Stocks in news Tata Steel | Sun Pharma | Wipro | Cairn | Vedanta | Motherson Sumi | Claris Life | Reliance Capital | Reliance Defence | Mahindra CIE | Coal India | Amtek Auto | Godfrey Phillips | Alok Industries | Gitanjali Gems | Nalco | Setco Auto | NHPC | Sicagen India and Nandan Denim are stocks, which are in the news today.
Currency Market News of 14th Sep 2016 The Indian rupee opened at two weeks low at 66.99 per dollar on Wednesday, down 7 paise against 66.92 Monday. We expect USD-INR pair to trade in the 67-67.50/dollar range in the near term The US dollar gained against the yen and riskier commodity currencies after the impact of dovish remarks from a top Federal Reserve official faded, boosting sentiment toward the greenback. OPENING BELL SENSEX DOWN - 8.05 @ 28345.49 , NIFTY FUTURE DOWN - 6.05 @ 8736.30, BANK NIFTY FUTURE UP + 5.00 @ 19900.00, USD/INR – 66.99.
Equity benchmarks started off Wednesday's trade on a flat note after seeing correction in previous two consecutive sessions. The Sensex was up 10.15 points at 28363.69 and the Nifty up 10.95 points at 8726.55. ICICI Bank, Sun Pharma, Reliance Industries, NTPC, SBI, Hindalco, BPCL and Yes Bank were early gainers while Coal India, Adani Ports, ITC, Tata Motors, HDFC, Zee Entertainment and Bharti Infratel lost ground. Latest Stock Market News with trading advice presents by Best Advisory Company. Call us at +91-7415033556. Asian markets were mostly lower in trade today following negative lead from Wall Street, with Shanghai down 0.6 percent as uncertainty over central banks' next moves spurred jitters.
Gold held on to its losses early on Wednesday after falling 0.6 percent the session before, with the dollar advancing versus the yen. FUNDAMENTALS Spot gold was down 0.1 percent at USD 1,316.90 an ounce by 0105 GMT.
US gold futures eased 0.1 percent to USD 1,321.90 an ounce. Latest gold updates about mcx commodity market with trading strategy and accurate mcx market tips on mobile by experts. The dollar stood atop sizeable gains versus the yen early on Wednesday. The greenback was up 0.3 percent at 102.82 yen, after touching a one-week high of 102.87. The 10-year US Treasury yield rose to a three-month high of 1.752 percent, having risen more than 20 basis points from a week ago. Holdings of SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, fell 0.47 percent to 935.49 tonnes on Tuesday.
MARKET REPORT Asian shares wallowed near six-week lows on Wednesday, bruised by a fall in oil prices on renewed worries about a supply glut. Oil prices dropped as much as 3 percent on Tuesday after both the world's energy watchdog and OPEC revised forecasts that signalled the global crude glut could persist for much longer than expected. INTERNATIONAL MARKET UPDATE
GOLD $ 1322.65 SILVER $ 18.947, COPPER $316.10, CRUDE OIL $ 45.11, INR 66.992.
MCX SUPPORT & RESISTANCE LEVEL GOLD JUNE FUTURE R2–31512, R1 -31310, S1-30650, S2-30450, SILVER JULY FUTURE R2 –46710, R1- 46412, S1-45101, S2-44790, CRUDE OIL JUNE FUTURE R2 –3100, R1-3150. S1-3000, S2-2960, COPPER JUNE FUTURE R2 –326, R1-321, S1-313, S2-307.