Spot gold declined 0.2% to $2,466.69 per ounce, after reaching its top since August 2 earlier in the day.
LIC continues to grow faster on new business premiums, but it is the private insurers dominating policies sold
India’s headline inflation rate based on Consumer Price Index fell to a near five-year low of 3.54% in July from 5.08% a month before.
By the end of the trading session on August 12, the Sensex had dipped by 56.99 points, or 0.07%, closing at 79,648.92.
According to reports, BPCL is examining the land offer and may shortly decide on a single site.
India’s industrial production fell to 4.2% in June from a seven-month high of 5.9% a month ago
Global benchmark Brent crude futures were down 41 cents, or 0.5%, at $81.89 a barrel. U.S. West Texas Intermediate crude futures fell to $79.63 a barrel, down 43 cents or 0.5%.
The dollar was trading at 147.17 yen, after briefly reaching a one-week high of 148.23 overnight before profit-taking set in.
Here are some of the stocks that may see significant price movement today: Power Grid Corporation of India, Vodafone Idea, Marico, etc.
A good way to participate in the banking story in India is through a passive fund, and that is evident in longer term returns

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