Business

The dollar index, which tracks the strength of the greenback against a basket of currencies, rose 0.1 per cent.

The country's top lender SBI, also announced an increase of 50 basis points in base rate earlier on Thursday.

However, investors are wary of a volatile European market and fragile US index futures.

S&P in particular is facing a tense relationship with Washington.

The debt crisis in the euro zone, which started in Greece, is spreading to Italy and Spain.

European shares reversed earlier losses and traded higher on Monday morning.

The precious metal for February delivery rose by Rs 560, or 2.21 per cent, to Rs 25,858 per 10 grams.

The Dow Jones industrial average ended the day up 61 points, or 0.5 per cent, at 11,444.68.

Sources said that they may be arrested under the PMLA if the investigations require.

The Sensex closed deep in the red at 18,109, down 205 points.

The new tariff structure has been announced for Delhi, Rajasthan, Gujarat, Andhra Pradesh, Kerala and Madhya Pradesh telecom circle.

The Sensex recovered as investors targeted oil and gas, realty, IT and FMCG sector stocks.

Oracle accused HP of perpetuating a "myth" that there is a 10-year roadmap for Itanium development.

Food inflation for the week ending June 11 had touched a two-and-a-half-month high of 9.13 per cent.

SBI's ALCO (asset liability committee) will be meeting this week to take a decision whether to hike rates or not.

Sensex tanked after reports emerged that govt might impose capital gain tax on investments routed through Mauritius.