Stock Market Updates and Evening Commodity Tips

The Sensex is up by 98 points at 29459.14 and Nifty is up by 55 points at 8957 ; both the indexes shows safe ans steady closing on weeks first day. 

Sensex 29459.14 , High – 29576.32 , Low – 29259.77 

Nifty 8956.75 , High – 8972.35 , Low – 8885.45 

Top gainers – Axix Bank , Cipla , BHEL , HUL 

Top losers – GMR Infra , Tata Motors and M&M 

Commodity Market Trend – At 5:00 PM 

Gold traded at 26675.00 , High – 26769.00 , Low – 26600.00 

Crude Oil traded at 3054.00 , High – 3085.00 , Low – 3053.00 

Evening Commodity Tips - 

1. MCX Gold : Buy above - 26681 , Target - 26762 to 26850 , Stop loss - 26580 

2. MCX Crude oil : Sell below - 3064 , Target – 3043 - 3032, Stop loss - 3076

Free Intraday Stock Tips

Latest News -

1. Rail Budget 2015: Railway Minister Suresh Prabhu to present maiden rail budget today. 

2. Industry body Nasscom estimates the sector to create 13%, less jobs in fiscal 2016 compared with this year. 

3. Apple India has set a target to double iPhone sales to two million units and revenue to more than Rs 8,000 crore during its financial year to September 2015 as it focuses on e-commerce for the first time in the country. 

4. A large number of e-commerce players, including Flipkart, Snapdeal, Quickr, Amazon, Jabong, Yepme, Foodpanda, Myntra, Housing.com and Common-Floor.com, are in talks with IPL team franchises for sponsorship opportunities ahead of the eighth edition of the popular twenty20 tournament starting in April, according to media planners. 

5. Sensex slips below 29000 ahead of Rail Budget 2015 , The fall in the index was led by losses in Infosys, Dr Reddy's Laboratories, Tata Power and Tata Steel.

Market Updates -

1. Around 41% downfall in the commodity exchange turnover says: FMC 

2. Vijay Mallya's loan from UB group recovered by the 17 bank consortium led by State bank of India on Tuesday. 

3. China's HSBC Manufacturing PMI goes high of 4 months duration level, Instead of exporters orders go low but it manufacturing PMI is around 50.1% . 

4. Infosys to hire SAP CTO for software security czar ; shares surges 2% . 

5. Apple Inc. Ordered to pay around $553 million for the patent infringement with Smartflash LLC Taxas based company.

Latest News -

1. There may be chances that India may cut subsidy bill around 20% in the annual Budget represented on next week. 

2. The Ministry of Micro, Small and Medium Enterprises (MSME), Government of India, designs and implements policies and programs through its field organizations and attached offices for promotion and growth of MSME sector in Budget. 

3. Micromax Informatics Limited going to invest around 1000 Cr. In Jaipur for building the manufacturing plant. 

4. Idea cellular and Yes Bank going to enter in Nifty 50 Index says NSE, changes may be implemented on 27th march 2015. 

5. No Free WiFi facilities for Delhi before a year says Arvind Kejriwal.

Latest on Indian Market

1. Sensex falls 300 points, Nifty below 8600 points - The market fell more than 1 percent in morning trade on fall in rupee post exit polls indicated that BJP may not get majority in Delhi elections. Banks, capital goods, auto and metals drag continuously like Tata steel, Reliance infra.

2. Indian Economy Asia's third largest Economy statisticians re-worked the numbers, changing both the way it calculates gross domestic product and the base year. Suddenly the economy appeared to be motoring again and rising through fog of data. 

3. The Indian rupee has breached 62 per dollar mark in early trade on Monday, down 31 paise compared to Friday's closing value of 61.69 a dollar. 

 4. Cut in the SLR rate by the RBI gives the more chances to Banks to make profit in the current session and having the more liquidity in the market.

Business News

1. China cut down the Bank Reserve to boost the growth and adding more liquidity to the worlds second biggest economy. 

2. Tata Motor's third quarter consolidated profit after tax is expected to increase 0.87 percent year-on-year to Rs 4,846 crore, according to the average analysis by the experts. 

3. Market shows Continues Sluggishness , IT sector show some relief in Nifty. 

4. IT services major Cognizant today said its net profit rose 12 percent to USD 362.89 million for the quarter ended December 31, helped by increased traction from consulting, digital and business segments. 

5.Assocham India Suggest to give 3 lack exemption on Income Tax.

Morning Market News

Sensex and Nifty Opens with some positive movement and then show red Sign.

ONGC, Tata Power, Cipla, Axis Bank and SBI are top gainers. 

Hero, ICICI Bank, NTPC, HDFC Bank and Coal India are major losers in the Sensex. 

Bharti Airtel India's largest telecom company announce its quarterly results today, expected to be down as previous year. We'll see some negative movements in their stocks. 

Wall street rises second day again led by the energy sector.

Morning Market Updates

Before the RBI Launches its New policy at 11AM,Market opens on its high and NIFTY above 8800. 
 
Today, Rupee show some positive movements against dollar, opens at 18 paise higher. 
 
European Market on its peak due to Energy segments showing positive movements. 
 
Gold and Silver prices on the downfall as previously stated.