At home, gold prices rise for the third week, as polls suggested chances of Republican Donald Trump in the US elections were better than ever. Crude prices, meanwhile, slumped 8 per cent overseas during this period.“Remember, people were really taken by surprise by Brexit result and they do not want a repeat. While the probability of a Trump win is relatively low, people just want to be cautious and positioned for the unexpected. In other words, the question would be whether Trump wins the race.“Well, markets do not like uncertainty. We will see a dollar down and the Yen up as the alternatively safe haven currency,” said Geoff Lewis at Manulife AM.A total of 1,096 BSE listed companies will be announcing their results during the week.

Source: Economic Times November 06, 2016 09:39 UTC