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Sugar steady

Kolhapur, Mar 7 (UNI) The prices of M 30 and S 30 grades of sugar today remained steady at Rs 1370/1375 and Rs 1360/1365 per quintal respectively.

The rates in the Kolhapur gur market ranged between Rs 1300 and Rs 1900 per quintal.

May turmeric futures in the Sangli turmeric futures market today: opened Rs 2147, closed Rs 2144, high Rs 2150, low Rs 2140 and spot rate Rs 2300 per quintal.

UNI

Sensex plunge as investors adamant on selling

Mumbai, Mar 7 (UNI) The 30-scrip Sensex today plunged by 117.34 points at the Bombay Stock Exchange (BSE) to end in the red at 12,579.75 points from its previous close of 12,697.09, as a general negative sentiment ensured that selling adamantly refused to die down. ''The Sensex lost early gains as investors used every uptrend as an opportunity to sell,'' a broker lamented. On the other hand, the Nifty Index of the National Stock Exchange (NSE) too plummeted by 28.80 points,.....

Rupee opens inches up at 44.43/45 per USD

Mumbai, Mar 7 (UNI) The Indian Rupee inched up against the US dollar this morning at 44.43/45 against its previous day's close of 44.46/47 close as the stock market showed signs of stabilising after some sharp losses, but traders were wary of reading too much into the rise, dealers said. Later, the partially convertible Rupee was range bound of five to six paise and quoted between at 44.43 and 44.51 per dollar, stronger than yesterday's close of 44.46/47. All eyes.....

Call money ends higher at 5.50-5.60 pc

Mumbai, Mar 7 (UNI) Call money today closed at 5.50-5.60 per cent compared to its previous close of 5.00-5.25 per cent on ample funds in the local market, dealers said. The second leg of the cash reserve ratio hike coming into effect and bond auction outflows were the major triggers for the call rates moving up. Indian bonds ended steady on Wednesday, with traders cautious ahead of an auction on Friday and expectations the central bank would keep cash.....
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