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The market has once again opened lower dragged by global concerns. The Nifty opened below 8500, down 14.45 points or 0.2 percent at 8499.55 and the Sensex is down 48.92 points or 0.2 percent at 27478.30. ONGC, Tata Motors, L&T, Axis Bank and Asian Paints are losers in the Sensex. BHEL is the only green stock in the Sensex. TradeIndia Research is the best investment advisory company provides best stock market recommendations. Hero Motocorp | TVS Motor | Ambuja Cements | Tech Mahindra | Upper Ganges | Indo Amines | Prime Urban Development | Premier Explosives | Shree Pushkar Chemicals | Lanco Infra | Aurobindo Pharma | Adani Power and JSW Energy are stocks, which are in the news today. Rupee to trade in range 66.55-66.85/USD
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SENSEX DOWN - 09.16 @ 27518.06, NIFTY FUTURE DOWN - 23.60 @ 8519.00, BANK NIFTY FUTURE DOWN - 24.65 @ 19275.00, USD/INR – 66.87.
Gold prices are lower on profit-taking but may continue to find support as the dollar is weak and safe haven demand high in the run up to the US elections. Free Commodity Tips GOLD DEC FUTURE R2–30981, R1 -30718, S1-30302, S2-30108,
SILVER DEC FUTURE R2 –44755,
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R1- 44275, S1-43085, S2-42601, Oil prices saw a sharp selloff yesterday as data showed a big jump in US inventories last week. Prices have however recovered in early trade today. Commodity Tips CRUDE OIL OCT FUTURE R2 –3185, R1-3130, S1-3000, S2-2940,
Base metals are mixed at the open but prices declined yesterday as a risk off sentiment prevailed in global markets. COPPER OCT FUTURE R2 –339,
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R1-334, S1-322, S2-316.
GOLD $ 1306.45. SILVER $ 18.627, COPPER $328.45, CRUDE OIL $ 45.75, INR 66.686. Read daily about commodity market updates by MCX HNI Tips blog.