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Gold consolidated yesterday and look to get support after volatile trade in the previous session, but gains could be capped by a firm euro following better-than-forecast debt auctions by Spain and Italy, which eased fears about the debt crisis in Europe. Gold opened slightly lower at 20415 and traded in the range and test the intraday high of 20514 after poor jobs data. Profit taking as the dollar softened coupled with declines in equities saw the metal reach an intraday low of 20375 and setteled at 20438. Now technically market is trading in the range as RSI for 18days is currently indicating 49, where as 50DMA is at

After a bombed film like Tees Maar Khan, which turned out to be one of the sloppiest movies of 2010, and which even 'Sheila Ki Jawani' could not save, it is obvious that director Farah Khan will be in shock. But hold on. The director is not in shock due to the bombing of her film. We learn that the director has recently said in an interview that her movie has gone on to be a hit!

Can you do anything but laugh out loud? The director has said that the movie, contrary to box-office reports is a hit. Much has been talked about the brewing friendship between Salman Khan and Farah over the past one month.

Katie Holmes has got some exciting new from her end. She will be taking a place which has just been vacated by none other than Heidi Klum. Where? On the pages of some of the best magazines. For what? For the Ann Taylor line! Katie has already done some interesting shoots for the line’s upcoming spring collection. The images for these have not been shared yet.

Technical analyst Rakesh Bansal of New Age Wealth has maintained 'sell' rating on Steel Authority of India Limited stock with a target that lies between Rs 144-140.

According to analyst, the investors can sell the stock with a stop loss of Rs 178

Mr. Bansal added that it is better to sell the stock at this time as it looks weak.

He also said that the interested investors can buy the stock again on declines for medium or long term.

Today, the stock of the company opened at Rs 167.25 on the Bombay Stock Exchange (BSE).

Indian bourses continued to fall for the second successive day on Friday.

At 10.30 am, the 30-share benchmark index, BSE Sensex stood at 19,059.90 after shedding 122.92 points (0.64%) with 23 components in the red.

In the meantime, the broad-based Nifty remained down by 35.60 points (0.62%) to trade at 5,716.30 with 39 components declining.

Today, the Sensex opened the day on a flat note after recording a gain of 15.22 points (0.08%) at 19,198.04, whereas the NSE Nifty started flat with a gain of 0.20 points at 5,752.10.

Sooran, the highly anticipated flick directed by Balu Narayanan is making huge waves. With Sooran, Balu has promised to present Chennai from a completely different perspective. Let’s hope Balu succeeds in throwing a new light on Chennai. Mr. Director will leave the usual posh Chennai with tall buildings, hoardings and star hotels behind and focus on the northern part, which is not full of riches and swanky hangouts but nonetheless an integral part of the city.