Economy & Markets
Commodities & Forex
The BSE benchmark Sensex shot up 189 points to
end this week at 19,915.95 - after topping the 20,000mark on fresh buying by operators and investors
despite partial shutdown of the US government.
? The government's move to infuse funds to enable
PSU banks to offer cheaper retail loans was cheered
by investors. The rise in rupee value against the
dollar and sustained foreign capital inflows into equity
market boosted the sentiment.
?The market received a fillip after the current account
deficit (CAD under $70 billion) numbers came betterthan-expected helping investors to shrug off concerns
about the US government shutdown.
?The battered auto stocks gained on higher
September sales reported by Maruti Suzuki, Hero
MotoCorp and TVS, and also a Rs 3.05 a litre cut in
petrol prices, the first reduction in over five months.
Global Markets
30-Sep
7-Oct
? The key November soyoil contract at the end
of the week was 1.33 percent higher at 676
rupees per 10 kg, while the rapeseed contract
for November edged up 0.42 percent to 3,557
rupees per 100 kg.
? The
Forward Markets Commission has
banned group entities and associate concerns
of the National Spot Exchange Ltd (NSEL) and
its parent Financial Technologies (India)
Ltd(FTIL) from participating in auctions of
commodities and assets.
Price
30-Sep
7-Oct
Change
? / USD-
62.91
61.60
-2.08%
Crude ($)
101.59
103.15
1.53%
MCX Gold (?)
30,185
29,738
-1.48%
Silver (?)
48,850
48,137
-1.45%
USA
Dow Jones
15,129
14,936
-1.27%
NASDAQ
3,771
3,770
0.00%
Europe
Change
FTSE 100
6,462
6,437
-0.33%
DAX
8,594
8,591
0.00%
Asia
Index
?MCX revealed that it t has diluted its stake to
3.4 per cent from the existing 5 per cent in the
Dubai Gold and Commodities Exchange
(DGCX)
through
rights
issue
option.
Consequently, the shares of MCX rose by 4.58
per cent to Rs 399.9 a piece on the BSE at
1300 hours.
Hang Seng
22,859
22,946
0.38%
Nikkei 225
14455
13,853
-4.16%
30 Oct
6 Sept
Crude: per barrel | Gold: per 10 g | Silver: per kg