Thursday, 2 June 2016
Stock Market Updates by Technical Analysis Software.
Nifty down 4 points to open at 8175
Intraday trading session in negative cues from US and Asian markets opening of the Indian Share Market has down. According to Technical analysis Software, the Nifty live chart down 4 points to 8175 is open.
Gold again cross 29,000, received support from domestic demand
The Gold live chart showed price of gold gains for the second day. On Wednesday, the price upped by Rs 150 to Rs 29,000 per ten grams level reached. The increase in prices in the domestic market, global market and jewellers to meet the demand signal has been reported. In commodity market, gold upped by 0.4 per cent to 1220 dollars per level is reached. The growths of gold in the commodity market after ten days have seen a down. Gold live chart seeing down in the past year has been the longest period. These gains in gold and a sudden drop in US consumer confidence in the manufacturing sector due to the pressure have seeing. After signs of pressure in the economy, investors invest in gold have increased much safer investment. Apart from gold, silver down by Rs 140 per kg is. Silverlive chart shows the level of 38760 per kg. The fall in industrial demand, silver prices have seen pressure.
Recovery in crude oil, up trend in base metals
Today, a key OPEC meeting in Vienna has seen a recovery in the crude oil live chart. While still on Nymex crude is down 0.2% to $ 49. On Brent is around $ 50, with a gain of 0.10%.
Base metals boom
In Commodity Market, Aluminium Rs 106 with about 1.5% is reached. The lie is about 1.5%, to trade at Rs 116. With a gain of 2.5%, while zinc is trading at Rs 133. Agri commodities declined to 0.25% on the NCDEX Chana is trading at Rs 5945. While oil slipped 1% to Rs 868 has arrived.
The rupee strengthened by 3 paisa to 67.42 / $ at the open
In Thursday's trading session of currency market against the dollar, Indian rupee strengthened by 3 paisa to 67.42 open.However, on Wednesday the Indian rupee against the dollar on Wednesday closed at 67.45, down 19 cents.
Why is the rupee weakness?
Experts say the main reason for rupee forex RBI Governor Raghuram Rajan is the confusion over the second term.
Posted by Easylivetrade Easylivetrade