“Gold continues to trade positive hovering around its six-week high amidst a fall in dollar index. Investors await minutes from the Federal Reserve’s December policy meeting that could offer hints on the US central bank’s tightening path,” Navneet Damani, Senior VP – Commodity Research at Motilal Oswal Financial Services said.
Meanwhile, Brent crude futures dived for a second straight session, to a two-week low, on growing concerns about weak global economic conditions hitting demand. [O/R]
The 30-share BSE Sensex closed down 636.75 points at 60657.45
The company’s clients include foreign, private, and public sector banks, and the end-user of its services include some of the largest e-commerce companies, retail chains, NBFCs, insurance firms, according to information available on the firm’s website.
The Nifty IT index closed 0.98 per cent down at 28677.8.
Option data suggests a broader trading range between 17,800 and 18,500 zones with an immediate trading range between 17,900 and 18,250 zones.
The 30-share BSE Sensex closed down 636.75 points at 60657.45
Bank Nifty also closed with a drop of over a percent led by selling in PSU Banking names. The index witnessed a false breakout on the upside early in the day but bears hammered it back lower.
Radiant Cash Management Services opened higher at Rs 103 against the issue price of Rs 94.
The troubled financial giant can find a way out of its debacles. Deutsche Bank is proving it can be done