Duvvuri Subbarao, governor of RBI said that the central bank is watching the rupee, but could not say whether it will intervene in forex market directly.
Gold could test Rs 27,500 per 10 grams by December end, according to poll of 10 participants, which included SBI and Scotia Mocatta.
Under the new policy allowing foreign supermarkets in India the govt will have the first right to procure farm products, the trade minister said.
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| Market Round-up |
| 15695.43 | -163.06 |
| 4710.05 | -46.40 |
| 2141.54 | 17.78 |
| 10060.06 | 19.61 |
| 46.79 | -0.14 |
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