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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IFCI & Siti Cable News Updates with Intraday Tips

IFCI will reduct their stakes in Stake Holding Corporation of India and will sell all holdings in Asset Care & Reconstruction Enterprises. These Stocks seem very active today. 

Aditya Birla Chemicals has merged with Grasim Industries. These stock haven't shown any activity till now, but there are still possibilities for big movements. 

On Monday, RBI has increased the FII / RFPI investment limit to 49% in Siti Cable Network. This news brings sunshine for Siti Cable Stocks as they went up by 13% on Tuesday trading session. 

Expert says, this is a great opportunity to get bigger profit. Expert Advice to Buy IFCI Ltd for Target 29.44 & Buy Siti Cable for Target 39.70. 

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Indian Equity Market with Reliance Infra, Coal India and V Mart Retail News

Reliance Defense the subsidiary of Reliance Infrastructure is making an agreement to build four frigates in 30000 crore rupees with Russian company USC (United Shipbuilding Corporation). RELINFRA is currently leading by 1.94% with the major possibilities to jump high in Indian Equity Market.
Coal India agreed to buy 2000 coal from Railway wagons in 500 crore rupees. Expecting big movements in Coal India.
In V Mart Retail, RBI has increased the upper limit of FII investment by 49%. V Mart Retail is live at 562.50 and moving up with the hike of 15.01%.

Expert Recommend to Buy RELINFRA with the target of 476.28 and Buy V Mart Retail with the target of 575.71. 

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