Gold Clings Above Four-Month Low on Euro

Manila(Sharemasterindia.com): Gold held above a four-month low early on Friday, spurred by a firmer euro on signs of progress in debt-hit Greece's efforts to secure fresh funding.

But bullion is still down so far for the week, its third in a row, as the Greek debt saga and China's equities rout failed to spark safe-haven bids.

Live: Sensex Jumps Over 150 Points, TCS Volatile Post Q1

Sharemasterindia.com 9:31 a.m.: Market expert Ambareesh Baliga says TCS Q1 was below expectations and things are slowing down in the IT space.

9:28 a.m.: Market expert Ajay Bagga says TCS numbers are below expectations. Margin compression has happened and attrition remains high.

9:25 a.m.: TCS shares were trading on a highly volatile note post first quarter results. The stock was trading flat at Rs 2,522 in trades so far, the stock touched high of Rs 2,600.00 and low of Rs 2,492.70.

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Manpasand Beverages Edges Higher After Weak Debut

Sharemasterindia.com: Shares of fruit drinks maker Manpasand Beverages ended higher on Thursday, reversing early losses. Making a tepid debut on the bourses, Manpasand Beverages opened at Rs 300 on NSE, down over 6 per cent from its issue price of Rs 320.

It fell nearly 11 per cent at its day's low of Rs 285.70. At day's high, it rose to Rs 342.60.

Dhirendra Singh, CMD of Manpasand Beverages, attributed the weak debut to market volatility. He defended the pricing of the issue, saying that otherwise the IPO would not have been fully subscribed.

Sensex Falls Over 100 Points on Selling in IT, Oil & Gas Stocks

Sharemasterindia.com 3:30 p.m.: The Sensex provisionally closed 85 points lower at 27,602 and the Nifty slipped 28 points to settle at 8,335.

3:25 p.m.: The capital goods stocks were witnessing buying. The BSE capital goods index surged 2 per cent; Suzlon Energy, BHEL, Larsen & Toubro, Mahindra CIE and Crompton Greaves were among the top gainers, up 1.7-6.2 per cent each.

3:16 p.m.: Oil & gas stocks extend losses; the BSE oil & gas index fell 2 per cent. BPCL, Indian Oil, HPCL and Oil India fall 2-5.5 per cent each.