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Deccan Chronicle Markets News

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    Sensex ends 362 points higher after RBI policy, Nifty tops 11,200

    Mumbai: Domestic equity benchmark Sensex surged 362 points on Thursday after the RBI left interest rates unchanged but maintained an accommodative stance to boost growth. After rallying 558 points during the day, the BSE Sensex ended 362.12 points or 0.96 per cent higher at 38,025.45. The broader NSE Nifty jumped 98.50 points or 0.89 per cent to 11,200.15. Tata Steel was the...

    • 6 days ago
  • Markets

    Oil struggles to hold five-month high amid growing demand fears

    MELBOURNE: Oil prices were unchanged on Thursday, struggling to hold onto five-month highs reached in the previous session, as fuel demand worries caused by a second wave of coronavirus infections outweighed declines in the U.S. dollar. U.S. West Texas Intermediate (WTI) crude futures were down 3 cents, or 0.1%, at $42.16 a barrel at 0148 GMT, while Brent crude futures rose 6 cents...

    • 7 days ago
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    Gold price rises to Rs 54,830, silver falls to Rs 66,855

    New Delhi: Gold prices rose by Rs 97 to Rs 54,830 per 10 gram in the national capital on Tuesday amid rupee depreciation, according to HDFC Securities. The precious metal had closed at Rs 54,733 per 10 gram on Monday. Silver prices were almost flat at Rs 66,855 per kg, marginally lower by Rs 5 from its previous closing price of Rs 66,860 per kg. "Spot gold prices for 24 carat in...

    • a week ago
  • Markets

    Indices extend loses for 4th day, Sensex plunges 667 points, Nifty below 10,900

    Mumbai: Slumping for the fourth straight session, equity benchmark Sensex plunged 667 points on Monday following a selloff in index-heavyweights Reliance Industries, HDFC twins and Kotak Bank as soaring COVID-19 cases kept investors jittery. The rupee too sank 20 paise and settled below the 75 per US dollar mark. The BSE Sensex ended 667.29 points or 1.77 per cent...

    • a week ago
  • Markets

    Six of 10 most valued companies lose Rs 1.38 lakh crore in m-cap; RIL top loser

    New Delhi: Six of the 10 most valued companies witnessed a combined erosion of Rs 1,38,839.83 crore in their market valuation last week with Reliance Industries and HDFC Bank emerging as major losers. During the last week, Sensex fell 522.01 points or 1.36 per cent. The market valuation of Reliance Industries Limited (RIL) plunged by Rs 50,239.78 crore to Rs...

    • 2 weeks ago
  • Markets

    Oil prices bounce back from 3-week lows

    TOKYO: Oil prices rose on Friday, recovering further ground after touching three-week lows in the previous session, hit by a record decline in U.S. growth as the coronavirus ravaged the world's biggest economy and oil consumer. Brent crude was up by 40 cents, or 0.9%, at $43.34 a barrel by 0204 GMT. On Thursday, Brent closed down 1.9% but had recovered much of the ground lost from the lowest level since...

    • 2 weeks ago
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    Sensex ends 422 points lower, Nifty at 11,200; RIL down 4%

    Mumbai: Equity benchmark Sensex plunged 422 points on Wednesday as profit-booking emerged in index heavyweights Reliance Industries and HDFC Bank. The BSE Sensex ended 421.82 points or 1.10 per cent lower at 38,071.13, while the NSE Nifty tumbled 97.70 points or 0.86 per cent to 11,202.85. Reliance Industries was the top loser in the Sensex pack, dropping nearly 4 per cent, followed...

    • 2 weeks ago
  • Markets

    Oil prices slip on demand worries as COVID-19 cases rise

    MELBOURNE: Oil prices dipped on Thursday as a surge of coronavirus infections around the globe raised fears a rebound in fuel demand would stutter just as major oil producers are set to raise output in August. U.S. West Texas Intermediate (WTI) crude futures fell 6 cents, or 0.2%, to $41.21 a barrel at 0130 GMT, while Brent crude futures lost 7 cents, also 0.2%, to $43.68 a barrel. Both...

    • 2 weeks ago
  • Markets

    Oil prices inch higher after sharp drop in US crude inventories

    TOKYO: Oil prices rose on Wednesday after an industry report showed that crude inventories in the United States decreased against expectations, giving the market a boost amid record increases of coronavirus infections in the U.S. and elsewhere. Brent crude LCOc1 was up by 24 cents, or 0.6%, at $43.46 a barrel by 0041 GMT, after dropping 0.4% on Tuesday. U.S. oil CLc1 gained 14...

    • 2 weeks ago
  • Markets

    Sensex rallies over 550 points, Nifty tops 11,300-mark

    Mumbai: The BSE benchmark Sensex surged over 558 points and the NSE Nifty topped the 11,300-mark on Tuesday, propelled by broad-based buying and firm cues from global markets. After opening above the key 38,000-level, the 30-share Sensex went on to touch the day's high of 38,555 in late-afternoon trade. It finally closed at 38,492.95, up 558.22 points or 1.47 per cent. Likewise, the NSE...

    • 2 weeks ago

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