Monday, December 26, 2011

Gold steady, copper lower in early trades

Gold steady, copper lower in early trades


Gold steady, copper lower in early trades

Posted: 26 Dec 2011 08:57 PM PST

Indian gold futures are likely to open steady on Tuesday tracking flat overseas markets and will take cues from the rupee, which was little changed in early trade, analysts said.


Online shopping jumps 16.4% on Christmas Day

Posted: 26 Dec 2011 08:47 PM PST

A growing number of shoppers in the US apparently need only the briefest of breaks before diving back in, especially if they can log in to shop.


Sensex down 33 points in opening trade

Posted: 26 Dec 2011 08:18 PM PST

The BSE benchmark Sensex fell by over 33 points in opening trade today as investors booked profits recorded in yesterday's rally even as new data showed that infrastructure output growth rebounded in November.


Rupee weak at open, flows eyed

Posted: 26 Dec 2011 08:12 PM PST

The rupee was marginally weak on Tuesday as Asian equities offered little direction even as traders look out for bunched-up flows after the Christmas holiday in the United States.


Oil higher in Asian trade

Posted: 26 Dec 2011 08:03 PM PST

Oil was higher in Asian trade today amid thin trading volumes with Middle East geopolitical tensions seen supporting prices in the long-term, analysts said.


RBI to issue 500 note with rupee symbol

Posted: 26 Dec 2011 01:41 PM PST

The Reserve Bank will shortly issue Rs 500 notes which will have the rupee symbol.


India, Japan finalize new swap deal

Posted: 26 Dec 2011 01:00 PM PST

India and Japan are expected to announce a revised currency swap deal during Japanese Prime Minister Yoshihiko Noda's three-day visit, starting on Tuesday.


Sony to sell LCD stake to Samsung for $940m

Posted: 26 Dec 2011 07:59 AM PST

Sony Corp has agreed to sell its nearly 50 per cent stake in an LCD joint venture with Samsung Electronics to the South Korean company for $940 million, as it struggles to reduce huge losses at its TV business.


BofA mulls more asset sales to boost capital

Posted: 26 Dec 2011 07:54 AM PST

Bank of America Corp (BAC.N) is lagging behind its major U.S. competitors in complying with new capital rules, leading the bank to consider even more asset sales, sources said.


Rupee nudges up on US data

Posted: 26 Dec 2011 04:24 AM PST

The rupee closed 0.4 per cent stronger at 52.7250/7350 to the dollar, from Friday's close of 52.9600/9675.


Sensex nears 16k-level

Posted: 26 Dec 2011 04:01 AM PST

Igniting hopes of some year-end relief, the stock market today rallied ahead with a 232-point surge with the help from bluechips like Infosys and RIL.


Sensex rallies 195 points; IT, realty stocks climb

Posted: 26 Dec 2011 03:07 AM PST

Bharti Airtel advanced 3.3 percent at Rs 341.35. Hero MotoCorp was ruling 2.11 percent higher at Rs 1,889.70.


Silver falls by Rs 50 on sustained selling

Posted: 26 Dec 2011 01:47 AM PST

Silver today started the week on a bearish note by extending losses for the second straight session and fell by Rs 50 to Rs 52,500 per kg, on sustained selling by stockists on subdued demand. However, gold held steady at Rs 28,040 per 10 grams in restricted deals.


Sensex up 199 pts on fresh buying

Posted: 25 Dec 2011 11:42 PM PST

The BSE benchmark sensex was up by nearly 200 points in early trade on Monday on fresh buying in capital goods, realty, IT, auto and metal stocks.


Rupee rises by 21 paise against dollar

Posted: 25 Dec 2011 10:10 PM PST

The Indian rupee rose by 21 paise to Rs 52.75 per US dollar in early trade today on fresh selling of the American currency by banks and exporters amid hopes of a resumption of foreign capital inflows in light of a rising trend in the equity market.


Gold futures down 0.17%

Posted: 25 Dec 2011 09:38 PM PST

Amid absence of cues from overseas markets and a firm rupee, gold prices declined by 0.17% to Rs 28,062 per 10 grams in futures trade today.


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