Gold Silver Reports (GSR) – In the national capital, gold of 99.9% and 99.5% purity advanced by ₹130 each to ₹30,970 and ₹30,820 per 10 grams, respectively. The precious metal had gained ₹40 in the last two days. Sovereign, however, remained unchanged at ₹24,700 per piece of eight grams.
Gold Silver Reports (GSR) – Hero MotoCorp Share Price Rises On June Sales, Motorcycle Price Hike – Shares of the Delhi-based two-wheeler maker rose as much as 2 percent to ₹ 3,485 after it reported June sales and hiked prices of its motorcycles and scooters to partially offset higher input costs.
Gold Silver Reports (GSR) – Vedanta Set For Its Longest Losing Streak In Over Three Months – Shares of the metal maker extended its decline for the seventh straight session today, its longest losing streak since March 9. The stock fell as much as 3.3 percent to hit a 52-week low at Rs 230.65 apiece.
Gold Silver Reports (GSR) – Markets Won’t Be Very Strong For Next 12 Months: Shiv Puri – Over next 12 months there is nothing much to expect from markets, Shiv Puri founder and managing director of TVF Capital Advisors told in an interview.
Gold Silver Reports (GSR) – Vedanta Declines Ahead Of Quarterly Results Announcement – Shares of the base metal producer extended declines for the second day and fell as much as 2.1 percent to Rs 277.35, ahead of its March quarter results announcement. Analysts surveyed by Bloomberg predict the company’s net profit to decline 13.7 percent on a yearly basis to Rs 2,579 crore.
Gold Silver Reports (GSR) – Hindalco, NALCO, Vedanta Slump As Aluminium Price Falls Most Since 2010 – Shares of Hindalco, Vedanta and NALCO fell as much as 9 percent after aluminium slumped 7 percent on London Metal Exchange, the most since 2010, following softening of the U.S. government’s stance on Russian sanctions.
Gold Silver Reports (GSR) – Metal Index Surges To Six-Week High Led By Hindalco, Vedanta — S&P BSE Metal Index surged as much as 4.15 percent to a 6-week high, best performer among 19 sector gauges. Aluminum and nickel led a surge in metals prices amid turmoil unleashed by U.S. sanctions against United Co. Rusal.