New Delhi | Jagran Business Desk: At Jagran English, we ensure you receive the latest financial news taking place in India or across the globe with key updates from equity markets, changes in price of key metals--gold and silver-- and fuel prices. Here we provide you complete coverage of domestic stock markets, mainly Nifty and Sensex and how the global markets, data release and how shares impact their growth. We will alos keep an eye on rising fuel prices-- petrol and gold.
Today, our main focus is on Sensex and Nifty that dropped by 162 points anad 2 points respectively as global investors turned risk-averse after the killing of a top Iranian general by the US fuelled fears of a geopolitical conflict on Friday. Brent crude futures had surged by 4.4 per cent to USD 69.16 per barrel as investors turned jittery on supply concerns.
Investors moved away from risky assets after top Iranian commander Qasem Soleimani was killed in a US strike in Iraq.
Here's how the markets fared today:
The BSE benchmark Sensex crashed by nearly 788 points and the NSE Nifty tumbled around 234 points on Monday as heightened tensions in the Middle East kept investors on edge. 30-share BSE index ended at 40,676 while broader Nifty closed at 11,993 points. Bajaj Finance was the top loser in the Sensex pack, dropping 4.63 per cent followed by followed by SBI, IndusInd Bank, Maruti, HDFC, Hero MotoCorp, Axis Bank, ICICI Bank and RIL. On the flipside, Titan and PowerGrid ended with gains.
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Sensex: 40,676 points
Nifty: 11,993 points
Brent crude surged by 2 per cent to USD 69.81 while upee depreciated 24 paise against the US dollar to 72.04.
Meanwhile, Gold prices in the national capital hit an all-time high level on Monday and zoomed Rs 720 to Rs 41,730 per 10 gram following a pick-up in safe-haven demand for the metal amid weak equities and bullish global trends, according to HDFC Securities.
Silver also witnessed increased buying as it surged Rs 1,105 to Rs 49,430 per kg from Rs 48,325 per kg in the previous trade.
Gold: Rs 41,730
Silver: Rs 49,430
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Here's how the markets opened today:
At 12.23 pm, Sensex was down by 652 points at 40,812 while Nifty shed 192 points at 12,034 amid rising tension between US and Iran. Earlier, at 9.06 am, the S&P Sensex was trading 162 points below at 41,464 points while NSE Nifty shed 56 points at 12,170 points.
Sensex: 41,464
Nifty: 12,170
In fuel prices, Petrol surged by 21 paise while Diesel gained 20 paise. The overall prices have surged by 93 paise and 70 paiserespectively.
Petrol per Litre:
Rs 75.75 in Delhi, Rs 78.33 in Kolkata, Rs 81.34 in Mumbai and Rs 78.7 in Chennai
Diesel per Litre:
Rs 72.63 in Delhi, Rs 72.07 in Mumbai, Rs 71.1 in Kolkata and Rs 68.74 in Delhi
In metal prices, Gold surged by 2.36 per cent while Silver gained 2.30 per cent.
Gold: Rs 41,059 per kg on MCX (Multi Commodity Exchange)
Silver: Rs 48,619 per 10 grams of pure gold
(with PTI inputs)