Spot gold was up 0.1 percent to $1,286.10 an ounce at 0053 GMT. It hit a one-week low of $1,281.31 in the previous session.     Gold prices inched up on Wednesday from a one-week low with the dollar holding steady, but speculation that President Donald Trump might pick a policy hawk to lead the
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Gold slipped on Monday on a firmer dollar and stronger Asian equities, but stayed above the key psychological level of $1,300. The metal gained about 0.9 percent on Friday after U.S. President Donald Trump warned he might ultimately end a 2015 nuclear agreement with Iran and after data showed underlying inflation remained muted in the
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The Indian rupee opened flat at 65.35 per dollar on Tuesday versus previous close 65.35.   Ashutosh Khajuria of Federal Bank said, “Don’t expect rupee to depreciate further and will trade in a range 65-65.50 today.”   He further added, “Bond markets are in a bearish mood ahead of state development loans auctions worth Rs
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F&O Outlook: Nifty PCR-OI has increased to 1.10 from 0.94. The rise in the ratio may be due to increase in PE of 9900 and decrease in CE of 10000. PE of 9900 and CE of 10000 are the highest number of contracts traded. Opening for the Day: Trading of SGX Nifty futures on the
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In India the stock market investors and traders in the various definitions , even though a lot of people remain confused and utilization of these terms . Stockholders in the session once known as the traders or day traders and people who place their money in the stock market a very extensive period of time
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Export of American crude oil to India will create jobs, economic stability and national security in both countries, US Energy Secretary Rick Perry has said, days after the first ever shipment of US crude oil landed in Odisha.   The shipment, loaded at Saint James, Louisiana and Freeport, Texas terminals last month, docked at Paradip
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The Indian rupee opened lower at 65.09 per dollar on Thursday versus previous close 65.01.   Mohan Shenoi of Kotak Mahindra Bank said, “Rupee has gained from exporter participation and revival of carry trades post RBI announcing status quo on interest rates. USD-INR trading range for the day is seen between 64.90-65.20.”   On a
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The dollar inched up against a basket of peers on Thursday after data shed more positive light on the U.S. economy, although sagging Treasury yields tempered the greenback’s gains. Gold prices were little changed early on Thursday as the dollar held firm on strong U.S. services sector growth, with markets awaiting the key U.S. non-farm
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Midcaps outperformed the frontline indices, while on the sectoral front, metals took a hit. Positive moves were seen in auto, FMCG and energy stocks.   Shares of major oil marketing companies (OMCs) opened positively in the opening tick on Wednesday after the government reduced the basic excise duty on petrol and diesel (both branded and
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F&O Outlook: Nifty PCR-OI has decreased to 0.84 from 0.87. The fall in the ratio may be due to decrease in PE of 10100 and increase in CE of 9900. PE of 9800 and CE of 9900 are the highest number of contracts traded.   Opening for the Day:   SGX Nifty futures on the
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