Gold Silver Reports (GSR) – The S&P BSE Sensex fell 0.3 percent or 115.37 points to 34,501.27 and the NSE Nifty 50 index declined 0.4 percent or 43.80 points to 10,570.55. India’s benchmark indices snapped their two-day winning streak dragged down by bank and metal stocks amid the weakening rupee which fell to a fresh 13-month low.
Gold Silver Reports (GSR) – Rupee Extends Losses, Hits Fresh 13-Month Low – Rupee extended decline against the U.S. dollar to hit fresh 13-month low. The local unit fell as much as 38 paise or 0.58 percent to 66.77 per U.S. dollar.
Gold Silver Reports (GSR) – Jute Product Makers Surge As Government Raises MSP – Shares of the jute product makers surged after the government raised minimum support prices for raw jute to Rs 3,700 per 100 kgs.
✅ Ludlow Jute & Specialties rose as much as 18.39 percent to Rs 103
✅ Cheviot rose as much as 5.68 percent to Rs 1,610
Gold Silver Reports (GSR) – Sensex, Nifty Struggle; HDFC Twins Weigh – Indian equity benchmarks were struggling dragged down by HDFC twins and ICICI Bank. However, the losses were capped as IT shares rose tracking weakness in Indian rupee against the U.S. dollar. The S&P BSE Sensex was trading 0.14 percent lower at 34,563 and the NSE Nifty 50 index fell 0.2 percent to 10,590.
Gold Silver Reports (GSR) – IT Index Rises Over 1.5% Tracking Rupee Weakness – Shares of IT companies were trading higher tracking weakness in Indian rupee against the U.S. dollar. Gauge of IT companies on the NSE — Nifty IT index rose 1.57 percent.
Gold Silver Reports (GSR) – Religare Enterprises Surges After Burmans Increase Stake In Company — Shares of the Delhi-based financial services company rose as much as 9.89 …