Stock Market Rising High, Bullion Market Down

Stock Market Today is back to its original pace. Sensex and Nifty Opens High. Sensex Hike 237 points or 0.89 percent to 26978 while Nifty50 pace up by 67 points or 0.82 percent to 8271 points. All the sectors are trading with high profits. Rupee opened with strongness of 12 paise at 67.55 against US Dollar. Having a sight towards Asian Market Nikkei trading with minor hike of 89 points to 15656, Hang Seng rises 327 to 20763 and China's Index Shanghai Composite is trading down at 2924 with 7 points down. Bullion Market is down today. MCX Gold dropped 153 to Rs 31,162 and Silver dropped Rs 55 to Rs 43,147 per kg. Natural Gas and Crude oil are trading positive with minor upliftments.  

Shares To Buy Today

LT Foods Ltd has open a subsidiary in UK. Company is trying to expand its business althrough.

• Buy LT Foods Ltd. above: 252.01 Targets: 255.87 - 259.88 - 263.93 - 268 Stoploss : 248.06 

Future Enterprises has sold the 14 percent of Future Supply Chain to Grifin Partners.

• Buy Future Enterprises above: 26.26 Targets: 27.54 - 28.87 - 30.23 - 31.62 Stoploss : 25 

Majesco has announced a strategic partnership with I Sign.

• Buy Majesco Ltd above: 546.39 Targets: 551.97 - 557.86 - 563.78 - 569.73 Stoploss : 540.56

Stock Market Moving Up, Commodity Market Down

After the signal of increase in rates from June from Federal Reserve a pressure on Gold prices was seen. Gold prices came down to the level of last month prices. Currently Gold is trading on 29680 Rs per 10gms. Silver too dropped 0.49% to 39648 per kg. After increasing the supply of crude from Iran, prices of Crude Oil fell down 0.85% to Rs 3254 per barrel. After Imposing stock limits on sugar, government took back sugar subsidies at  Rs 45 per quintal. In february government increased the sugar cess from Rs 24 to Rs 124 per quintal. Aluminium and copper are trading positive on 104 and 310 respectively. Sensex is drifting upwards and reached 25,326 points while nifty is currently trading on 7,759 points. Top gainers of NSE are NTPC, Tata Motors, Tata powers, ACC and Utratech Cement on the other hand top gainers of BSE are Tata Motors, NTPC, ICICI, Reliance, HDFC. In NSE Aurobindo Pharma, Idea Cellular, BPCL, Hindalco, Bank of Baroda are moving under the loss and in BSE Bajaj Auto, Sun Pharma, BHEL, ONGC and TCS are going under loss. In Asian Market only Hang Seng is trading Positive at 19830 points.