Silver prices fell by Rs to Rs 46, per kg in futures trade on Thursday as investors trimmed their positions amid subdued demand tracking weak trend overseas. Silver contracts for December delivery traded lower by Rs , or 0. Source: PTI.
Price as on 19 Sep, AM , Click on company names for their live prices. Hero MotoCorp on Thursday urged the government to consider a phase-wise reduction in GST on automobiles, cutting rates for two-wheelers in the first stage, and deferring tax cut on four-wheelers to a later stage.
Around 32 stocks fell to touch their week lows on NSE in Thursday's session. Zee Entertainment Enterprises fell about 3 per cent intraday on Thursday as an arbitrator asked its promoters to not sell any unpledged shares.
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The order exempts ZEE shares already pledged with non-banking finance companies and mutual funds but is likely to complicate matters for these lenders as they seek to recover their money. Vodafone Idea shares rose 16 per cent in early trade, after the telecom regulator issued a discussion paper on deferring the implementation of the zero interconnect usage charges IUC regime that was slated to kick in from January , saying that consumers are yet to migrate completely to data calls and that the imbalance in voice traffic between operators still exists.
At around Hopes that Trai will defer implementing the zero-IUC regime, which will ensure that the financially struggling telco stands to receive some revenue from interconnect fees in , compared with a scenario of no revenue on this account from January boosted the stock. The listing price was higher than analyst estimates of Rs to Rs 1, per share. At Sensex drops 80 pts, Nifty above 10,; rupee trades at Nifty futures on the Singapore Exchange were trading 6 points, or 0. Nifty50 on Wednesday failed to capitalise on early gains, as the index ended up forming a small bearish candle on the daily chart.
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The index respected the 10, level during the day, which should act as immediate support in the short term. A consolidation is likely in the coming sessions with a negative bias. Asian shares edged higher on Thursday, tracking some modest Wall Street gains after the US Federal Reserve cut interest rates as expected but offered mixed signals on the next easing, keeping investors cautious. Japan's Nikkei rose 0. The BOJ is widely expected to maintain its pledge to guide short-term interest rates at Investors will closely watch BOJ Governor Haruhiko Kuroda's post decision press conference to see how he assesses risks to Japan's economic outlook.
The US central bank cut its benchmark interest rate by 25 basis points to a target range of 1. But the Fed's policy committee was divided, with three of 10 voting members dissenting from the decision, one because he wanted even more stimulus, AFP reported.
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