Gold Silver Reports (GSR) – Fuel Prices Raised For Tenth Day In A Row – State-run oil marketers hiked petrol and diesel prices for the tenth day in a row. The price of petrol was hiked by 29 paise today to Rs 84.9 a litre in Mumbai and diesel was raised by 28 paise to Rs 72.76 a litre, according to data released by Indian Oil Corporation Ltd.
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Indian equity benchmarks edged lower dragged by metal stocks. However, the losses were capped as IT shares moved higher after rupee hit fresh 16-month low against the U.S. dollar. The S&P BSE Sensex was little changed at 34,640 and the NSE Nifty 50 index fell 0.12 percent to 10,524.
