| Markets hit 6-week low on global economic concerns
Markets ended in deep red for second consecutive session as global investors remained bearish on fears of economic recession .
Gold scales new peak at Rs 24,330 on domestic demand, global cues
Wholesale buying in India, the world's biggest consumer of bullion, is expected to gather pace ahead of a slew of festivals starting on August 13.
Yeddyurappa-backed candidate Sadanand Gowda elected new Karnataka CM
Reports say that 65 votes were in favour of Sadanand Gowda and 55 for Jagadish Shettar who was backed by state BJP chief KS Eshwarappa.
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