News about Stock Market Trading and Investment


Posted May 25, 2015 by vivekhello4

The Indian rupee has opened lower at 63.62 a dollar on Monday, down 10 paise compared to Friday’s closing value of 63.52 per dollar.

 
GLOBAL MARKETS ROUNDUP
The S&P BSE Sensex plunged as much as 130 points in trade on Monday, led by losses in ITC, HDFC, ICICI Bank, State Bank of India and Bharti Airtel.

The 50-share Nifty index also came under pressure which pushed the index below its crucial psychological support level of 8450, weighed down by losses in auto, banks, metal and FMCG stocks.

MARKET HIGHLIGHTS
Sensex: 27823.26, down 134.24 points.
Nifty: 8421.80, down 37.15 points
Top Gainers
Bharti Airtel: 1.4%;
ONGC: 1.0%
M&M: 0.5%
Top Losers
ITC LTD: (-2.0%)
Vedanta Ltd: (1.9%)
Tata Steel (-1.4%)

COMMODITIES
Gold was trading close to its lowest in over a week on Monday after Federal Reserve Chair Janet Yellen said the U.S. central bank was poised to hike interest rates this year and as the dollar strengthened to its highest in a month.

Spot gold had slipped 0.2 percent to $1,203 an ounce by 0032 GMT, close to $1,201.20, the metal's lowest since May 13 reached in the previous session.

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Last Updated May 25, 2015