Gold Silver Reports (GSR) – Gold prices moved down by ₹ 55 to ₹ 31,595 per 10 grams on Tuesday, due to sluggish trend overseas amid slowing demand from local jewellers, reported PTI. Globally, gold prices hit its lowest in more than six months as a sell-off in global risk assets eased. Moreover, the metal remained under pressure from the prospect that rising US interest rates will further support the US dollar.
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Oil India Rises On Discovering Hydrocarbon Reserves In KG Basin
Gold Silver Reports (GSR) – Oil India Rises On Discovering Hydrocarbon Reserves In KG Basin – Shares of the Delhi-based oil explorer rose as much as 1.6 percent to Rs 211.75 after it made second hydrocarbon discovery in the on land KG Basin well Thanelanka-l in Andhra Pradesh.
Ratnamani Metals & Tubes Rises On Order Win
Gold Silver Reports (GSR) – Ratnamani Metals & Tubes Rises On Order Win – Shares of the Ahmedabad-based stainless-steel pipe maker rose as much as 2.9 percent to Rs 965.90 after it received order worth Rs 125.51 crore.
Info Edge Surges On Increasing Stake In PolicyBazaar
Gold Silver Reports (GSR) – Info Edge Surges On Increasing Stake In PolicyBazaar – Shares of the Noida-based internet based service provider rose as much as 10 percent, the most in nearly seven months, to Rs 1,287 after it increased stake in an online insurance startup PolicyBazaar.