Rupee Expected To Open Lower Around 66.15 Per Dollar

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Gold Silver Reports (GSR) – Rupee Expected To Open Lower Around 66.15 Per Dollar — India government bonds were supported on Friday by a category of investors classified as “others” which bought a record amount of debt. Now other categories include the central bank itself and also insurance companies.       

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Stocks To Watch: Axis Bank, Bharti Infratel, Cipla, Reliance, LIC Housing

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Gold Silver Reports (GSR) – Stocks To Watch: Axis Bank, Bharti Infratel, Cipla, Reliance, LIC Housing – The Singapore-traded SGX Nifty, an early indicator of NSE Nifty 50 Index’s performance in India, fell 0.5 percent to 10,554 as of 7:20 a.m. Asian stocks had a mixed start Monday, with investors continuing to assess the outlook for trade discussions and geopolitical tensions. Equity benchmarks rose in Sydney, while those in Tokyo and Seoul were little changed.

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Aluminum Stash Visible From Space Turned to Gold for Trader

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Gold bulls Remain

Gold Silver Reports (GSR) – Aluminum Stash Visible From Space Turned to Gold for Trader — Castleton has started selling down its aluminum stash, which at its peak held about 500,000 metric tons of the metal, according to people familiar with the matter. That would be worth about $1.5 billion at today’s prices.

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India’s Biggest E-Commerce Flipkart Needs Walmart to contend with Amazon; Incredible Patience and lots of Capital

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Flipkart Deal: Tax Department Will Act Once Walmart Obtains Regulatory Nod

Gold Silver Reports (GSR) – India’s Biggest E-Commerce Flipkart Needs Walmart to contend with Amazon; Incredible Patience and lots of Capital. An acquisition by Walmart will give the Indian unicorn a “second life”, he told BloombergQuint in an interview. “Head to head, Flipkart has no chance to get Amazon. Over time, Amazon would have outlasted them.”                           

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