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U.S. crude rose 6 percent on Friday, notching its first weekly gain in two months, after a rally in gasoline from refinery outages and concerns about strife in Yemen fed a second frenzied day of short-covering in oil.Market players also kept an eye on a storm that appeared to be approaching the oil-rich U.S. Gulf of Mexico.U.S. crude gained nearly 17 percent over two sessions, ending eight straight ...
A volatile ride for global markets this week ended calmly on Friday even as lingering worries over Chinese economic growth and the Federal Reserve's plans to raise interest rates weighed on stocks, but oil rebounded sharply for a second day.U.S. crude jumped more than 6 percent as a rally in gasoline prices and air raids in Yemen forced traders to scramble to cover short positions. U.S. crude gained ...
After falling for three straight days, gold prices recovered by Rs. 50 to Rs. 26,700 per ten grams at the bullion market today, supported by fresh purchases by jewellers to meet seasonal demand, amid a firming global trend.Silver also rebounded by Rs. 600 to Rs. 34,800 per kg, on increased offtake by industrial users and coin makers.Traders said emergence of buying by jewellers and retailers, triggered ...
Gold traded flat on Friday, on track to post its biggest weekly drop in five as strong U.S. economic data supported the case for a near-term increase in interest rates.The upward revision in U.S. economic growth in the second quarter to 3.7 percent from the initial estimate of 2.3 percent spurred market expectations that the Federal Reserve could still raise rates this year despite a global equities ...
U.S. crude rose 6 percent on Friday, notching its first weekly gain in two months, after a rally in gasoline from refinery outages and concerns about strife in Yemen fed a second frenzied day of short-covering in oil.Market players also kept an eye on a storm that appeared to be approaching the oil-rich U.S. Gulf of Mexico.U.S. crude gained nearly 17 percent over two sessions, ending eight straight ...
A volatile ride for global markets this week ended calmly on Friday even as lingering worries over Chinese economic growth and the Federal Reserve's plans to raise interest rates weighed on stocks, but oil rebounded sharply for a second day.U.S. crude jumped more than 6 percent as a rally in gasoline prices and air raids in Yemen forced traders to scramble to cover short positions. U.S. crude gained ...
The European Commission will launch a study in September of the ride-hailing app Uber in an effort to settle legal disputes that have pitched the U.S. start-up against conventional taxis across Europe, three people familiar with the matter said on Friday.Since opening in Paris in 2011, San Francisco-based Uber has run into vehement opposition from taxi drivers, who complain it competes unfairly by ...
The U.S. government has approved Britain's request to have 50 of its older model Apache helicopters refurbished and upgraded by Boeing Co and other U.S. companies, a deal valued at around $3 billion (1.95 billion pounds), the Defence Department announced on Thursday.The Pentagon's Defence Security Cooperation Agency (DSCA), which oversees foreign arms sales, notified U.S. lawmakers on Wednesday about ...

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 ...
BANGKOK, Aug 28 (Reuters) - Southeast Asian stock markets rose on Friday as upbeat U.S. economic growth data lifted sentiment in Asia, with foreign-led buying sending Malaysia's key stock index to a more than two-week closing high ahead of a three-day weekend. The Kuala Lumpur composite index rose 0.7 percent to its highest closing level since Aug. 13. Shares of oil and gas services firm Sapurakencana ...
* Futures down: Dow 160 pts, S&P 20 pts, Nasdaq 41 pts By Tanya Agrawal Aug 28 (Reuters) - U.S. stock index futures fell on Friday, after a two-day market rally, suggesting nervousness heading into the weekend after a hair-raising ride for global markets in the past few days. * Wall Street logged its biggest two-day gain since the financial crisis on Thursday on strong U.S. economic data and hints ...
U.S. crude rose 6 percent on Friday, notching its first weekly gain in two months, after a rally in gasoline from refinery outages and concerns about strife in Yemen fed a second frenzied day of short-covering in oil.Market players also kept an eye on a storm that appeared to be approaching the oil-rich U.S. Gulf of Mexico.U.S. crude gained nearly 17 percent over two sessions, ending eight straight ...
India's central bank has not said it is done with interest rate cuts and will keep a close eye on incoming data, Reserve Bank of India (RBI) Governor Raghuram Rajan said on Friday."We'll look at the data as it comes in and take a further view. We have not said we are finished," he said in an interview with CNBC television in Jackson Hole, Wyoming.After cutting its repo rate by 75 basis points this ...
The European Commission will launch a study in September of the ride-hailing app Uber in an effort to settle legal disputes that have pitched the U.S. start-up against conventional taxis across Europe, three people familiar with the matter said on Friday.Since opening in Paris in 2011, San Francisco-based Uber has run into vehement opposition from taxi drivers, who complain it competes unfairly by ...
China's largest automaker SAIC Motor Corp Ltd warned on Thursday of a grim outlook for the overall vehicle market in the second half of the year, as the slowest economic growth in 25 years and a downturn in the stock market puts off buyers.Vehicle sales in China, the world's largest car market, rose a meagre 0.4 percent in the first seven months and are predicted to grow 3 percent this year, less than ...
  Cities   Price (10g)
  Chennai   Rs. 24470.00 (1.37%)
  Mumbai   Rs. 24900.00 (0.97%)
  Delhi   Rs. 24200.00 (1.26%)
  Kolkata   Rs. 24160.00 (0%)
  Kerala   Rs. 24000.00 (0.63%)
  Bangalore   Rs. 23800.00 (0%)
  Hyderabad   Rs. 24140.00 (1.17%)

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