All commodity prices move up

: Prices of urad dal, moong dal, gram dal, maida and sooji went up in the wholesale foodgrains market in the week that ended today.
Urad dal and moong dal went up by Rs 300 and Rs 100 per quintal each to Rs 11,800 and Rs 7,600 today from last week's closing rate of Rs 11,500 and Rs 7,500, respectively.
Gram dal increased by Rs 200 per quintal to Rs 10,200 on Monday from last week's closing rate of Rs 10,000 and went up to Rs 10,200 today. In addition, maida (90 kg) rose by Rs 100 to Rs 2,700 from its previous rate of Rs 2,600.

Thoor dal maintained the same rate throughout the week.
Sugar went up by Rs 200 to Rs 3,400 from Rs 3,200.
Meanwhile, foreign funds bought shares worth a net of

Rs 4,019.20 crore during the week as per Sebi's record including the provisional figure of September 30.
Asian shares tumbled on lingering concerns about future of German banking giant Deutsche Bank over its financial health.
Investors are also anxiously waiting for the upcoming monetary policy review on October 4, the first to be held under the new RBI Governor Urjit Patel.
In the broader market, the BSE Mid-Cap index lost 165.29 points or 1.24 per cent to settle at 13,166.68. The BSE Small- Cap index fell 178.10 points or 1.37 per cent to settle at 12,780.80. The fall in both these indices was lower than the Sensex's decline in percentage terms.

Among the S&P, BSE sector and industry indices, Power dropped 3.83 per cent, followed by Realty 3.73 per cent, Capital Goods 3.55 per cent, FMCG 3.26 per cent, Bankex 3.11 per cent, Healthcare 2.60 per cent, Auto 1.81 per cent, Consumer Durables 1.56 per cent, Metal 0.75 per cent, Tech 0.74 per cent, IT 0.68 per cent and Oil & Gas 0.49 per cent.
In the 30-share Sensex pack, 27 stocks fell, while remaining 3 gained during the week.
Major losers included, Bank stocks dropped ICICI Bank (7.17 per cent), Adani Ports (6.72 per cent), NTPC (5.38 per cent), Cipla (4.89 per cent), ITC (4.85 per cent), Sun Pharma (4.79 per cent), HUL (4.64 per cent), L&T (4.35 per cent), Bharti Airtel (4.09 per cent) and Tata Motors (3.36 per cent).

However, TCS rose by 1.25 per cent followed by Tata Steel 0.67 per cent and Power Grid 0.63 per cent.
Bullion: Gold witnessed selling pressure for the week on
subdued investors offtake as well as lower stockist and local buying interest restricted by international cues.
The yellow metal, still felt some buying at lower level during late two sessions, though it ended the week with losses.
However, at global level gold kept an eye on comments from Fed officials for clues on the pace interest-rate hike.
Silver also succumbed to heavy unwinding at the start of the week on speculative selling to revisit 45K from 47K, it managed to rebound toward the fag-end to regain the key 46k-level on industrial demand.

In worldwide trade, gold settled lower in volatile trade as safe-haven demand dwindled after stocks in major markets largely recovered from a sell-off on easing concerns about Deutsche bank.
In New York Comex trade, gold for delivery in December
declined to close at USD 1,317.10 an ounce from last weekend's level of USD 1,341.70 and silver for December moved down to USD 19.214 an ounce from USD 19.81 earlier.
On the domestic front, standard gold (99.5 purity) resumed lower at Rs 31,360 per 10 grams as compared to last Friday's closing value of Rs 31,420 and declined to low of Rs 31,080 before recovering modestly to close at Rs 31,200, revealing a loss of Rs 220 per 10 grams, or 0.70 per cent.

Similarly, pure gold (99.9 purity) also commenced lower at Rs 31,510 per 10 grams from previous closing level of Rs 31,570, and fell to a low of Rs 31,230 before finishing at Rs 31,350 showing a loss of Rs 220 per 10 grams, or 0.69 per cent.
Oils and Oilseeds: Edible oil, non-edibles drops,
while linseeds oil ruled stable at the wholesale oils and oilseeds market during the week under review.
Groundnut oil prices dropped, it traded sluggish during most of the week on subdued stockists and retailers demand, while witnessed some recovery during fag-end trade amid ample arrivals from producing belts.

Refined palmolein prices also fell following lack of retail buying support.
In non-edible segment, castorseeds bold and castoroil commercial witnessed listless trade and swung with mild gains and losses on the back of volatile demand from shippers and soap industries.
Linseed oil prices maintained a stable trend in the absence of any worthwhile buying activity.
In the edible segment, groundnut oil prices resumed lower at Rs 1,250, later, drifted to a low of Rs 1,190 before recovering to close at Rs 1,200 as against previous week's level of Rs 1,260 per 10 kg, showing a loss of Rs 60 per 10 kg.

Refined palmolein opened lower at Rs 621, later slid to finish at Rs 590 from the last weekend's level of Rs 625 per 10 kg, showing a fall of Rs 35 per 10 kg.
Among non-edibles, castorseed bold commenced lower at Rs 3,865 and later fell to conclude at Rs 3,775 from its previous weekend's level of Rs 3,890, showing a drop of Rs 115 per 100kg.
Castoroil commercial also opened lower at Rs 803, it also declined to end at Rs 785 from its last weekend level of Rs 808, showing a loss Rs 23 per 10 kg.
Forex: The rupee survived a near-term blow and found

itself on the front foot to regain strength at the end of a highly volatile week in which fears of war rhetoric threatened to shake Indian currency market sentiment.
Caught in the cross-fire, the home currency suffered its biggest single day fall in three-months - after the "Brexit" jolt - before rebounding to settle with a modest 4 paise gain at 66.61 against the US dollar during the week.
The local unit largely withstood a mid-week crash marred by simmering tensions between the two nuclear-armed rivals after the Indian Army conducted surgical strikes across LoC in Pakistan on Wednesday night, sending forex and stock markets into a tizzy.

Heavy unwinding of the American currency by exporters and banks and expectations of strong capital inflows coming into the country in the long-run against the backdrop of strong economic fundamentals predominantly helped rupee to stage a smart rebound, a forex dealer commented.
Suspected intervention move by the Reserve Bank through the state-run banks also aided the recovery momentum, according to currency traders.
A weak US dollar across the board also weighed in the market.
The rupee opened substantially weak at 66.75 from last Friday's closing value of 66.65 at the Interbank Foreign Exchange (forex) market.
But later it staged a solid rebound to hit a fresh high of 66.42 before retreating sharply to 66.92 following sudden bouts of dollar demand on fears that heightening tensions between India and Pakistan could bitter sentiment for foreign investors who have been pumping funds into the world's fastest emerging economy.

FIIs remained heavy net purchasers for the second
straight week and infused a net amount of USD 758.88 million as per Sebi's record despite market turmoil.
In the meantime, country's foreign exchange reserves increased by USD 1.166 billion to reach USD 370.766 billion for the week to September 23.
Fiscal deficit in the first five months of the current fiscal stood at Rs 4.08 lakh crore, which was 76.4 per cent of Budget estimates for 2016-17, government data showed on Friday.
In the forward market, premium for dollars continued to rule weak on the back of sustained receipts by exporters.

The benchmark six-month forward dollar premium payable in February 2017 declined to 157-159 paise from 160-162 paise and far-forward contracts maturing in August also edged down to 341-343 paise as against 342-344 paise last weekend.
The RBI fixed the reference rate for the USD at Rs 66.6596 and euro at Rs 74.7521 as against preceding week's level of Rs 66.6519 and Rs 74.6701, respectively.
In cross-currency trades, the rupee fell back against the pound sterling to finish at 86.41 from 86.39 earlier.
However, the home currency firmed up further against the euro to end at 74.40 as compared with 74.75 and recouped against the Japanese currency to settle at 65.83 from 66.13 per 100 yen.

In worldwide trade, the US dollar ended the week little changed in the currency market ahead of key US macro economic data including much-awaited non-farm payrolls amid limited volatility among most forex crosses.
Risk aversion triggered by Deutsche Bank, which was at the heart of the latest worries after its US-listed shares suffered a steep sell-off on Thursday following reports that some of its clients were pulling business from the lender even failed to push the US dollar to the upside.
The US dollar index, which measures the greenback's strength against a trade-weighted basket of six major currencies ended the week at 95.38.

Crude prices settled modestly lower as traders booked profits after recent rally, while posting their second straight monthly gain buoyed by OPEC plan to cut oil output for the first time since 2008 even as skepticism about the cartel's pledge grew after data suggested another record high in its production.