Business, Market, 12th Jun 2018, News & Stories from India

Friday, May 03, 2024 | Last Update : 12:30 AM IST

Business Market 12 Jun 2018

Business, Market, 12 Jun 2018

The broader NSE Nifty scaled a high of 10,856.55 before closing up by 55.90 points, or 0.52 per cent, at 10,842.85.

Sensex climbs 209 points on global cues; macro data eyed

Sensex stayed in positive terrain throughout the session and hit a high of 35,743.08 before ending at 35,692.52.

12 Jun 2018 4:10 PM

Continuing its fall for the second straight day, gold prices drifted down by another Rs 150 to Rs 31,800 per 10 gram at the bullion market on Tuesday largely in tandem with a subdued trend overseas amid muted demand from local jewellers.

Gold stays weak on global cues, low demand

Silver reclaimed the Rs 41,000-mark by spurting Rs 1,110 to Rs 41,560.

12 Jun 2018 3:23 PM

Leading bourse BSE and its joint venture (JV) partner Ebix, a US-based insurance exchange, are awaiting approval from the IRDAI to start an insurance distribution exchange platform, and expect to launch it by the end of this year, a senior BSE official said.

Bombay Stock Exchange, Ebix plan to launch insurance platform

It will allow distribution outlets, brokers, advisors and financial institutions to sell insurance products.

12 Jun 2018 3:08 PM

Tokyo stocks gained on Tuesday, extending rallies on Wall Street as investors largely welcomed a historic summit between the United States and North Korea. (Photo: AFP)

Tokyo stocks close higher after US-North Korea summit

The first-ever summit between sitting leaders of the two foes went "better than anybody could have expected", said Trump.

12 Jun 2018 1:23 PM

Globally, gold fell 0.28 per cent to USD 1,296.30 an ounce in Singapore.

Gold futures fall Rs 96 on weak global cues

Gold is trading at Rs 31,401 per 10 grams in futures trade as participants scaled down their positions.

12 Jun 2018 11:06 AM

All the sectoral indices led by healthcare, consumer durables, oil and gas, banking and auto were in the green

Sensex rises 84 points, Nifty above 10,800

The NSE Nifty recaptured the key 10,800-level by rising 29.85 points, or 0.27 per cent, to 10,816.80.

12 Jun 2018 9:51 AM

Major currencies were mostly weak against the US dollar overseas as a historic US-North Korea summit got underway in Singapore. (Photo: PTI).

Rupee down by 10 paise against dollar in early trade

Rupee is trading at 67.52 against US dollar in early trade ahead of release of key IIP and inflation data.

12 Jun 2018 9:43 AM

Coinrail said hackers stole cryptocurrencies over the weekend including Pundi X, Aston and NPER.

Bitcoin at 2 month low after South Korean exchange hacked

Bitcoin was trading at USD 6,780 on Monday, down from more than USD 7,500 before the weekend.

12 Jun 2018 9:25 AM

OPEC, together with some non-OPEC producers including Russia, started withholding output in 2017 to end a global supply overhang and prop up prices.

Oil edges up on cautious optimism over Trump, Kim summit

Brent crude futures were trading at $76.56 per barrel at 0201, up 10 cents from their last close.

12 Jun 2018 8:51 AM

Shares of Avenue Supermarts got listed on bourses on March 21, 2017. Since listing, the stock has gained nearly 149 per cent.

Avenue Supermarts m-cap hits Rs 1L-crore

The company stands at 29th position in the overall m-cap ranking on BSE.

12 Jun 2018 7:06 AM

1 of 1

Columns

Sanjeev Ahluwalia