Commodity Market Tips Today By Expert

Stock Market opened with the negative breadth today. Sensex has dropped down 109 points at 27739 and Nifty has lost 42 points at 8590. Shares of Oil and Natural Gas Corp rise as much as 4.93 pct to highest since June 2015. Global stocks posted their biggest loss in six weeks after Trump signed an executive order on Friday to bar Syrian refugees indefinitely and suspend travel to the United States from seven Muslim-majority countries, sparking widespread protests.

Gainers: Idea Cellular, Tata Power, Bharti Airtel, ONGC, Power Grid Corp

Losers: Bharti Infratel, Grasim, GAIL, Coal India, TCS

Commodity Update and Tips

Precious Metals: Precious metals prices to trade sideways as uncertainty regarding policies of the US government and subdued activity in China on account of Lunar new year holidays.

Energy: Crude Oil prices to trade sideways to lower on account of profit booking , besides, increase in drilling activity in the US are push factors for oil prices to head lower in the near term.

Base Metals: Base metals prices to trade range bound for the day as the dollar weakened, with trading light due to the Lunar New Year break in top metals consumer China.

Gold: RESISTANCE2: 29000 RESISTANCE1:28850 SUPPORT1:28350 SUPPORT2:28150
Silver (MARCH): RESISTANCE2:42300 RESISTANCE1:41900 SUPPORT1:41100 SUPPORT2:40650

Indian Stock Market Flat - Intraday Tips For Today

Indian Stock Market remain fluctuated ahead of F&O expiry. BSE Sensex has hiked 18 points at 26229 while Nifty is 11 points up at 8046. In broader market BSE Small Cap has moved up 55 points at 11878 while BSE MidCap hiked 54 points at 11819.

Commodity Update: Gold has hiked 146 points at 27446 while Silver is 385 points up at 39805. Crude Oil has slipped straight to 31 points at 3675.

Gainers: BPCL, HCL Tech, TCS, Ambuja Cements, Infosys
Losers: Adani Ports, ITC, Aurobindo Pharm, Bajaj Auto, Zee Entertain

Stocks In Focus Today(Intraday Tips)

J K tyre, ITI, and IRB Infra are the stocks that will remain in focus today