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Thursday 12 March 2015

Stock and Commodity Market Updates


Supported by IMF's sure stance on India, the Stock Market made some savvy picks up today. The Market wound up 271.24 points or 0.9 percent at 28930.41 and the Nifty was up 76.05 points or 0.9 percent at 8776.00. 

The Government may build a did separate Ministry for the pharmaceuticals part, which would contain all divisions that arrangement with issues identified with the business. "For the benefit of end user, the user and considering the span of industry , there ought to be a separate Pharma Ministry. 

Top Gainers - Sesa Sterlite, NTPC, Hindalco, Sun Pharma and BHEL 

Top Losers - Dr Reddy's Labs, M&M, Coal India, Bajaj Auto and HUL. 


India's shoppers inflation most likely edged up in February for the third straight month, underscoring the danger of a bounce back in inflationary weights if fuel and nourishment costs get. 

Gold organized a gentle rebound on Thursday as ordinary interest streams in China and India for physical gold were looked at after late sharp dips. 

Gold future costs fell for the eighth sequential day on Wednesday as costs neared an one-year low in the midst of proceeding with reasons for alarm of an investment rate climb by the U.S. Central bank. 

MCX silver declined by 648 focuses in yesterday's session. Cost opened at 35846 and stayed in negative pattern to test low of 35557 levels. In today's session so far cost is around 218 points. 


1. BUY SILVER Above 35300.00 T1- 35600.00, T2- 35900.00, T3- 36500.00 with SL- 34700.00 

2. BUY GOLD Above 25700.00 T1- 25800.00, T2- 25900.00, T3- 26200.00 with SL- 25300.00 

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