Markets, gold, petrol, diesel price highlights: Sensex ends record-breaking run, cracks 330 pointshttps://indianexpress.com/article/business/sensex-nifty-markets-gold-petrol-diesel-price-today-rupee-live-updates-6102027/

Markets, gold, petrol, diesel price highlights: Sensex ends record-breaking run, cracks 330 points

Share Market, Gold, Petrol, Diesel Price/Rate Highlights: All that happened across equity, commodity and money markets during the week.

Markets, gold, petrol, diesel price today LIVE updates:
Markets, gold, petrol, diesel price highlights:.

Share Market, Gold, Petrol, Diesel Price/Rate Highlights: After two consecutive record-breaking sessions, the benchmark equity indices on the BSE and National Stock Exchange (NSE) ended nearly 1 per cent lower on Friday after Moody’s Investors Service cut its outlook on the Government of India’s ratings to ‘negative’ from ‘stable’.

The S&P BSE Sensex settled at 40,323.61, down 330.13 points or 0.82 per cent. For a brief period in afternoon trade, the 31-stock index had erased all its day’s losses and scaled a record intra-day peak of 40,749.33. The index was pulled down on Friday by information technology (IT) giants Tata Consultancy Services (TCS) and Infosys. Apart from these two, FMCG-major ITC and oil-to-telecom giant Reliance Industries (RIL) also contributed to Sensex’s fall on Friday.

The broader Nifty 50 index on NSE fell below 12,000-mark and settled at 11,908.15, down 103.90 points or 0.86 per cent.

On a week-on-week basis, S&P BSE Sensex rose 0.39 per cent while Nifty 50 gained 0.15 per cent.

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In the broader markets, the S&P BSE MidCap index settled at 14,731.11, down 117.08 points, down 0.79 per cent on Friday. The S&P BSE SmallCap fell 71.28 points or 0.53 per cent to end at 13,474.75.

Among sectors, the Nifty Pharma index on NSE was the worst performer on Friday as it declined 2.24 per cent weighed by Sun Pharmaceutical Industries and Glenmark Pharmaceuticals.

The rupee traded on a weak note in late afternoon session on Friday. The domestic currency was at 71.25 against the dollar, down from its previous close of 70.97 against the greenback.

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Markets, Gold, Petrol, Diesel Price Highlights: Follow this space to check the rupee value and the prices of gold, petrol and diesel in major parts of India.

Markets close on Friday

The S&P BSE Sensex settled at 40,323.61, down 330.13 points or 0.82 per cent. For a brief period in afternoon trade, the 31-stock index had erased all its day’s losses and scaled a record intra-day peak of 40,749.33. The broader Nifty 50 index on NSE fell below 12,000-mark and settled at 11,908.15, down 103.90 points or 0.86 per cent.

On a week-on-week basis, S&P BSE Sensex rose 0.39 per cent while Nifty 50 gained 0.15 per cent.

Amid profit slump, Suzuki no longer gung-ho about India’s auto market

Suzuki Motor Corp said it was no longer gung-ho about India’s auto market, the world’s fourth-largest, where it has seen relentless growth in the past seven years. And the parent of the country’s biggest car maker is not alone.

The Japanese automaker issued the warning after it reported a slump in quarterly profit this week on tumbling sales at its Indian unit, Maruti Suzuki, which accounts for half the number of cars sold in India. Click here to read the report

Gold prices slip up to Rs 171 per 10 gm, Silver falls nearly Rs 1,000 a kg

Prices of bullion declined in the early trade on Friday with silver falling nearly Rs 1,000 a kg.

The precious metal of 999 purity was priced at Rs 44,435 per kg, down Rs 995 from Rs 45,430 on Thusday, data published by the India Bullion and Jewellers Association (IBJA) showed.

Gold prices too slipped up to Rs 171 on Friday. The opening price of gold of 999 purity was Rs 38,171 per 10 grams, down Rs 171 from Thursday's closing price of Rs 38,342, while that of 995 purity gold was Rs 37,999, down Rs 170 from Rs 38,169 on Thursday, as per IBJA data.

SBI steeply slashes deposit rates; lowers lending rates marginally

State Bank of India has reduced its marginal cost of fund based lending rate (MCLR) by 5 basis points across all tenors, effective November 10, and sharply slashed the deposits pricing between 15 and 75 basis points.

With this reduction, the one year MCLR, to which most of its loan prices are linked, will come down to 8 per cent, the bank said in a statement. Click here to read the report

MSCI adds IGL, Info Edge to its India Index; deletes Vodafone Idea, Yes Bank, BHEL

MSCI, the world’s biggest index compiler, has added eight Indian stocks including HDFC Asset Management, Info Edge (India) and Indraprastha Gas Ltd to its India Index, while removing Vodafone Idea, Yes Bank and four others that have seen significant market capitalisation erosion this year.

Those added to the MSCI India Index include Berger Paints, DLF, HDFC Asset Management, ICICI Prudential Life, Indraprastha Gas Ltd, Info Edge (India), SBI Life Insurance Co and Siemens India. Click here to read the complete report

Petrol and Diesel prices on Friday

Noida:
Petrol- 74.48 per litre
Diesel- 66.15 per litre

Delhi:
Petrol- 72.70 per litre
Diesel- 65.84 per litre

Kolkata:
Petrol- 75.41 per litre
Diesel- 68.25 per litre

Lucknow:
Petrol- 74.36 per litre
Diesel- 66.02 per litre

Chennai:
Petrol- 75.55 per litre
Diesel- 69.59 per litre

Source: IOCL

Markets at Noon

Nifty Realty index up over 1.5 per cent

The Nifty Realty index on the National Stock Exchange (NSE) was trading over 1.7 per cent higher led by up to 6 per cent rise in the share prices of DLF, Indiabulls Real Estate and Brigade Enterprises.

Most of the realty stocks have been rising this week after the government approved setting up a special fund to provide last-mile funding to housing projects stuck across the country.

Sectoral indices on National Stock Exchange (NSE)

Among the sectoral indices on NSE, the Nifty Pharma index slipped nearly 1.3 per cent weighed by a fall in the share prices of Sun Pharmaceutical Industries and Cipla. The Nifty FMCG index too was down over 400 points or 1.23 per cent weighed by Godrej Consumer Products, Hindustan Unilever (HUL) and Tata Global Beverages.

Rupee check

The rupee opened on a cautious note and fell 30 paise to 71.27 against the dollar in early trade on Friday after Moody's changed its India rating outlook to negative citing lower economic growth.

Market check on Friday

At 10:09 am, the S&P BSE Sensex was down 83.64 points or 0.21 per cent at 40,570.10, while the broader Nifty 50 was at 11,989.35, down 22.70 points or 0.19 per cent.

Market at close on Thursday

The S&P BSE Sensex ended at a fresh closing high of 40,653.74, up 183.96 points or 0.45 per cent. The broader Nifty50 index too settled above 12,000-mark for the first time in five months, the 50-stock index settled at settled at 12,016.10, up 50.05 points or 0.42 per cent.

Gold prices gains up to Rs 116 per 10 gm, Silver up Rs 160 per kg

Bullion prices gained early on Thursday with gold prices rising by up to Rs 116 per 10 grams.

The opening price of gold of 999 purity was Rs 38,564 per 10 grams in the markets, up Rs 116 from Wednesday's closing price of Rs 38,448, while that of 995 purity gold was Rs 38,390, up Rs 115 from Rs 38,275 on Wednesday, according to data published by the India Bullion and Jewellers Association (IBJA).

Silver of 999 purity was at Rs 45,725 per kg, up Rs 160 from Wednesday's close of Rs 45,565, the IBJA data showed.

Have no interest in Air India: Qatar Airways CEO

Qatar Airways has no interest in buying a stake in Air India, the airline's CEO said on Thursday, according to a report by PTI.

Akbar Al Baker, the CEO of Qatar Airways added that he is interested in buying a stake in IndiGo but this is not the right time as issues among promoters are yet to be resolved. Click here to read the report.

Sitharaman’s real estate push may help stalled projects worth Rs 4.64 lakh crore

The special fund announced by Finance Minister Nirmala Sitharaman on Wednesday for the real estate sector is likely to benefit the debt-ridden sector, according to analysts.

The Union Cabinet on Wednesday had approved the setting up the Alternative Investment Fund for providing the last-mile funding to housing projects stuck across the country. Click here to read

Petrol and Diesel prices on Thursday

Noida:
Petrol- 74.41 per litre
Diesel- 66.06 per litre

Delhi:
Petrol- 72.60 per litre
Diesel- 65.75 per litre

Kolkata:
Petrol- 75.32 per litre
Diesel- 68.16 per litre

Lucknow:
Petrol- 74.28 per litre
Diesel- 65.93 per litre

Chennai:
Petrol- 75.45 per litre
Diesel- 69.50 per litre

Source: IOCL

IMF wants India to be more ‘transparent’ on fiscal data: Report

The International Monetary Fund (IMF) wants the central government in India to be more “transparent” on its data on fiscal numbers as it is a “laggard” in this area when compared to other member countries in the G20, news agency PTI has reported.

There needs to be a “credible fiscal consolidation” and a more ambitious one since the government has missed its budgeted fiscal targets in the past few years, the report said quoting a senior IMF official. Click here to read the report

Rupee check

The rupee is trading a tad weaker against the dollar in morning deals having breached 71-mark against the greenback. At 11:20 am, the domestic currency was trading at 71.03 against the greenback, down from its Wednesday's close of 70.98.

Nifty Realty index up over 1 per cent

Among the sectoral indices on the National Stock Exchange (NSE), the Nifty Realty index was the top gainer in early trade on Thursday, lifting over 1 per cent led by gains in the shares of Indiabulls Real Estate, Sobha and Oberoi Realty.

Market at open on Thursday

At 9:19 am, the S&P BSE Sensex was up 174 points or 0.43 per cent at 40,643, while the broader Nifty 50 was at 12,013, up 47 points or 0.39 per cent

Market at close on Wednesday

The S&P BSE Sensex ended at 40,469.78, up 221.55 points or 0.55 per cent. This is a new closing high for the 30-stock index. The broader Nifty50 index settled at 11,966.05, up 48.85 points or 0.41 per cent.

India on track to cut oil import dependence by 10 per cent by 2022: Dharmendra Pradhan

Petroleum Minister Dharmendra Pradhan has said the government is on track to meet the target of cutting India's oil import dependence by 10 per cent by 2022, news agency PTI has reported.

The government is focusing on increased use of bio-fuels and raising domestic crude oil and gas production to reduce imports. Pradhan said blending of ethanol in petrol has risen to 6 per cent at present and the blending would rise further to 10 per cent by 2022. Click here to read.

Gold prices slip over Rs 350 per 10 gm, Silver falls over Rs 1,100 per kg

Prices of gold fell by up to Rs 353 early trade on Wednesday. The opening price of gold of 999 purity was Rs 38,393 per 10 grams in the markets, down Rs 353 from Tuesday's closing price of Rs 38,746, while that of 995 purity gold was Rs 38,220, down Rs 352 from Rs 38,572 on Tuesday, according to data published by the India Bullion and Jewellers Association (IBJA).

Silver price also declined over Rs 1,100 on Wednesday. Silver of 999 purity was at Rs 45,427 per kg, down Rs 1,108 from Tuesday's close of Rs 46,535, the IBJA data showed.

Fitch raises India’s FY20 fiscal deficit forecast to 3.6 per cent of GDP

Fitch Solutions has raised India’s fiscal deficit forecast to 3.6 per cent of the GDP for the current financial year ending March 2020, from 3.4 per cent earlier, news agency PTI has reported.

Fitch said that it was revising the fiscal deficit forecast as the revenue collection is seen falling far short of the projections in the FY2019/20 Union Budget due to weak goods and services tax (GST) and corporate income tax collections. Click here to read the report

Petrol and Diesel prices on Wednesday

Noida:
Petrol- 74.41 per litre
Diesel- 66.06 per litre

Delhi:
Petrol- 72.60 per litre
Diesel- 65.75 per litre

Kolkata:
Petrol- 75.32 per litre
Diesel- 68.16 per litre

Lucknow:
Petrol- 74.28 per litre
Diesel- 65.93 per litre

Chennai:
Petrol- 75.45 per litre
Diesel- 69.50 per litre

Source: IOCL

SEBI chief says blockchain can transform trading

Sebi chief Ajay Tyagi on Tuesday urged stock exchanges to follow governance norms better than what they preach to listed companies. He also said that exchanges should not use their oligopolistic position to charge exorbitant and unreasonable fees from investors.

The capital markets regulator chief was addressing an event commemorating the silver jubilee of the National Stock Exchange (NSE), which has become a market leader since its inception and controls two-thirds of volumes by disrupting the 144-year-old BSE back with its electronic screen-based trading terminals in 1994. Click here to read the full report.

Punjab National Bank posts Rs 507 crore profit as provision eases

Punjab National Bank (PNB) on Tuesday reported a profit of Rs 507.06 crore for the second quarter ended September 30, aided by a reduction in provisioning for bad loans.

The public sector lender had posted a loss of Rs 4,532.35 crore in the corresponding July-September quarter last year. Click here to read the report.

Stock reaction:

(Image source: NSE)

Market at open on Wednesday

At 9:22 am, the S&P BSE Sensex was down 85 points or 0.21 per cent at 40,163, while the broader Nifty 50 was at 11,891, down 26 points or 0.22 per cent.

Market at close

The S&P BSE Sensex ended at 40,248, down 54 points or 0.13 per cent, while the broader Nifty50 index settled at 11,917, down 24 points or 0.20 per cent.

OPEC sees its oil market share shrinking

OPEC’s crude oil production and the production of other liquids is estimated to decline to 32.8 million barrels per day (bpd) by 2024, the oil-producing group said in its 2019 World Oil Outlook published on Tuesday. That compares with 35 million bpd in 2019, Reuters has reported. Click here to read.

Gold and Silver prices on Tuesday

Gold prices slipped by up to Rs 94 early trade on Tuesday. The opening price of gold of 999 purity was Rs 38,749 per 10 grams in the markets, down from Monday's closing price of Rs 38,825, while that of 995 purity gold was Rs 38,575, down from Rs 38,669, according to data published by the India Bullion and Jewellers Association (IBJA).

On the other hand, silver was at Rs 46,505 per kg, down Rs 210 from Monday's close of Rs 46,715, the IBJA data showed.

Mahindra recalls a batch of XUV300 units

Mahindra & Mahindra (M&M) said it is recalling a limited batch of XUV300 vehicles to fix a faulty suspension component. The proactive inspection and replacement of the component would be carried on a limited batch of compact SUV that were manufactured till May 19, 2019, PTI has reported. Click here to read.

The shares of M&M were down 1.28 per cent at Rs 578.95 apiece on the BSE in afternoon trade.

Petrol and Diesel prices on Tuesday

Noida:
Petrol- 74.41 per litre
Diesel- 66.06 per litre

Delhi:
Petrol- 72.60 per litre
Diesel- 65.75 per litre

Kolkata:
Petrol- 75.32 per litre
Diesel- 68.16 per litre

Lucknow:
Petrol- 74.28 per litre
Diesel- 65.93 per litre

Chennai:
Petrol- 75.45 per litre
Diesel- 69.50 per litre

IndiGo and Qatar Airways to make strategic announcement on Thursday

IndiGo and Qatar Airways will make a strategic business announcement on November 7, the two companies said in a statement on Tuesday, news agency Reuters reported on Tuesday. The news sent shares of Indian budget carrier higher by 3 per cent.

In the past, Qatar Airways has shown interest in investing in IndiGo but the Indian budget airline company has resisted. Click here to read the full report.

Shares of Yes Bank jump 9 per cent as Rakesh Jhunjhunwala buys stake

Shares of Yes Bank advanced nearly 9 per cent on Tuesday after ace investor Rakesh Jhunjhunwala bought approximately 1.3 crore shares of the company for around Rs 87 crore through open market transactions, news agency PTI reported.

The stock jumped 8.77 per cent to Rs 71.90 on the BSE. On the NSE, it zoomed 8.84 per cent to Rs 72. It was the top gainer on both Sensex and Nifty during early trade. Click here to read the entire report.

October services activity contracts for second consecutive month in India

Activity in India's services industry contracted for a second successive month in October due to muted demand, according to the Nikkei/IHS Markit Services Purchasing Managers' Index (PMI) released Tuesday.

According to the data, the October services PMI stood at 49.2 up from 48.7 in September. However, it remained below the 50-mark threshold separating contraction from growth, news agency Reuters has reported. Click here to read the report.

Sensex, Nifty trade flat in early deals on Tuesday

Both the S&P BSE Sensex and Nifty 50 were up 0.06 per cent each at 40,325 and 11,948 respectively in the early deals on Tuesday.

Among individual stocks, shares of YES Bank rose as much as 8.77 per cent to Rs 71.90 on the BSE in the early trade on Tuesday but trimmed some gains later. At 09:54 am, the stock of the private sector lender was at Rs 69.35, up 4.92 per cent.

Market at close

The S&P BSE Sensex ended at 40,301.96, up 136.93 points or 0.3 per cent, while the broader Nifty50 index settled at 11,945.15, up 54.55 points or 0.5 per cent.

Shares of HDFC, Infosys and Vedanta were among the top gainers on Sensex while automobile stocks such as Maruti Suzuki and Hero MotoCorp were the top losers. On Nifty 50 index, Bharti Infratel, JSW Steel and Bajaj Finserv were among the top gainers which settled up to 6.2 per cent higher.

Gold and Silver prices on Monday

Prices of gold slipped by up to Rs 72 early trade on Monday. The opening price of gold of 999 purity was Rs 38,784 per 10 grams in the markets, down from Friday's closing price of Rs 38,856, while that of 995 purity was Rs 38,629, down from Rs 38700, according to published by the India Bullion and Jewellers Association (IBJA).

Silver, on the other hand, was at Rs 46,670, down Rs 55 from Friday's close of Rs 46,725, the IBJA data showed.

Petrol and Diesel prices on Monday

Noida:
Petrol- 74.44 per litre
Diesel- 66.06 per litre


Delhi:
Petrol- 72.65 per litre
Diesel- 65.75 per litre

Kolkata:
Petrol- 75.37 per litre
Diesel- 68.16 per litre

Lucknow:
Petrol- 74.32 per litre
Diesel- 65.93 per litre

Chennai:
Petrol- 75.50 per litre
Diesel- 69.50 per litre