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Wednesday, 18 May 2016

Indian Stock Market Sliding Down-Latest Updates

Indian Stock Market Sliding Down-Latest Updates

Increase in interest rates in America, global market is sliding downwards. With drop down of 200 points Sensex slided to 25,550 points and Nifty slided down to 7831 with drop down of 60 points. Top gainers of NSE and BSE includes ONGC, Lupin, SBI, and Larsen. Top losers of NSE and BSE are TATA Motors, Maruti Suzuki, BHEL and Hero Motocorp. According to the experts, investing in stocks of Voltas, Sindicate bank, ONGC, Axis Bank, Lupin can be proftable work. Indian currency Rupee, opened at 66.95 weak by 8 paise against Dollar. Purchasing of Gold is raising world-wide, outcome of which will be increase in its prices. Current price of gold is Rs 29,995, and according to the experts gold prices can move up to Rs 31,000. Prices of crude oil is climbing upwards and currently its trading on Rs 3236. Its rate doubled in just 4 months.