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Monday, 30 May 2016

Market Status with Experts Advice

In the first session of the new week, market is trading with green signal. However in comparison to last week, market is trading low. Sensex is crawling around 26700 with 46 points up while Nifty 50 is moving around 8164. Except BSE Healthcare, Oil & Gas and Consumer Durables sector all other sector are trading positive. In Asian market, Nikkie of Japan is ranking top with 233 points up to 17068 points and Shanghai of china market dropped to 2818. Gold prices dropped 154 points and currently trading on Rs 28,449 per 10 grams. Silver dropped 445 to Rs 38,421 per kg. Crude Oil prices dropped down in American Market while drifted up in Indian Market. It increased 0.25 percent and reached to Rs 3318. Base metals are trading with drowsiness, that is very low moment is seen in them. Lead and Nickel are trading with just 0.1 increment. Today Rupee is trading on 67.32 against Dollar.

According to the experts, market will trade high today. On Friday, high profits were seen in two big companies namely Hindalco and REC whose impact could be seen on the market. Superb purchasing of 480 crore and 69 crore was seen in DII and FII receptively on Friday.

According to the analysts, buying stocks of HCL Tech, SBI, Century India and Bata India will be beneficial for today.