Sensex Nifty Ended 1% Down on Last Trading Day

On the last trading day of this week, Indian Stock Market ended up in loss around 1%. After a sudden fall in the morning the market couldn't recover the loss with all struggles and closed with major losses. Sensex closed at 25489.57 with the loss of 300.65 points and Nifty Closed at 7814.90 with the loss of 85.50 points. In Bse Sensex, Asian Paints, Tata Motors and ITC are the top gainers today, while Adani Ports, HUL, Bhel and HDFC are the top losers today. This week, Indian Rupee has received major losses. In the morning session, Rupee opened at 66.78 with the loss of 16 paise against the Dollar. Along with the India the whole Asian Market was under pressure for the whole day. Japanese Index Nikkei has received the loss of 234 points and Hong Kong Index Hang Seng has received the loss of 196.17 points, while other Asian Indexes have received minor losses.

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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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Long Term Investment in Equity Mutual Fund Direct Plans

After completing 3 years, Equity Mutual Fund's direct plans have delivered the expected returns with the extra cumulative growth rate of 0.9%. ICICI Prudential, SBI, HDFC, Birla Sun life and Reliance Asset Management are the top five domestic Equity Mutual Funds responsible for denying the Suzuki's Gujarat plant proposal. 

At the end this week, Domestic Market started with a boost but couldn't maintain its level for long. Bank, Auto and Commodity sectors are facing loss. Expert says, Recovery in Crude oil prices was somehow beneficial for the Indian Equity Market and most of the Midcap and Smallcap shares are rising up. On Friday morning, Rupee opened at 66.79 per Dollar by dropping 8 paise.

Intraday Equity Tips by Experts 

Buy RECLTD above 213.10 target 217.40 stop loss 210.95 

Buy TATASTEEL above 10.40 target 11.40 stop loss 9.80

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