- Gold was near a three-month low on Tuesday on expectations the U.S.
- The market started off Tuesday on a negative note with
the BSE Sensex falling 115.29 points to 26006.11 and the Nifty declining 33.15
points to 7882.05. Weak global cues drove market lower. ONGC, Hindalco
Industries, Vedanta, Infosys, Coal India and IndusInd Bank were big losers in
early trade, down 1-2 percent.
- The Indian rupee has opened flat at 66.43 per dollar
today against previous day's closing value of 66.44 a dollar.
- Oil is unlikely to return to USD 80 a barrel before the
end of the next decade, despite unprecedented declines in investment, as yearly
demand growth struggles to top 1 million barrels per day, the International
Energy Agency said on Tuesday.
- Gold and silver coins sales, including those bearing
Ashok Chakra, sparkled on Dhanteras, with sales estimated to have gone up by up
to 25 per cent from last year as consumers went on a buying spree lured by
lower prices. Dhanteras is considered to be an auspicious day for buying gold,
silver and other valuables and is largely celebrated in North and West India.
- The Indian stock market has opened lower this morning,
extending its slide on weak global cues.
The Sensex is down 114.40 points or 0.44% at 26,007.00. The Nifty is down 40.35 points or 0.51% at 7874.85. ONGC and Hindalco are down more than 2%.
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