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RIP to the greatest mentor of Our Country....Dr.A.P.J Abdul Kalam

Gold tumbled Rs 250 to trade at four-month low of Rs 26,000 per ten grams at the bullion market today, tracking a weak global trend amid subdued demand from jewellers at domestic spot market.
Silver remained under selling pressure and fell by another Rs 250 to Rs 34,350 per kg on poor offtake by industrial units and coin makers. Signs of improving US economic growth further diminished the metal's appeal as a safe haven, easing demand from jewellers and retailers at domestic spot market and kept pressure on the prices.

Good Morning

The 30-scrip Sensex on Thursday was trading 23.89 points or 0.09 per cent down during the morning session.
The wider 50-scrip was also trading 9.65 points or 0.12 per cent down at 8,353.40 points.

The Closing News:

Sensex plunged 524 points to provisionally close at 27,648 and the Nifty slumped 158 points to settle at 8,353.Market analyst Rajesh Baheti says that Indian markets are technically in a healthy zone. Today's fall is due to contagion effect on Indian equities after the China's stock markets crashed.

Breaking News at this hour:

Sensex falls over 500 points,Nifty below 8,350,weighed down by losses in Vedanta, Hindalco and Tata Motors.

Brunch News Update:
Shanghai stock market tumbled over 8 per cent in trade on Wednesday as additional government moves failed to halt the decline. As a result of the sharp downward correction, at least 1,249 companies have halted trading on mainland Chinese exchanges, accounting for 43 percent of total listings, Bloomberg News reported. The free fall in Chinese stock markets may be signalling that a financial crisis graver than Greece may be on the horizon

Financial crisis looming? 5 reasons why Chinese markets cracked over 8% on Wednesday - The... Shanghai stock market tumbled over 8 per cent in trade on Wednesday as additional government moves failed to shore up the tumbling market.