Equity Indices Erases Early Gains - Latest Market Updates

Stock Market Updates: Selling pressure took charge on the D-Street in the late morning session as the market erased a huge chunk of its gains. The Sensex dropped down 46.94 points at 30387.85, while the Nifty had lost 24.55 points at 9404.90. The market breadth, however, was negative as 1,031 shares advanced against a decline of 1,385 shares, while 125 shares were unchanged.

Top Gainers: ITC, Yes Bank, HUL, SBI, Axis Bank

Top Losers: Hindalco, Asian Paints, Eicher Motors, TCS, BPCL

Asian Market Updates: Japan's Nikkei is 36 points up at 19590, Hong Kong's Hang Seng moved 51 points up at 25188 and China's Shanghai Composite is 3 points down at 3086.

Commodity Market Update: MCX Gold is just 25 points up at 28730 while Silver has jumpes 215 points at 39104. Natural Gas is maintained at 208 points with no major or minor gains and Crude Oil is 17 points up at 3254.

Stock and Commodity Latest Updates

On the first day of fresh new week market opened with a green signal. Sensex with many ups and downs is roaming around 25280 points and Nifty is revolving around 7777 points. Sectors like Capital goods, HealthCare, IT, Oil and Gas and Teck are trading negative. In Asian market, Taiwan Index is trading at higher pace with a jump of 213 points to 8344 points. Except Nikkei, all other indexes of Asian market are trading positive.

Prices of crude oil dropped today. This effect is seen due to strengthening of Dollar and increasing supply of Crude oil. Last week Gold prices dropped down while today Gold Prices increased their pace but are at a down level compared to last 3 weeks. In international market gold prices increased by 0.1% to 1,252.92 Dollar per barrel while in MCX it is trading on 29,644 Rupees. While Silver is down on Monday too with 0.92% to 39,466. Prices of Natural Gas increased by 3.17% to Rupees 143. Today Rupee open strengthened with 15 paise against Dollar at 67.30 while on Friday it closed on 67.45 against Dollar. Currently it is trading on 67.35 against dollar.