Sensex Rallies Above 200 points, Silver Touching Zenith

On the first day of new trading session, Indian Stock Market opened with higher positive leads. Currently Rupee trading at 67.18 against Dollar with strength of 14 paise. Sensex live with 208 points lead at 27353 and Nifty live at 8390 with 61 points lead. All the global market indices are trading in positive zone with Hang seng trading highest at 21105 with 311 points hike, all other indices are trading with minor hikes. Only FMCG sector is trading down with 83 points negative and other sectors are trading higher. In commodity market, MCX Gold hikes 367 points at 31830 and Silver making a long jump of 2136 points at 47,695 points. Crude Oil live at 3,314 and Natural Gas trading down with 2 points at 195.  

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->SBI has a deal of RS 900 crore with a private equity firm in Mauritius for 5 percent stakes of NSE. 

Buy SBI above: 225 Targets: 228.65 - 232.44 - 236.27 - 240.12 Stoploss : 221.26

->For the year 2000-01 MTNL was refunded a tax of Rs 112.95 crore with Rs 52.35 crore included as interest.

Buy MTNL above: 23.76 Targets: 24.98 - 26.25 - 27.54 - 28.87 Stoploss : 22.56

->CNG price hike by 25 paise in Delhi. 

Buy IGL (Indraprastha Gas Limited) above: 625 Targets: 630.94 - 637.24 - 643.56 - 649.92 Stoploss : 618.76

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Sensex Nifty Climbing Up, Commodity Market Drifting Down

Indian Stock market is trading high today. Sensex live at 26638 (+0.43 percent) and Nifty live at 8163 (+0.28 percent). All the sectors are trading positive. Indian currency Rupee opened flat at 67.20 against Dollar. All the Major Indexes of Asian Market are trading high. Commodity Market is under pressure. Gold dropped Rs 226 to Rs 30,381 per ten grams while Silver dropped 555 to Rs 41,129 per kg. Crude Oil live at Rs 3,130 with Rs 3 down. 

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• MCX is going to launch an agri product, Pepper Futures will be starting. 

Buy MCX above: 1008.06 Targets: 1015.5 - 1023.48 - 1031.49 - 1039.54 Stoploss : 1000.14 

• Siemens got an order of about 978 Crore Rupees from Governement. Project is about connecting the networks of India-Bangladesh power supply hence set up a high voltage current link. 

Buy Siemens above: 1269.14 Targets: 1277.42 - 1286.37 - 1295.35 - 1304.36 Stoploss : 1260.25 

• Central Electricity Regulatory Commission has ordered that when state goverments are defaulted then Reliance Power poromoted can supply 4000 MW Sasan ultra mega power in Punjab and Rajasthan. 

Buy Reliance Power above: 54.39 Targets: 56.22 - 58.11 - 60.03 - 61.98 Stoploss : 52.56

Stock Commodity Market News

Rupee opened with the lead of 14 paise against the Dollar on Friday morning. Currently, Rupee is trading at 67.8500 with the hike of 38 paise. Sensex went over 250 points and Nifty rose upto 7500. Yes Bank received the 25% increment in the 3rd quarter profit of 2016. Gold and Silver both are trading in negative zone, although Crude oil made some recovery today. Currently, Gold live at 26536 with the drop of 174 points, Silver Live at 34635 with the drop of 171 points & Crude oil live at 2322 with the hike of 35 points.

Indian Stock Market Recovery, Gold Silver Down, Rupee Up

After going through a poor time, finally Indian Stock Market took a big jump today while gaining recovery points. With the rise of 483.32 points, Sensex Live at 24445.53 & with the hike of 150.60 points, Nifty Live at 7427.40. Rupee opened at 67.80 with the gain of 22 paise against the Dollar. In Commodity Market, Gold and Silver are trading in negative zone, however crude oil has held its position in positive zone. Currently, Gold Live at 26154 by losing 36 points, Silver Live at 34362 by losing 12 points & Crude oil Live at 2112 by rising 57 points.