Markets

Mumbai, Sept 24 - The BSE benchmark Sensex gained over 56 points in early trade today to fresh 14-month high on sustained buying by funds and retailers on expectations of more economic reforms by the government. The 30-share barometer added 56.25 points, or 0.30 per cent, to trade at 18,809.08, its highest level since July 2011, with stocks of power, FMCG, realty and IT sectors leading the rise. The index had gained almost 404 points on Friday.

New Delhi, Sept 21 - Both the precious metals, gold and silver, fell in the national capital today on sluggish demand at prevailing higher levels amid a weak global trend. While gold dropped by Rs 190 to Rs 32,310 per 10 grams, silver lost Rs 370 at Rs 61,630 per kg on reduced offtake by industrial units and stockists.

Mumbai, Sept 21 - The BSE benchmark Sensex today recovered by almost 149 points in early trade on buying by funds and retail investors after the government notified its decision to allow FDI in the multi-brand retail sector. The 30-share barometer, which had lost nearly 193 points in the past two sessions, recovered by 148.57 points, or 0.81 per cent, to 18,497.82 points with all the sectoral indices led by capital goods and realty, were trading in positive zone with gains up to 1.32 per cent.

Mumbai, Sep 20 - The Sensex today dropped by 147 points, its biggest fall in two weeks, as investors adopted a cautious stance amid political uncertainty and weak global stock market trends. The BSE benchmark index opened 203 points down at 18,292.22 in volatile trading. Brokers said sentiment was hit with Trinamool Congress announcing that it will withdraw ministers from the UPA government over the issue of FDI in retail, diesel price hike and cap on supply of LPG cylinders.

New Delhi, Sept 19 - Both gold and silver recovered in the bullion market here today on revival of buying for the wedding season amid firm global cues. Gold gained Rs 200 to Rs 32,500 per 10 grams and silver added Rs 500 to Rs 62,000 per kg. While gold had lost Rs 225 in the previous session yesterday, silver had dipped by Rs 400. Silver coins spurted by Rs 2,000 to Rs 78,000 for buying and Rs 79,000 for selling of 100 pieces on good demand for marriage season.

New Delhi, Sept 18- Gold declined by Rs 225 to Rs 32,300 per 10 grams in the bullion market here today, while silver slipped by Rs 400 to Rs 61,500 per kg on limited buying at higher levels. Traders said sentiment turned bearish after gold fell in global markets as a rally to a six-month high spurred some investors to sell the metal, while silver saw reduced offtake by industrial units and coin makers.