Today's Market Outlook

Last day the international market gave significant signals, so the domestic market got closed with a high status. The predominant index of BSE, Sensex got increased by 80 points and closed at 25772 and the major index of NSE, Nifty got increased by 22 points and closed at 7888 today.This year’s Akshaya-Tritiya didn’t satisfied the jewelers. The much awaited day went away without giving any extra profit to shopkeepers. Comparative to last year this year the price of gold was 11 percent more. However today gold became 250 rupees cheaper. Today there was a little bit decrement of 9 paise in Indian Currency. Crude oil closed on 2899 points. According to the experts, there can be a downfall of about 10 percent in exportation of cotton. Prices of cotton got increased in domestic market. On spotting a light to non-agri sector, increased prices of petrol and diesel are seen. Petrol and diesel got increased by rupees 1.06 and 2.94 respectively.

Friday Evening Stock Market Updates

In a gradually changing market, today Rupee opened at 66.57 per dollar. FOREX experts says that the business of Rupee can be in the range between 66.40-66.75. In comparison to last year’s selling, increasing prices of Gold can decrease the selling of jewelleries on the occasion of Akshaya-Tritiya coming on 9th of this month. Prices of Gold increased and reached to 30000, also there was a hike of 50 points in Silver. In Agri-Commodity it was a mixed and matched business. Prices of some commodity increased where as there was a decrease in some of the commodities. Also there was gradual decrement in crude oil prices. After recovery in the stock market, Nifty and Sensex are doing business with a downfall. Sensex has dropped with 34 points and has reached to 25228 and Nifty dropped with 2 points and reached to 7733. Maximum increase was seen in indexes of government banks and Syndicate Bank is leading on top.