Asia’s incremental demand for September-loading Middle East crude weakened last month with several North Asian refineries scheduled to shut for maintenance during their autumn season. (Photo: File)
02 Aug 2019 12:31 PM

The cuts would track a backwardation between prompt and third month Dubai prices that narrowed by 70 cents a barrel in July versus June.

The broader NSE Nifty dropped 138 points or 1.24 per cent to close below the key 11,000-mark at 10,980.00.  (Photo: File)
02 Aug 2019 10:10 AM

However, Bharti Airtel, Asian Paint, Tata Motors and Infosys gained in the morning trade.

The maximum selling was seen in metal, bank, IT and capital goods stocks, the top sectoral losers were BSE Metal (-3.37 per cent), IT (-1.92 per cent), Bankex (-1.80 per cent), Capital Goods (-1.75 per cent), Healthcare (-0.92 per cent).
02 Aug 2019 2:23 AM

The Sensex plunged 786.94 points intra-day to day’s low of 36,694.18 after a weak start.

On Thursday the Indian market stood out as one of the worst in the world, with Sensex and Nifty falling 1.23 per cent and 1.24 per cent, respectively, after recovering from the steep decline intra-day.
02 Aug 2019 2:13 AM

Sensex, Nifty crack below 37K and 11K marks

After the Budget, the discount was around $16 per ounce and now it has moved up to $23 - $25 per ounce.
02 Aug 2019 2:04 AM

Usually gold is available for a premium or discount of $2 to $3 an ounce depending upon the dynamic supply-demand situation.

The BSE Sensex plunged more than 750 points in late-afternoon trade, before finally ending at 37,018.32, down by 462.80 points or 1.23 per cent.
01 Aug 2019 4:41 PM

The broader NSE Nifty dropped 138 points or 1.24 per cent to end at 10,980.00.

In the global market, gold was trading lower at USD 1,407 an ounce and silver price was down at USD 16.12 an ounce in New York.
01 Aug 2019 4:07 PM

Gold is trading at Rs 41,530 per kg in the national capital as caution prevailed in view of weak global cues.

In the Sensex pack, Vedanta took the biggest hit (5.81 per cent), followed by Tata Motors, SBI, Yes Bank, Bharti Airtel and Infosys, sliding up to 5.53 per cent.
01 Aug 2019 3:15 PM

The NSE Nifty dived 222.80 points to 10,889.55, led by a sharp sell-off in auto, banks, and metal stocks.

Foreign institutional investors (FIIs) remained net sellers in the capital markets, pulling out Rs 1,497.07 crore on Wednesday, provisional data with the exchanges showed.
01 Aug 2019 10:31 AM

Rupee is trading at 69.20 against US dollar amid unabated foreign fund outflows and rising crude oil prices.

The broader Nifty also fell 16.15 points or 0.44 per cent to 11,069.25.
01 Aug 2019 10:01 AM

The 30-share index was trading 205.69 points or 0.55 per cent lower at 37,275.43.