- Gold held steady on Tuesday as
lingering caution in the aftermath of the Paris attacks offset the impact of a
firmer U.S. dollar, which rose on prospects of a December rate rise.
- Spot gold edged up $1.15 or 0.1 percent to $1,083.50 an ounce by 0055 GMT.
- The market has extended rally in early trade Tuesday, taking positive cues from global peers. The 30-share BSE Sensex climbed 109.17 points to 25869.27 and the 50-share NSE Nifty gained 30.95 points at 7837.55.
- ICICI Bank, Vedanta, SBI, L&T, BHEL, Idea Cellular, Cairn India and Tata Power were early gainers, up around a percent each. Dr Reddy's Labs, Bharti Airtel, GAIL, Hero Motocorp, Infosys and HCL Technologies were losers.
- Crude oil edged up on Tuesday, lifting further away from over two-months lows seen last week, as traders price in a risk premium following the Paris attacks and the resulting French airstrikes in Syria.
- Asian stocks gained early on Tuesday, taking heart after seeing Wall Street take the attacks in Paris in stride and surge overnight, while expectations for a rate hike by the Federal Reserve in December kept the dollar on a bullish footing.
- India's merchandise exports shrank 17.53 percent in October from a year ago to $21.35 billion.
- Asian shares advanced on Tuesday, with energy and airline
counters leading the rebound, as investors took heart from the rally on Wall
- Japan's Nikkei 225 recouped all of Monday's losses, with sentiment bolstered by the inspiring handover from Wall Street and a weaker yen.
Tuesday, 17 November 2015
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