Hiring sentiment, Indian rupee, BSE Sensex, NSE Nifty, Gold price on April 28, 2014
Mon Apr 28 2014, 19:03 hrs
About 4-5 lakhs job opportunities are expected to be generated within the next two years in the major cities taking into account likely absorption of upcoming office space, according to global property consultant .
Here's a graphical presentation of crorepati candidates fighting for the Lok Sabha elections 2014. Nine phase Lok Sabha elections began on April 07 and will end on May 12, 2014. The results for the same will be declared on May 16.
Markets have seen strong rally in the recent past and factors such as global cues and Lok Sabha election results can have major impact on near term trend, said Nidhi Saraswat, Senior Research Analyst, Bonanza Portfolio. Asian stocks ended lower as investors weighed prospects of Russia coming under fresh sanctions over the Ukraine crisis.
The 30-share index resumed higher at 22,717.59 but moved in a narrow range before settling at 22,631.61, a loss of 56.46 points or 0.25 per cent from its previous close, recording losses for the second day in a row.
Indian rupee commenced slightly lower at 60.62 a dollar from last close of 60.60. It touched day's low of 60.76 on initial hesitancy in local stocks amid heavy month-end dollar demand from importers, mainly oil refiners.
Surrendering early trade gains, the rupee closed the day five paise lower at 60.65 against the dollar on sudden demand for the US currency from importers, mainly oil refiners. Weakness in local stocks also weighed on the rupee, while continued capital inflows and lower dollar overseas limited the rupee fall to a major extent, a forex dealer said.
Gold prices recovered by Rs 110 to Rs 30,730 per 10 grams in the national capital today on fresh buying by stockists for the marriage season amid a firm
global trend. Silver also rebounded by Rs 50 to Rs 43,300 per kg on increased offtake by industrial units.
The BSE Sensex today ended lower by over 56 points at one-week low of 22,631.61 on persistent selling by FIIs, mainly in capital goods, metal and FMCG scrips, amid weak global trends due to fresh tension mounting over Ukraine.