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Snapping its two day rising streak, gold plunged by Rs 190 to Rs 27,075 per ten grams at the bullion market today, taking weak cues from global markets amid easing demand from jewellers at prevailing levels. However, silver advanced by Rs 15 to Rs 37,365 per kg on pickup in demand from industrial units and coin makers.
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The BSE 30-share Sensex settled 201.62 points or 0.75 per cent down at 26,838.14 — its lowest closing since October 14.
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The 50-issue NSE too continued its slide for the fourth session and lost 59.45 points or 0.73 per cent to close at 8,111.75. Intra-day, it dipped below the 8,100-mark to hit a low of 8,098.
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Tech giant Samsung Electronics Co Ltd on Thursday unveiled a 11.3 trillion won ($9.9 billion) share buyback after reporting its first on-year profit growth in two years thanks to strong component sales, pushing its shares sharply higher.
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Nestle India on Thursday announced that its net profit for the third quarter ended September 30, 2015 declined 60 per cent year-on-year to Rs 124.20 cr impacted by Maggi noodles controversy.
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State-run NTPC today posted around 40 per cent increase in net profit at Rs 2,898.28 crore for the second quarter ended on September 30 on account of higher power generation.
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Tyre maker MRF today reported a 45.38 per cent surge in its net profit at Rs 460.73 crore for the quarter ended September 30.
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Pakistan-based Lashker-e-Taiba terror group today suffered a setback when its top commander Abu Qasim, wanted in many terror strikes including this year's Udhampur attack on the BSF, was killed at a village in South Kashmir's Kulgam district.
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FMCG major Colgate Palmolive India today reported a 21.10 per cent rise in its net profit to Rs 156.93 crore for the second quarter ended September 30.
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The rupee today slumped by 38 paise to close at more than 3-week low of 65.31 against the American currency on month-end dollar demand from importers and some banks in view of firm greenback overseas.
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Indo-Africa summit.
