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Gold subdued ahead of Fed Chair speech, G20 summit

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  Spot gold inched 0.1 percent lower to $1,221.70 per ounce at 0337 GMT.  Gold prices inched lower on Tuesday while investors awaited clues on the pace of future US interest rate hikes and as the US-China trade spat sours ahead of a G20 summit. Spot gold inched 0.1 percent lower to $1,221.70 per ounce at 0337 GMT. US gold futures were little changed at $1,222.1 per ounce. Investors will hold steady until the minutes of the Federal Reserve meeting are released and more clarity emerges around the trade conflict leading into the G20 summit, said ANZ analyst Daniel Hynes. In an interview with the Wall Street Journal, US President Donald Trump said he expects to move ahead with raising tariffs on $200 billion in Chinese imports to 25 percent from the current 10 percent, and repeated his threat to slap tariffs on all remaining imports from Chin a. The comments ran counter to recent speculation about a possible deal when Trump meets with Chinese President Xi Jinp...
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Sensex gains 200 points, Nifty above 10,700; YES Bank slips 4%

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NEW DELHI: -   Positive global sentiment, due to hopes of a possible truce between the US and China on the trade war front, helped domestic equity benchmarks Sensex and Nifty open Wednesday's session in the positive territory.    White House economic adviser Larry Kudlow confirmed a dinner powwow between Trump and his Chinese counterpart Xi Jinping at the G20 gathering in Argentina. He also held open the possibility that the two countries would reach a trade deal, Reuters reported.  Investors now await Federal Reserve Chair Jerome Powell's speech on Wednesday for clues on future rate hikes by the central bank.  Sensex jumped nearly 200 points in early deals and Nifty hovered above 10,730 with buying in most sectors.   Around 9:30 am, the BSE Sensex was 172 points, or 0.48 percent up at 35,685, while Nifty was 32 points or 0.30 percent up at 10,717.  Midcaps and smallcaps were underperforming benchmark Sensex at that time.  ...
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Stocks move deeper into red zone, Sensex crashes 344 pts

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NEW DELHI:  The global stock market rout spread to local benchmark indices on Thursday as both Sensex and Nifty pushed into the deep red at the expiry of the October options and futures contracts.  The weakness in the domestic currency added to investors' misery.  The BSE Sensex closed the day at 33,690 , down 343.87 points, or 1.01 percent, while the NSE Nifty shut shop at 10,125, a loss of 99.85 points, or 0.98 percent.  Intraday, the NSE Nifty went below the crucial 10,100 marks and hit its lowest level since March 28.  On the 30-share Sensex, only six managed to settle with gains. Wipro was the best index performer, with gains of 3.30 percent, followed by Coal Indians 1.79 % , Kotak Mahindra Bank, Asian Paints, PowerGrid and M&M.  Barring the Nifty IT index, all major sectoral indices closed weak after a turbulent session. PSU Bank, pharma, realty, metals, media, and financial shares contributed to the overall pain.  BS...
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