Asia

Gold

Jewellery Firms Surge after RBI Eases Gold Import Norms

Shares in Titan Co Ltd(TITN.NS) surged on Thursday after the Reserve Bank of India (RBI) eased gold import rules by allowing seven more private agencies to ship the precious metal. The stock was trading up 10.2 percent as of 9:25 a.m. May 22, 2014
bse-closes-points-13-83-up-on-may-20

BSE closes points 13.83 up on May 20

New Delhi, May 20 (ANI): Trading at the Bombay Stock Exchange today closed 13.83 points up to stand at 24,376.88. At the National Stock Exchange the Nifty closed 11.95 points up to stand at 7,275.50. Gitanjali Gems and Unitech were among the top gainers of Group A with an increase of 19.97% and 14.85% along with MMTC and Suzlon Energy with an increase of 11.27% and 10.71% respectively, while the top losers of Group A include JPPOWER and Coal India with a decrease of 7.71% and 5.89% along with Power Finance and ONGC with a decrease of 4.78% and 3.96% at the close of the markets. The Auto sector is up 3.72 points at 14,250.49 while the banking sector is down 133.82 points at 17,304.26 and the realty sector is up 84.21 points at 1,800.68. The Indian currency is down 0.14% at Rs 58.67 per dollar. May 20, 2014
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Stocks soar on continued optimism after Modi win

Mumbai/ New Delhi, May 19 (ANI): Bombay Stock Exchange and Nifty were trading higher on Monday as optimism continued after Narendra Modi-led BJP won a majority in the country's elections. Although both indexes are well below the record highs hit on Friday, when the Nifty gained as much as 1.2 percent before pulling back, brokers continue to raise their targets for the year. Overseas investors bought Indian shares of worth 36.34 billion rupees ($615.6 million) on Friday, marking their biggest single-day purchase since March, provisional exchange data shows. In financial capital Mumbai, stock market expert Sunil Shah said the upcoming new government was fuelling the stock value to new highs. May 19, 2014
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BSE closes points 193.74 up on May 19

New Delhi, May 19 (ANI): Trading at the Bombay Stock Exchange today closed 193.74 points up to stand at 24,315.48. At the National Stock Exchange the Nifty closed 50.80 points up to stand at 7,253.05. JP POWER and MMTC were among the top gainers of Group A with an increase of 31.45% and 19.97% along with Suzlon Energy and JP INFRATEC with an increase of 19.95% and 19.90% respectively, while the top losers of Group A include Wockhardt and IPCA Lab with a decrease of 7.72% and 6.75% along with TCS and Dr Reddys Lab with a decrease of 6.38% and 5.77% at the close of the markets. The Auto sector is up 5.38 points at 14,236.00 while the banking sector is up 443.72 points at 17,438.08 and the realty sector is up 110.90 points at 1,716.47. The Indian currency is down 0.34% at Rs 58.59 per dollar. May 19, 2014
Gold

Gold Slips on Economic Optimism; Platinum Adds to Gains

Gold extended losses to a third straight session on Monday as U.S. data pointed to strong economic growth, while platinum group metals continued to add to gains on supply worries from South African labour strikes. May 19, 2014
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BSE closes points 216.14 up on May 16

New Delhi, May 16 (ANI): Trading at the Bombay Stock Exchange today closed 216.14 points up to stand at 24,102.52. At the National Stock Exchange the Nifty closed 79.85 points up to stand at 7,198.05. Indiabulls Real Estate and Sobha Dev were among the top gainers of Group A with an increase of 19.00% and 11.99% along with Punjab National Bank and Reliance Capital with an increase of 11.77% and 11.05% respectively, while the top losers of Group A include Financial Technology and Tata Steel with a decrease of 5.00% and 4.68% along with Dabur India and Cadila Health with a decrease of 3.83% and 3.64% at the close of the markets. The Auto sector is up 124.26 points at 14,230.62 while the banking sector is up 714.62 points at 16,994.36 and the realty sector is up 90.41 points at 1,605.57. The Indian currency is down 0.31% at Rs 58.98 per dollar. May 16, 2014
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Sensex crosses 25,000-mark, up 4.64% in early trade

Mumbai, May 16 (ANI): The BSE Sensex on Friday touched a life high of 25,033.36 in trade while the Nifty hit a new record high of 7,459.40, as early vote counts in the general elections showed the BJP led NDA leading. The partially convertible rupee was trading at 58.80 per dollar by 9:39am after hitting as much as 58.71. With billions of dollars at stake the outcome of the high-octane elections are critical to decide on investment decisions. May 16, 2014
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