Friday, December 9, 2011

[Dec 09] Stocks, commodities, currencies continue to decline on negative sentiments

Goodreturns.in
Friday, December 09, 2011

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Stocks, commodities, currencies continue to decline on negative sentiments
Indian markets extended previous day's losses and fell further on Friday amid global concerns and weak investors sentiments. Globally, investors are pessimistic about the outcome of the EU summit.
Gold on a steady chair ahead of EU summit
Gold futures remained steady on Friday ahead of crucial two-day EU summit starting later in a day at Brussels. Gold slipped sharply on Thursday after ECB President, Mario Draghi suppressed hopes of availing funds to curb Euro zone crisis via IMF.
Revision in Post Office Savings Schemes
The Central Government has made some key changes to the Post office Small Savings Schemes. The revision in the Schemes and interest rates was in response to Reserve Bank of India (RBI’s) announcement on complete deregulation of savings banks deposit rates.
HDFC MF launches three fixed maturity plans
HDFC Mutual Fund has launched three new schemes named as HDFC FMP 370D December 2011 (2), HDFC FMP 92D December 2011 (2) and HDFC FMP 370D December 2011 (3) under HDFC Fixed Maturity Plans - Series XIX (close-ended income scheme).
American Depositary Receipts - What should you know?
Whenever we listen to any business channel, we normally find analysts discussing the price fluctuation of American Depositary Receipts (ADRs) of Indian companies.
Indices
Dec 09, 4:10 pm
16,213.46
-274.78
[-1.67%]
4,866.70
-76.95
[-1.56%]
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Currency Exchange Rates for INR
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