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With rupee weakening against dollar Gold on the MCX is exhibiting a flat trend. Indian currency dropped by 23 paise to 53.10 against the dollar in early trade on Thursday.

The BSE Sensex fell more than 500 points and the NSE Nifty closed below the level of 8100 due to fall in rupee and global worries

With rupee gaining against the Dollar, gold prices on India's MCX is charting a positive trajectory. In the initial hours of the trade, MCX gold gained 0.14% to touch Rs.31083/10 grams.

With rupee gaining against the Dollar, gold prices on India's MCX is charting a positive trajectory. In the initial hours of the trade, MCX gold gained 0.14% to touch Rs.31083/10 grams.

Crude Oil Updates for Today :- Before the European summit the crude oil is being seemed on down side.Although the crude is getting support from the weakness in the rupee in the domestic market. Rupee today traded continuously on decline. Due to the fluctuation in the commodity market the crude oil is trading on upper side.

India, struggling with its rising current account deficit, may hike the import duty on gold for the third time this year in order to curb demand for the precious metal which accounts for a major portion of imports, according to industry experts who also expressed fear that further increase in tax would hurt sales in the festival season amid falling rupee.

Indian stock market witnessed a sharp decline on the first day of trading of this week today. On the Opening bell of Indian Equity market sensex fell to 1000 points. This is the largest decline in the index since June 16. while Nifty fell below 8000 levels and declined by over 250 points. Rupee also has gone beyond 66 against the US dollar. Things are so degraded that the central bank governor had to give a statement. Governor Raghuram Rajan said not to fear in investing.... Read more here- http://www.pinnaclefinancial.in/blog/sensex-fell-1000-nifty-tips-below-8000/

Indian stock market has been tremendously volatile in the 11 months of the current year 2018. The key equity indices Sensex & nifty have managed a post a return of 3-7 percent. Some factors kept the uncertainty alive amongst the market participants so far this year. Factors are as follows: US-China trade war. IL & FS debt crisis. Global sell-off. Crude oil prices. Depreciating Indian Rupee.

The announcement by the ECB President Mario Draghi that the central bank was read

The Indian rupee fell to its lowest in nearly a week on Thursday as a key ally of the country's ruling coalition withdrew its support, raising worries the government may roll back big ticket reforms such as the hike in diesel prices.

Banking Government sources indicate that the cabinet could take up bank recap proposal today seeking Rs 12,500 crores recap in public sector banks in FY13 including SBI, PNB, Union Bank, Central Bank and exemption from cabinet nod for bank recap till 2018 sought. Oil and Gas: The oil ministry has moved a cabinet note proposing Rs 3 to 4.5 rupee per litre hike in diesel prices and Rs 100 hike per cylinder of LPG. The ministry has also proposed to raised the subsidy cap on LPG from the current 6 cylinders per family to 9.... Get more news and updates here- http://onlinetradingttips.blogspot.com

Yes, NRIs can main­tain both Rupee and for­eign cur­rency accounts in India. RBI has autho­rised cer­tain banks for For­eign Cur­rency accounts for the NRIs.

Today is probably the first day of a meaningful correction after five or six or seven days of rally that we have seen and the broader markets have performed well as well. All Market were down today. As FIIs pared their holdings following depreciation of rupee to one-year low, equity benchmarks fell face down Today............... Read Full Story Here-

As we have predicted, Tuesday started on a promising note, but the market is still in loss but its covered the halfway as the Indian rupee depreciated and Europe behaved erratically. Nifty has covered the lose of previous session and Sensex rise more than 260 points in the first few hours of today's session (it had crashed 664 points in previous two sessions).................. Read More Here-

Highest Price of Gold in Indian History India gold prices surpassed the record it set on Wednesday by climbing Rs 130 per 10 grams to Rs 30,550 on Thursday as weak rupee continues to impact prices.Silver also advanced (today) on Thursday by Rs. 100 to Rs.

RBI launches New Digital Currency in India, in 2022, with an aim to provide an alternative to physical cash & develop the next-generation financial system of India.