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Business news, sensex/NSE nifty and live stock quotes

It is gold and gold that has hit the headlines in many a business news section on web and other broadcasting mediums. Yes, gold futures scale fresh peak of Rs 28,347 per 10 grams on global economic slowdown. This has made the Indian economy richer by bn at present so far. Analysts have predicted of 1,000-tonne crossing of gold import by the end of this year. Other top business news are related to the performance of companies listed in the NSE nifty and BSE sensex not to mention currencies. On capital outflow concerns, the Indian rupee depreciated by 28 paise at Rs 46.02 against the US dollar (as of 22nd August early trade). It touched its weakest level in nearly nine months.

For several months at a stretch business news on the market has been of a mixed story, of ebb and flow. As per the latest market business news, BSE sensex and NSE nifty trading higher pre noon has now changed tracked. The realty sector has gone down by 1 percent not to mention IT, metals, banking and other sectors. Big buying is witnessed in these areas.

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There are several companies that are on the buzz of CBI raid. MphasiS has said that reports of a raid by the CBI at its premises are false. Volatility of the market has already taken a toll on the big companies but with CBI raids report hitting the news, these companies have witnessed downfall by marked percentage points. During the last two days, MphasiS fell by 13 percent because of the CBI related news.

To view the live stock quotes related to NSE BSE companies, visit the market section of a news portal. Live stock quotes let you know about the performances of the stocks; you can compare the rising and falling prices for the past several days and take a wise buying/selling decision. Well, the live stock quotes displayed two hours ago may not be the same now or after two hours. Those who are into short term trading should view the stock quotes every now and then.

Currently the NSE nifty is perched below the 5000 figure and the sensex hovering above 16000. According to market analysts both BSE sensex and NSE nifty are expected to witness further downtrends. If US would see a recession, the world market would be affected. But Obama says that US would see no second recession.

Business news, sensex/NSE nifty and live stock quotes