The stock market traded wonderfully on first day of the financial year 2015-16. The Sensex up by 302.65 points or 1.08 percent to 28260.14 and the Nifty rise 95.25 points or 1.12 percent to 8586.25.
Sun Pharma, Tata Motors, SBI, ICICI Bank, Hindalco Industries, PNB, IndusInd Bank, Yes Bank and Kotak Mahindra Bank beefed up 2-5 percent.
Gold prices got a support on Wednesday on information that demonstrated a superior than anticipated figure for China manufacturing in March and a general strong tone from information and overviews in Australia and Japan.
Crude oil prices on Wednesday regardless of U.S. industry information on oil inventories that demonstrated strong attract downs refined items and a superior than anticipated manufacturing review from HSBC on China.
BUY SILVER At 37125.00 T1- 37400.00, T2- 37600.00, T3- 37825.00 with SL- 36850.00
BUY GOLD At 26250.00 T1- 26350.00, T2- 26450.00, T3- 26500.00 with SL- 26175.00