Market Update

Market Watch

Tuesday, 10 November 2015

Accurate Bullion Trading Tips for Today

  • 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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