Today again, there were all round losses in the Mumbai stock exchanges. The Bombay Stock Exchange’s benchmark index, Sensex closed at 14,662.6 down by 238 points. Nifty 50 closed at 4400.2, down by 66.4 points. In bullion market, gold is being quoted at Rs.11,430/10gm and silver was quoted at Rs.18,396/kg. Crude declines. Nymex crude was trading lower at around 103 US dollar a barrel and the US dollar was at Rs.45.
India has been ranked at the 31st position in the World Economic Forum’s first Financial Development Index topped by the US & UK.
Home sales shrinking in Mumbai: The city’s suburbs see housing sales fall by 14% from April through July this year.
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