Commodity Market Updates with Live Gold Silver

Commodity Market made a nice opening in the morning trading session and has been moving up and down for the whole day. On Wednesday evening trade, Gold stands low due to the less demand in the Global Market, however Silver still standing in positive zone. With the loss of 252 points, Gold Live at 25576 level and with the hike of 64 points Silver Live at 33453 level. 

Today, Crude price got a bit pace and jumped into the positive zone.All due to the hike in Yuan based export in China . Currently, Crude oil Live at 2088 with the hike of 58 points. In base metals, Almost all commodities are trading in positive zone. In Ncdex, only Coriander, CastorSeed, Guar Seed and Maize and moving in the loss.

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Market Check 05 May 2015 Tuesday

05:37 pm- Kotak Mahindra Bank January-March quarterly Net Profit raised 29.48% to Rs 527 Crore. Bank Interest Income increased from Rs 967 crore to Rs 1123 crore. On YOY basis the growth in income from interest is 16.3%.

 

05:13 pm - Mentha oil is traded at Rs 1058 with gain of Rs 20 on Monday. In upcoming trading session Mentha oil price may reached to Rs 1120.

04:42 pm- SENSEX closed with slight decline on Tuesday trading session, SENSEX slipped 50 points and Nifty dropped 11 points. Bank and Auto index was down in today's trading session , while market got support due to buying of Commodity, Metal and Realty index. Read More... 

  
04:13 pm- Channa has taken upper circuit of 4% and its price reached above Rs 4370. Soyabean and Mustard is trading with 3% gain. Wheat price moved 1.25% higher, cotton price rise steadily and has been costly nearly 7%.

 

04:12 pm- Gold continues to fall, US non-form payroll data is going to declare this week, due to this Gold price has came to 1.5 low level in international market. Silver also traded under pressure. At MCX Gold June future is traded at 26782.00 down 0.32% and Silver May future is traded at 37032.00 down 0.26%.

 

01:55 pm- Investors can make more profit to invest in Housing Finance sector shares, this shares will give more than 20% return.

11:50 am- Market is moving ahead from slowness, SENSEX and Nifty gained 025%. Midcap and Small Cap shares are now in buying trend. CNX midcap index moved 0.75% up, and BSE Smallcap index gained 0.5%

11:12 am- Tata Power(May Future): Sell below 77.43 Target 76.76 stop loss 78.26.

  

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