Today Indian Market News:
Date : 16.11.2011
Indian Shares to open lower, oil firms watched
Indian Shares fall 4th day: banks. Autos downIndian shares fell as much as 0.8 percent in early trade on Wednesday as investors digested a poor corporate results season in Asia's third-largest economy and remained cautious on a lack of definitive progress in resolving Europe's debt crisis. http://www.goldennifty.com
The Indian rupee recovered almost all early losses on Wednesday in tandem with slight recovery in euro and local shares, although the underlying mood is bearish given the worries on Europe's debt contagion and may limit support for rupee. http://www.goldennifty.com
Indian gold buyers waited for better bargains on Wednesday despite domestic prices coming off the previous day's peak in the middle of the wedding season. Gold prices edged down on Wednesday, tracking a lower euro on fears the euro zone debt crisis could spread to France, the bloc's second-largest economy, while Greece and Italy struggle to save their economies http://www.goldennifty.com
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