Live Indian stock Market News By CapitalHeight

• The Sensex is down 231.71 points or 0.9 percent at 25654.91 and the Nifty is down 69.25 points or 0.9 percent at 7794.90. About 375 shares have advanced, 824 shares declined, and 57 shares are unchanged.
  
• The market has opened in deep red as the Sensex is down 125.99 points or 0.5 percent at 25760.63. The Nifty slips 46.95 points or 0.6 percent at 7817.20. About 227 shares have advanced, 399 shares declined, and 46 shares are unchanged.
• GAIL, BHEL, Vedanta, Infosys and SBI are major losers in the Sensex.
• Asian equities traded lower after Wall Street closed in the red as investors digested comments from the Fed and the European Central Bank (ECB).
• Federal Reserve chairman Janet Yellen said in a testimony before Congress that economic data since October backs the central bank's expectations of an improved job market.
• The Indian rupee opened lower by 30 paise at 66.95 per dollar against previous close of 66.65.
• The European Central Bank eased policy further on Thursday to fight stubbornly low inflation but kept much of its powder dry, disappointing high market expectations for greater stimulus.
• India is trying to persuade rich temples to deposit some of their gold hoards with banks to revive a plan to recycle tonnes of the precious metal and cut gold imports, sources said.
• India is the world's second biggest consumer of gold after China and the country's insatiable appetite meant imports of the precious metal accounted for 28 percent of India's trade deficit in the year ending March 2013.
• Trading range for the spot USD-INR pair is expected to be within 66.25-67/dollar levels today," he added.

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A finance ministry official said if banks fail to win over temples, the government could intervene directly as it is looking for a big boost to the scheme to keep both imports and the current account deficit under control. Money CapitalHeight Research Pvt. Ltd. Provides, Indian stock markrt, stock cash tips, Intraday trading tips on Equity and Commodity Market, Bullion Tips, please visit this site at www.capitalheight.com/about.php or call at +91 9993066624, 0731-6615050.