Sensex ends 163 points higher; financial stocks rally



IndusInd Bank was the top gainer in the Sensex pack, rallying over 4 per cent, followed by SBI, Bajaj Finance, Bharti Airtel, Axis Bank, Sun Pharma, HDFC and PowerGrid.



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Customers hope for windfall, put off selling old gold



Forecasts of a further rise in bullion prices keep Indians away from selling gold.



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Sensex gains 84 points ahead of US Fed's rate decision



Yes Bank was the biggest gainer in the Sensex pack, soaring 6.04 per cent, followed by IndusInd Bank, Tata Steel, HeroMotoCorp, Sun Pharma, Bajaj Auto, Power Grid, Tata Motors, SBI and Kotak Bank that gained up to 5.32 per cent.



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High gold price hits demand in India



Because of the high prices, gold was trading at a huge discount to the cost of import as the demand was very thin, reports Rajesh Bhayani.



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Shaktikanta Das on how RBI handles crises



The central banks’ role is important, both during normal as well as crisis times. While mandates for the central banks broadly remain same during both the periods, weightage attached to competing objectives and the choice of policy instruments become crucial in the crisis periods, says the RBI governor.



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Gold jumps on US Fed's interest rate cut signal



Jewellery stores remained deserted as buyers deferred their non-essential purchases awaiting softness in gold prices.



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'We could see a small market rally post-May 23'



Brokerage Edelweiss Securities said if the NDA returns to power with a clear majority in line with exit polls, markets would rejoice the policy continuity.



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March may see highest overseas funds flow in 2 years



Experts say foreign investor sentiment was bolstered by the US Federal Reserve’s decision to go slow with interest rate hikes and hopes of political stability.



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