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Gold snaps 2-day losing trend; up by Rs 110 on strong demand
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Gold today gained Rs 110 to Rs 28,640 per 10 grams, snapping a two-day losing trend on increased buying by stockists to meet demand for the ongoing marriage season
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Gold futures up on firm global cues
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Gold rose Rs 70 to Rs 28,148 per 10 grams at the futures trade today as speculators enlarged their positions in tandem with a firming global trend.
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Gold futures up at Rs 28,165 per 10 grams
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Gold prices rose Rs 106 to Rs 28,165 per 10 grams at the futures trade today as speculators enlarged their positions, taking positive cues from overseas markets.
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IPOs may make a comeback
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Will the current upswing in the markets bring good tidings for the IPO market? Though the New Year has started on a bright note for the markets
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Indian market rallies on global liquidity ease, value buying: CLSA
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Indian markets have moved up since December mainly on "partial easing of global liquidity conditions and value buying", CLSA has said in a report.
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Indian Metals Q3 net down 55% to Rs 13.16 cr
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Leading ferro chrome producer, Indian Metals and Ferro Alloys (IMFA) on Tuesday reported an over 55 per cent decline in net profit to Rs 13.16 crore for the quarter ended December 31, 2011.
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Gold futures down at Rs 27,477 per 10 grams
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Gold futures prices declined marginally by Rs 33 or 0.12 per cent to Rs 27,477 per 10 grams today, as speculators booked profits at existing levels amid a weakening trend in the Asian region.
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Silver bounces back on brisk buying support
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Silver staged a strong recovery by jumping Rs 3,100 to Rs 55,300 a kg today, on brisk buying by stockists and coin makers for the marriage season amid increased offtake by industrial units.
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Smartphones touch 6 pct of India phone market
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Smartphone shipments in India touched 10 million units in first eleven months of 2011, with sales in November crossing 1 million units for the third consecutive month pushing the booming segment to account 6 percent of the total market
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Silver futures up on firm global cues
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Tracking firming trend overseas, silver prices moved up by 0.31 per cent to Rs 55,738 per kg at the futures trading today.
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Silver, Gold soar
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The precious metals rallied today, as Silver surged with a huge gain of Rs 1,970 to Rs 55,110 per kg, a five-week-high, and Gold advanced by Rs 235 to Rs 27,480 per ten gm
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Silver futures up at Rs 53,600 per kg
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Silver shot up by 0.4 per cent to Rs 53,600 per kg at the futures trade today as speculators built-up fresh positions, taking positive cues from global markets.
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Gold futures up at Rs 27,399 per 10 grams
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Gold futures prices edged up by 0.19 per cent to 27,399 per 10 grams today, tracking a firming trend overseas as a weaker dollar raised the demand for the metal.
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Silver futures fall on global cues
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Silver futures traded 0.80 per cent lower at Rs 53,803 per kg today after speculators offloaded their holdings, taking weak cues from the global markets.
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Gold, copper seen rising on firm global markets
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Indian gold futures are likely to extend the previous session's gains on Tuesday morning, tracking a rise in the overseas markets, though a firm rupee is seen capping the upside.
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Copper futures up 0.56 pc on global cues
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Buoyed by a firming trend overseas and pick-up in spot demand, copper futures prices recovered by 0.56 per cent to Rs 413.90 per kg today
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Gold futures up on global cues
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Gold futures rose by 0.63 per cent to Rs 27,884 per 10 grams today as speculators created fresh positions on the back of a firming trend overseas.
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India gold, copper seen extending losses on global cues
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Indian gold futures are likely to extend the previous session's losses on Thursday morning, in line with a fall in the world market, which fell to a three month low, analysts said.
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Silver futures down on overseas cues
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Silver futures lost 0.15 per cent to Rs 53,836 per kg today, as speculators reduced their positions, tracking a weakening trend overseas on concern Europe’s debt crisis may escalate and weigh on global growth.
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Forex losses eat away cut nifty cos' profit by 8%
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The sharp depreciation of the rupee against the US dollar has resulted in foreign exchange losses worth Rs 4,800 crore for companies in the nifty index during the second quarter of 2011-12.
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Gold and silver touch all-time highs in 2011
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Continuing their record-breaking spree, gold and silver galloped to all-time highs in 2011 on strong demand for precious metals considered as a ‘safe-haven investment’ in times of economic turmoil and rising inflation.
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Gold futures down on subdued demand
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Gold futures fell marginally by 0.09 per cent to Rs 27,627 per 10 grams today, tracking a weak trend overseas on concern that an escalation of Europe’s debt crisis may weigh on global growth.
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Rising gold prices open new market for loans
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Harshad Chalke, a production manager with Accenture in Mumbai, urgently needed a bridge loan to buy a new flat.
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Right time to invest in stocks with good valuations
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“It's going to be a rocky road to recovery,” “The route is going to be torturous” and “It's only gloom for the first half of 2012” are some of the predictions that one comes across in reports from broking houses.
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Gold should form 10-15% of asset allocation: IDBI Mutual
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Gold should form an important part of asset allocation of every investor as it is a meaningful asset option especially in times of uncertainty, a top official of IDBI Asset Management Ltd said
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