Traders attributed the gain in gold to increase in the domestic spot market demand. However, a weak trend in the international market restricted the gains, they said. Besides, the decline in equity markets also aided the rally in the precious metal as investors moved towards safe-haven assets such as gold, they added.
BSE Sensex closed below the 32,000-mark plunging over 200 points while Nifty closed below magical 10,000-mark for the second consecutive day.
The appointment of Urjit R. Patel as the new Reserve Bank of India (RBI) Governor is expected to give a positive boost to the Indian equity markets during the upcoming week.
Mumbai: Key economic data and upcoming quarterly results are expected to flare up volatility in the Indian equity markets in the coming week, market observers noted.The Indian equity markets have performed stellarly since September 29,
Beijing: World Bank Group (WBG) President Jim Yong Kim said on Friday that China's economic fundamentals are sound despite the recent equity market volatility."China has built the world's second largest economy and it has undertaken
Mumbai : Snapping its five-day falling spree, the rupee rose 8 paise to 63.76 against the US dollar in early trade today on fresh selling of the American currency by exporters and banks amid a
Mumbai: The rupee depreciated by 32 paise to 60.97 against the US dollar in early trade today at the Interbank Foreign Exchange due to increased demand for the US currency from importers amid a weak
New Delhi: Reposing their faith in Indian markets, foreign investors have made net inflows of a staggering amount of Rs 1.10 lakh crore (nearly USD 20 billion) in stocks here during 2013, while taking their
New Delhi, Jan 24: Policymakers should take urgent steps to make equities more attractive to wean away the investors' interest from an idle asset such as gold and channelise the Indian savings into the country's
Mumbai, Dec 20: The Rupee dropped by 20 paise to 54.75 against the American currency in late morning trade today on fresh dollar demand from banks and importers despite persistent capital inflows in the equity
Mumbai, Jun 28: The rupee today rose by a whopping 35 paise to close at 56.80 against the dollar amid hopes that Prime Minister Manmohan Singh who himself has taken over the finance portfolio will
Mumbai, Jun 25: The rupee slumped to fresh record low of 57.92 after RBI measures to stem the currency slide failed to enthuse investors but it managed to recover some ground and closed 14 paise
Saharanpur, Mar 21: Outlining six norms for investment in capital market by Muslims, Islamic seminary Darul Uloom Deoband has said followers can invest in the equity of a company which is not involved in production
New Delhi, March 16 : Finance Minister Pranab Mukherjee today announced the launching of Rajiv Gandhi Equity Savings Scheme to boost the capital equity market.In his Union Budget speech to parliament, Mukherjee proposed to introduce
Mumbai, Oct 4 : The Indian rupee lost 13 paise to Rs 49.28 per US dollar in early trade on the Interbank Foreign Exchange today due to appreciation of the US currency against other major
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