propelled by strong results from tech behemoths Google, Amazon and Microsoft. The Nasdaq Composite added 0.71 percent to end at 5,092.09, its second straight record high close. The S&P 500 rose 0.23 percent to a record high close of 2,117.69 points, barely above its previous high of 2,117.39 ...
Reserve Bank of India Governor Raghuram Rajan called for an urgent expansion of formal financing routes for farmers after a spate of suicides in the country, the Business Standard said on Saturday, citing the Press Trust of India."It is lack of formal financing rather than the excessive burden of informal financing which is the problem. So can we move formal financing to every area of the country," ...
By Thomas Atkins FRANKFURT (Reuters) - Deutsche Bank will cut back investment banking, sell its Postbank retail chain via a public share offering and reduce costs, the group said late on Friday, in a restructuring plan designed to boost profits. Germany's largest bank is under pressure to revive its performance as new regulations, legal headaches and weak markets eat into returns but investors ...
Mahindra and Mahindra Ltd has denied a media report that it plans to increase its stake in South Korean automaker Ssangyong Motor Co Ltd, a spokesman for Ssangyong Motor said on Friday.Shares of Ssangyong Motor were down 8 percent as of 0516 GMT on Friday.CNBC-TV18 on Wednesday said Mahindra is planning to hike its stake in Ssangyong to around 90 percent to 95 percent by year-end, without citing where ...
By Ben Klayman and Bernie Woodall DETROIT (Reuters) - General Motors posted a smaller-than-expected quarterly profit on Thursday on weakness in South America and Russia and a higher tax rate, sending shares down 3.5 percent. "Clearly the macro environment in South America, and it's primarily Brazil, deteriorated versus even where we thought it was going to be," Chief Financial Officer Chuck Stevens ...
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