Asian Market Boosted up, Sensex Nifty Hold Early Gains with Gold Silver & Crude Oil

After a nice opening on Tuesday morning session, Sensex is hovering around 25798.51 with the hike of 145.28 points and Nifty is trading at 7907.20 with the gain of 46.45 points. ONGC Jumped up around 3% followed by Axis Bank, HCL, BPCL and GAIL all are up by more than 2%, While NTPC, HUL and Bank of Baroda have major losses. The Asian Market seems to getting stronger today. Straits Times is currently trading with the hike of 1.27% and Nikkei have gained 163.79 points. KOSPI and Shanghai Composite is moving with very minor losses.  

Along with the Stock Market, The Commodity Market is also performing good today. Currently, Gold Live at 29990 with the hike of 13 points, Silver Live at 41116 with the hike of 129 points and Crude oil Live at 3218 with the hike of 39 points. 

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Stock Market is Doing Good But NCDEX Commodity is Down

After a superb performance on Monday, the Indian Stock Market has given a nice opening on the Tuesday Morning Session. Both the top indexes are trading with minor hikes, Sensex Live at 25102.39 with the hike of 80.23 and Nifty Live at 7693.60 with the hike of 22.20 points. Except the Taiwan & Shanghai the other Asian Market is also performing good.

In Mcx Commodity Market, Gold, Silver and Lead is trading in negative zone whether all other Base Metals are up in the market. Currently, Gold Live at  29284 with the loss of 46 points, Silver Live at 37550 with the loss of 214 points and Crude Oil Live at 2676 with the hike of 10 points. In Ncdex Commodity Market, all the commodities are trading in negative zone except Soyabean, Ref soya oil and kapas contracts.

According to the reports of Central Food Technological Research Institute, all the Maggi samples were good and the amount of Lead in Maggi was within limitations. This clearance from CFTRI gave a big push to Nestle India Stock.

The board of Bharat Petroleum Corporation Limited has given the approval to increase the limit of Foreign Institutional Investment from 24% to 49% in the company. BPCL will buy the 26% stake of Petronet CCK Limited in 78.6 Rupees. The company stock is currently trading at 933.30 with the hike of 1.76%.

The stake of Birla Sun Life in Sun Life has been increased from 26% to 49%. Birla Sun Life has collected Rs 1664 crore after selling the 23% stake. After a big drop in January finally the company stock is recovering itself.

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Moday Commodity Updates, Mcx Ncdex Live

After the weekend off, however the Stock Market was closed for the whole Monday, but the Commodity Market has opened in evening. MCX Market opened wonderfully with some positive leads. Gold Live at 29874 with the hike of 108 points, Silver Live at 37893 with the hike of 91 points and Crude oil Live at 2462 with the hike of 57 points.

Other Base Metals are also performing average with minor hikes. Copper is trading at 340.45 hike 1.25, Aluminium at 107 hike 0.4, Lead at 127.1 hike 1.85, Zinc at 123.45 hike 0.2, Nickel at 634 hike 7, Natural Gas at 111.2 loss 0.8, Mentha Oil at 911.4 hike 3.5 points.

In NCDEX Commodities, Kapas Apr got hike of 1.78% and became Top NCDEX Gainer & Refined Soyaoil Oct has received the loss of 2.93% and became the Top NCDEX Loser today.

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Mcx Ncdex Live with Stock Market Closing Updates

Friday Morning opening wasn't quite impressive for Indian Stock Market, however Mcx made a surprisingly opening today. In the Future Trading, the Gold price has been hiked up by 149 rupees per 10 gram and went up above 30000. The whole day Indian Stock Market was moving up and down and lastly ended up in positive zone. Sensex closed at 24646.48 with the hike of 39.49 points and Nifty closed at 7485.35 with the hike of 9.75. 

In MCX Commodity Market, Gold Live at 29775 with the hike of 159 points, Silver Live at 37240 with the hike of 509 points and Crude oil live at 2336 with the loss of 1 point. In Base Metals, Copper at 334 gain 3.65, Aluminium at 106.15 loss 0.1, Lead at 124.1 hike 0.1, Zinc at 123.85, Nickel at 610.6 hike 4.5, Natural Gas 109.4 loss 2.3. Mentha Oil at 911 hike 3.1. 

After the fall of Cotton in Global Market, other NCDEX Commodities got also dragged downwards along with it. April Contract for 29 mm Cotton at 15850 loss 40, Barley at 1428 hike 14.5, Chana 4224 loss 32, Chana 2MT at 4232 loss 18, Cotton Seed Oilcake at 2141 loss 16, Guar Gum 5450 loss 40, Guar Seed 10 MT 3026 loss 2, Jeera 14150 hike 160, Kapas at 790.5 hike 6.5, Maize Industrial 1276 hike 15, MustardSeed at 3836 loss 20, Ref Soya Oil at 603.9 hike 0.3, Soyabean at 3674 loss 10, Turmeric 8872 loss 24, Wheat at 1542 loss 7 points.

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MCX Commodity Live with Stock Market Closing Updates

After the Budget, on the second day also market closed with big hikes. BSE Sensex has received the hike of 464 points and went up to the 24243. NSE Nifty went up to 7369 by rising 146 points. Indian Market paced up due to the updating done by RBI in Bank's State Revaluation Norms and the strong signs coming from Global Market. In Today's Trading Session, except FMCG and Pharma all other indexes have performed amazingly. The PSU Bank Index and Bank Nifty have hiked by 10% and 5% respectively. Auto Index paced up by 0.5% and Financial Services received 4% hike. 

In MCX Commodity Market, Silver is performing well and moving up with the hike of 155 points, but the scenario is not same with the Gold and Crude Oil. Currently, Gold Live at 29,160 with the loss of 66 points and Crude Oil Live at 2,295 with the loss of 48 points.

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Thursday Commodity Intraday Tips with Market Updates

On Thursday Trading Session, Rupee opened with the hike of 22 paise at 67.85 against the Dollar and this became possible due to the 1.5% drop in the Dollar Index on Wednesday. In Commodity market, Gold and Silver made a nice opening in the morning but couldn't maintain the leads for much longer. Although, Crude oil opened on an average level, but now moving up with high pace. Along with the crude oil, Base Metals also got the pace on and moving up. Currently, Gold Live at 27182 with the loss of 16 points, Silver Live at 35620 with the loss of 112 points and Crude oil Live at 2236 with the hike of 66 points. 

Expert Advice to Sell Aluminium Feb for below 104.85 for target 104 with stop loss 105.20 & Sell Gold Feb for below 27240 for target 27120 with stop loss 27285.

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Thursday Commodity Market with Intraday Tips

Thursday Forex Commodity Market opened with the 7 paise hike in Rupee against the Dollar & currently trading at 68.02. In Mcx Commodity Market, due to the increased domestic demand and strong global signs, price of Gold went up today. But now, Gold and Silver are moving in loss, although Crude oil is trading in positive zone. Presently, Gold Live at 34388 with the loss of 301 points, Silver Live at 34,383 with the loss of 306 points and Crude oil Live at 1928 with the hike of 9 points. In Base Metals, all commodities are moving with the red sign, however Natural Gas is moving up with green sign. 

Ncdex Commodity Market is going low and most of the Agri commodities are facing the big losses. Commodities like Cotton, CastorSeed, Chana, CottonSeed Oilcake, Jeera, Kapas, Maize, MustardSeed, Ref Soya oil, Soyabean, Sugar, Turmeric and Wheat are trading in negative zone and Barley, Coriander, Guargum & GuarSeed are trading in positive zone.

Expert Advice to Sell Copper Feb for Target 293.10 & Sell Silver Mar for Target 33850.

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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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