Index Market Moving Low, Crude Oil Price at Bottom

After a bad performance on last week, Sensex and Nifty made an average opening on the Monday morning trading session. But it didn't take much longer to show its true flow and currently both are moving down with the loss of 175.06 and 53.80 respectively. In MCX Commodity Market, Gold, Silver & Crude oil all are moving downwards with no signs of any recovery today. Crude oil dropped below 2000 to the lowest of last 12 years. The Crude oil price slipped down to 27.67 dollar per barrel.

Big Fall in Indian Crude Oil Basket

Due to the big drop in Crude oil, Indian Crude Basket is also moving down. Indian Crude basket broke to the lowest of last 12 years and it's currently at 28.73 Dollar/Barrel. 

On Tuesday trading market, Rupee opened at 66.83 with the loss of 2 paise against the Dollar. In Index Market, Both Sensex and Nifty are moving under the red sign. Sensex live at 24663.22 with the loss of 161.82 points and Nifty live at 7507.50 with the loss of 56.35 points. 

Pharma Sector is moving up with the hike of 0.50%. In Nse, Realty Sector broke down by 1.59%, PSU Bank Sector broke down by 1.70% and Metal Sector broke down by 1%. 

In MCX Commodity Market, Gold Live at 25885.00 with the hike of 15 points and Silver Live at 33590 with the loss of 74 points.

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30th Dec Market News with Stock Commodity Future Tips

On Wednesday Trading Session, both Sensex and Nifty are trading under red sign with the drop of 19.93 and 6.45 respectively. However, they received a nice opening, but they couldn't maintain their level for much longer. 

After the recovery in Crude oil on Tuesday, American Market got boosted up. But the Asian Market is still going low with no signs of recovery today. 

Rupee opened with the loss of 6 paise against the Dollar and currently live at 66.45 per Dollar. In MCX Commodity Market, Gold is currently live at 25147 with the positive change of 17 points and Silver live at 33479 with the negative change of 79 points. 

Expert Advice to buy BankNifty 16900PE for target 74 and Sell Gold Feb for the target 25135. 

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