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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 rupee fell by 24 paise to 53.80 against the dollar in early trade on Monday at the Interbank Foreign Exchange on month-end demand for the American currency from oil importers.

Escorts is currently trading at Rs. 66.25, up by 0.45 points or 0.68% from its previous closing of Rs. 65.80 on the BSE.

Muthoot Finance is currently trading at Rs. 182.10, up by 0.85 points or 0.47% from its previous closing of Rs. 181.25 on the BSE.

At the NCDEX, castor seed futures for October 2012 contract closed at Rs. 3,762 per quintal tonnes, down by 1.57 per cent, after opening at Rs. 3,800 against the previous closing price of Rs. 3,822. It touched the intra-day low of Rs. 3,761.

Crude oil futures fell in Asian trading on Monday after the International Energy Agency cut its forecast for global crude demand.

Bulls and bears are now faced off at the line of scrimmage. Bulls still have the ball, by dint of rising moving averages, the major indices within sprinting distance of new highs and constructive patterns still intact on the weekly charts.

The reference is to KFA founder Vijay Mallya's son Siddharth's tweet a few days ago where he said he was playing volleyball with women who were part of a Kingfisher calendar shoot. And that came even as KFA employees weren't paid their salary for the seventh month.

On the New York Mercantile Exchange, natural gas futures for delivery in November traded at USD3.386 per million British thermal units during European action, plunging 1.38%.

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Nifty Blog Providing Dailty Nifty Trends Nifty Tips, Nifty Futures Tips,Daily Nifty Trends, Nifty Levels for Today, Nifty Futures and Options Tips

Turmeric futures extended the gains for the third day on the back of strong buying support lead by strong fundamentals.

The rupee rose by 9 paise to trade at fresh two-week high of 55.27 against the US currency in early trade on Monday on persistent dollar selling by exporters and some banks.

Oilseeds complex slumped on the back weak US oilseeds, Malaysian Palm Oil futures amid weak Indian Soya meal exports and strong production estimations.

Gold futures are trading marginally higher in Asia electronic session today, however the range remained quite tight so far this week as the traders become cautious ahead of the FOMC meeting today.

Zinc futures for September 2012 contract, at MCX, were trading at Rs. 106.50 per kg, up by 1.28 per cent after opening at Rs. 105.30 against the previous closing price of Rs. 105.20. It touched the intra-day high of Rs. 106.85 till the trading.

Buoyancy is likely to continue in coriander futures on the heels of poor arrivals in major mandies coupled with concerns of weak coriander production in the current year.

At the NCDEX, castor seed futures for September 2012 contract closed at Rs. 3,572 per quintal tonnes, up by 0.9 per cent, after opening at Rs. 3,510 against the previous closing price of Rs. 3,540.

The commitment shown by European Central Bank (ECB) President, Mario Draghi, towards Euro polished the base metals on Thursday. Overall dull weak of metals