News Overview

LIC continues to grow faster on new business premiums, but it is the private insurers dominating policies sold

The dollar was trading at 147.17 yen, after briefly reaching a one-week high of 148.23 overnight before profit-taking set in.

A good way to participate in the banking story in India is through a passive fund, and that is evident in longer term returns

Spot gold declined 0.2% to $2,466.69 per ounce, after reaching its top since August 2 earlier in the day.

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%.

Here are some of the stocks that may see significant price movement today: Power Grid Corporation of India, Vodafone Idea, Marico, etc.

India’s industrial production fell to 4.2% in June from a seven-month high of 5.9% a month ago

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.

The BSE Midcap index ended the session flat, while the Smallcap index managed to edge up by 0.5%.