Stocks edged higher on Thursday, putting the benchmark S&P 500 index on track for its third straight advance after economic data pointed to gradual improvement in the economy.
Europe's banks borrowed nearly 490 billion from the European Central Bank at its first-ever offer of three-year loans on Wednesday.
Gold in recent months has lost its safe-haven allure, as the eurozone debt crisis squeezed dollar funding in the market, pushing up borrowing costs.
The Reserve Bank today said key fiscal deficit indicators have worsened during the current financial year on account of rising subsidies.
Signs of strength in the labour market and manufacturing sector, as well as higher quarterly profit from FedEx, pushed US stocks slightly higher on Thursday.
Gold today gained for the first day in four as the dollar's advance paused, boosting demand for the precious metal as an alternative investment.
US stocks fell on Wednesday with traders focused on a sliding euro and rising Italian bond yields as market anxiety over Europe persisted.
Gold dipped below the psychological Rs 29,000-level in the bullion market here today on sustained selling by stockists.
Signs the government may lack the will to further dismantle a protectionist legacy drove India-themed funds to the bottom of performance league tables in November.
US stocks rose modestly in choppy, low volume-trading on Tuesday, with concerns about Europe offsetting a jump in crude prices.
A European summit deal to strengthen budget discipline in the euro zone failed to restore financial market confidence on Monday.
Stocks fell on Monday on lingering concerns over a deal for economic integration in Europe and after Intel cut its revenue outlook.
Gold futures, which hit their lowest level in a week, are likely to extend losses following weak equity markets, while silver is likely to follow suit.
Stock market investors would not have to pay any service tax on any late payment charges paid by them to their brokers, provided such fines are shown separately in the account statement.
The IIP data will be announced on December 12, followed by November monthly inflation on December 14 and RBI monetary policy review on December 16.
Dubai had earlier this year exercised the option of restructuring to settle the debt issues of its flagship company Dubai World.
Gold today rallied to an all-time high of Rs 29,540 per 10 grams in the bullion market here by adding Rs 240.
China's annual rate of export growth slowed in November versus October, Vice Commerce Minister Chong Quan said on Wednesday.
Gold today declined one percent, a second day in a row as physical purchases slowed and investors awaited a summit of European leaders this week.
Spot gold edged up on Friday as investors bought the metal along with other risk assets.
On the domestic front, factors like comforting inflation data and the government's recent bold policy announcements are likely to act as a boost for the market.
Gold rose to its highest in two weeks on Thursday after a coordinated effort by the world's major central banks to unlock the credit markets.
Sentiments are positive after the Fed's action and the huge rally in Wall Street last night
The company said its board will meet on December 2 to consider a buy-back of equity shares.
Dealers said month-end dollar demand from importers and a lower opening in the equity market mainly weighed on the rupee sentiment
Shares of Coal India rose after television reports on Monday said the government has floated a cabinet note to consider buyback of shares in cash-rich public sector companies as a route to achieve the divestment targets.
The funds would be used to extend the company's footprint in the country's travel and hospitality sectors by setting up offices and travel lounges
It said the bank expects to grow at a slower rate in the current fiscal after the aggressive 81 percent loan growth in 2010-11.
The asset-sale proposal might be the only remaining option if it wants to avoid a lengthy court battle.
Standard Chartered wants to almost double its Singapore revenue to $3 billion over the next three years.