Today, all round gains were witnessed in the Mumbai stock exchanges. The Bombay Stock Exchange’s benchmark index, Sensex closed at 14,564.5 up by 516 points. Nifty 50 closed at 4360, up by 146 points. In bullion market, gold is being quoted at Rs.11,886/10gm and silver was quoted at Rs.20,385/kg. Nymex crude is at 117 US dollar a barrel and the US dollar was at Rs.43.88.
India today concluded negotiations on a free trade agreement (FTA) with the Asean bloc, which will ensure lowering of duties and free flow of trade in goods. The agreement will create a market of over 1.5 billion people in the region.
ICICI’s Kalpana Morparia has joined global financial services major JP Morgan as Chief Executive for India operations.
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