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.

Weekly Stock Market Report and Next Week Analysis

Stocks were higher in the mid week but dropped down at the end. In the final hour Sensex dropped 98 points to 25301 and Nifty slided 33 points to 7749. Large losses were seen in realty and healthcare Stocks. Asian Markets finished higher with Hong Kong as a leading region. Hang Seng is up by 0.80% while China's Shanghai Composite is up by 0.66% and Japan's Nikkei is up by 0.54%. European market too were higher this week. Indian currency Rupee was trading at 67.44 against the US$ at the closing of the market. All the sectors traded red except S&P FMCG stocks which was up by 14.65. On the last day of week Gold drift down by 106 rupees to 29,691 rupees while Silver, Natural Gas and Crude Oil ended positive by 0.03%, 0.29% and 0.06% respectively. According to the experts prices of gold will be increasing. China is the first country making the highest investment in Gold. Agriculture minister is thinking of having the solution for getting out from the increased prices of pulses and other commodities. This week SEBI imposed a rule on Pnotes of making the KYC compulsory for the investors investing in PNotes. IDBI Bank looses 1736 crore rupees in its fourth quarter.


According to the market analysts, in the coming week the financial markets will be focusing firmly upon whether the US dollar will gain more or will hover around. The other data will be dependent on it.