Wednesday 20 July 2016

News as per technical analysis software Nifty down 13 pts, rupee down 5 paisa, global cues Gold, silver up

Nifty down 13 pts at 8515 Open.

US and Asian markets are getting negative signals the opening of the Indian Stock market has declined. As per the technical analysis chartsoftware sensex index down 12 points to 27777 is open and the NSE market index Nifty chart down 13 points to 8515 is open.

In currency market Rupee down 5 paisa weaker 67.15 / $ level open.

Wednesday's currency market trading session 5 paisa weak in a rupee at 67.15 is open. However, on Tuesday the rupee had closed 10 paisa higher trend at 67.10. Tuesday's session showed a good recovery. The rupee closed at 67.10 with a gain of 10 paisa. Whereas, with the rupee weakness was opening. The rupee opened at 67.23. However, Monday's intraday trading session the rupee fell by 14 paisa to close at 67.20 took place.

In yesterday commodity market 2 days ceased to decline, global cues Gold, silver up

Gold prices decline on the last two days took a break today. On the back of strong cues from global commodity markets, gold prices in the Indian commodity market gained today. In overseas markets, the domestic market jewellers buying support to gold prices. In the Indian market, gold price upped by Rs 200 per 10 grams to reach 30750.

Gold with Silver prices also moved up. Silver marginally by Rs.70 to Rs 46,330 per kg, with touched. Industrial and coin makers demand support to silver prices. Gold in global markets rose to 0.9 per cent in 1330 an ounce. In the domestic market, gold of 99.9 and 99.5 carats carat gold 30 750 per ten grams to Rs 30,600 per ten gram reached. The purchase price for 100 silver coins sold for Rs. 73000 and Rs. 74000.

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