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Stock markets fall for 2nd day on weak global trends, fresh foreign fund outflows

Mumbai, Oct 14 (PTI) Benchmark stock indices Sensex and Nifty ended lower on Tuesday amid weak trends in Asian and European markets and fresh foreign fund outflows. Reversing its early gains, the 30-share BSE Sensex declined 297.07 points or 0.36 per cent to settle at 82,029.98. During the day, it dropped 545.43 points or 0.66 per cent to 81,781.62. The 50-share NSE Nifty went lower by 81.85 points or 0.32 per cent to 25,145.50. Bajaj Finance, Bharat Electronics, Tata Steel, Tata Consultancy Services, NTPC, Trent, Asian Paints and Axis Bank were the major laggards among Sensex stocks. However, Tech Mahindra,

Rupee falls 12 paise to revisit all-time low of 88.80 against US dollar

Mumbai, Oct 14 (PTI) The rupee depreciated 12 paise to revisit its all-time low of 88.80 (provisional) against the US dollar on Tuesday, weighed down by negative domestic equities and overnight gains in the American currency. Forex traders said foreign fund outflows amid a risk-off mode globally further dented investor sentiment. However, a decline in crude oil prices and reports of RBI intervention supported the local unit and restricted the slide. At the interbank foreign exchange, the rupee opened at 88.73 against the greenback and fell to an intraday low of 88.81 and a high of 88.73. It finally closed

Gold breaches Rs 1.3 lakh/10 g, silver hits Rs 1.85 lakh/kg amid festive rush

New Delhi, Oct 14 (PTI) Gold prices on Tuesday surged by Rs 2,850 to breach the Rs 1.3 lakh per 10 gram-mark for the first time in the national capital, driven by heavy festive buying by retailers and jewellers ahead of ‘Dhanteras’. According to the All India Sarafa Association, the precious metal of 99.9 per cent purity jumped Rs 2,850 to a record of Rs 1,30,800 per 10 grams (inclusive of all taxes) against the previous close of Rs 1,27,950. Gold of 99.5 per cent purity also advanced by Rs 2,850 to hit a new record of Rs 1,30,200 per

Gold hits record Rs 1.26 lakh/10g; silver crosses Rs 1.62 lakh/kg in futures trade amid global trade jitters

New Delhi, Oct 14 (PTI) Gold and silver prices on Tuesday scaled fresh record highs in the domestic futures trade, mirroring lifetime gains in the international markets as renewed US-China trade tensions and prospects of rate cuts by the US Federal Reserve bolstered safe-haven demand. On the Multi Commodity Exchange (MCX), gold futures for December delivery climbed Rs 2,301, or 1.84 per cent, to hit a new peak of Rs 1,26,930 per 10 grams. The February 2026 contract for the yellow metal also surged Rs 2,450, or 1.94 per cent, to touch a record of Rs 1,28,220 per 10 grams.

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