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Market Cues

Gold steady ahead of Fed meeting and U.S.-N.Korea summit

Spot gold was up 0.2 percent at $1,300.16 per ounce at 1345 GMT, drifting between positive and negative territory during the session.U.S. gold futures for August delivery added 0.1 percent to $1,304.50 per ounce.


India's petrol, diesel demand rise to record highs in May

Fuel consumption, a proxy for oil demand, totalled 18.72 million tonnes last month, during which diesel sales soared to 7.55 million tonnes and petrol consumption climbed to 2.46 million tonnes - the highest monthly sales figures in PPAC data going back to April 1998.


India May inflation likely hit a four-month high on oil price surge: Reuters poll

On June 6, the Reserve Bank of India (RBI) raised the repo rate for the first time since 2014, by 25 basis points to 6.25 percent, as recent data showed significant increases for both inflation and growth.


Friday Opening Bell Cues

The Nifty which started with a gap-up on Thursday reclaimed its crucial resistance level of 10,800 on an intraday basis but failed to close above the same.


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