GAIL Falls on Lower Crude Price

Sharemasterindia.com: Shares in Gail (India) fell 2.3 per cent on Thursday.
Brent crude remained below $65 per barrel, not far above five-year lows hit in the previous session.
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Rupee Falls to 62.17/Dollar; Profit-taking on Global Risk-Off

Sharemasterindia.com: The rupees fell to 62.17 per dollar against Wednesday’s close of 62.02 as risk aversion globally driving some profit-taking in the currency, say traders.
The Indian unit is approaching month’s low of 62.25 hit on December 1.
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Sensex Falls 250 Points, Nifty Below 8,300

Sharemasterindia.com: Indian stock markets tumbled after a flat start on Thursday with the BSE Sensex falling over 250 points or 0.8 per cent in morning trade. The broader Nifty slipped below the key 8,300 mark for the first time since November 7.
Thursday’s selloff came on the back of weakness in global sentiments. Most stock markets in Asia traded with deep cuts after the Dow fell over 200 points overnight. Global markets have been falling because of a crash in energy stocks, which are being weighed down by lower crude prices.
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Gold Climbs Towards 7-Week High as Dollar, Equities Slide

Singapore(Sharemasterindia.com): Gold edged towards a seven-week high on Thursday as a sell-off in global equities and the dollar burnished the metal’s safe-haven appeal, though weaker oil prices capped gains.
The dollar index fell for a fourth session in a row on strength in the yen, while Asian stocks eased on global growth concerns.
Gold is seen as an alternative investment to riskier assets such as equities. Weakness in the greenback also makes dollar-denominated bullion more attractive.
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