* The BSE index was down 0.18 percent and the 50-share NSE index fell 0.28 percent. * Shares in Tata Motors fell 7.5 percent a day after the company said its unit Jaguar Land Rover (JLR) was likely to report lower EBITDA margin in the October-December quarter. * Reliance communication shares slid 3 percent a day after its consolidated net profit fell 44 percent, sharper-than-expected at 1.05 billion rupees for December quarter. * However, broader losses in indices were capped by gains in Oil and Natural Gas Corp Ltd that rose 3.5 percent as the oil ministry is expected to soon recommend a revision in local gas prices. Oil India gained 1.7 percent.
PRECIOUS-Gold hits two-month high on Trump policy uncertainty, dollar drop
* Spot gold hits best since Nov. 22 * Speculators raise gold longs for second straight week * Palladium hit highest since May 2015 in previous session (Updates prices, expands quote in seventh paragraph) By Arpan Varghese Jan 23 Gold prices rose on Monday to their highest in two months as investors sought safer assets amid uncertainty around the economic policies of new U.S. President Donald Trump and as the dollar declined against other major currencies. Spot g
EM ASIA FX-Asian currencies rise on uncertainty over Trump's fiscal policy
* Asian currencies rise broadly against the dollar * Trump's inaugural speech stresses 'America first' * Investors await more details on Trump's fiscal policy (Adds text, updates prices) By Masayuki Kitano SINGAPORE, Jan 23 Asian currencies rose on Monday as the dollar fell after U.S. President Donald Trump's inauguration speech disappointed some investors who were looking for more details on his plans for fiscal stimulus. Trump's first address as president on