| Automated trade check-up | | India’s market regulator revised guidelines for computer-based trading, providing for temporary suspension of brokers and higher fines to curb manipulation. | | WTI crude drops as US supplies gain | | West Texas Intermediate fell for a second day after industry data showed US inventories rose for a fourth week, the longest run of gains since February. China’s oil stockpiles climbed for a second month. | | Gold gains amid stimulus speculation | | Gold gained in London as speculation that the US Federal Reserve may signal the need for sustained stimulus countered further outflows from investor holdings. | | Stocks choppy ahead of testimony by Bernanke | | Markets were fairly choppy on Tuesday as investors were reluctant to push stock indexes up further ahead of a much-anticipated statement from US Federal Reserve chairman Ben Bernanke. | | Crude falls on concerns over QE scale back | | Brent oil futures fell towards $104 per barrel on Tuesday, on concerns that the US Federal Reserve might scale back its quantitative easing programme, which could damage fragile demand. | | Gold down 1% on firm greenback | | Gold, down in seven of its last eight sessions, was off by around one per cent on Tuesday morning on a firm dollar, weak technical signals and speculation that the US Federal Reserve might rein in its stimulus programme. | | Equities close at low of one week | | Indian shares tumbled for a second consecutive session on Tuesday hitting their lowest close in a week as recent outperforming blue-chips such as ITC fell on doubts about whether foreign investors will continue their strong buying so far. | |
