Stock and currency markets are closed today
on the occasion of Eid
Eid
Indian stock and currency markets
will remain closed on Wednesday. Additionally, even in the commodity market will not trade today. Sensex and Nifty now open on
Thursday. Although Tuesday's intraday trading
session after 6 consecutive days of gains, the market was shut down. Sensex and
Nifty have declined by 0.5 per cent today.
As
per technical analysis charting software
the BSE index Sensex down by 112 points, or nearly 0.5 percent, to close at 27167
levels. However, NSE index Nifty chart
35 points, or nearly 0.5 percent, close to the level of 8336 with weakness.
Auto,
IT, banking, telecom, power, realty and oil & gas stocks see selling
pressure on the market. Auto index Nifty IT index up 1.2 per cent and 0.4% was
recorded. 0.9% in the telecom index BSE Power Index 0.7%, 0.6% and oil &
gas indices realty index weakened by 0.5%. Bank Nifty chart closed at 18004,
down 0.5%, but the PSU bank Nifty index gained 0.4 percent.
After
6 consecutive days of gains on Tuesday, the silver price has down. Silver
bullion market on Tuesday as per the silver live chart down by Rs 46,650 to Rs 1065 per kg occurred. Monday was the
record growth in silver prices and moved to the top of the 28 months. Industrial
demand has decreased due to weak global cues. Due to the fall in silver prices
is recorded. Silver bullion traders said sentiment has changed. The down in
demand in the Indian share market.
Indian
share market as well as in the global market is a declining trend in silver
prices. Singapore 3.9 per cent recorded in silver. After 3.9% to $ 19.53 an
ounce, silver prices down. While gold prices down by 0.6% to $ 1342.91 an
ounce, and it has come on.
These
reasons metals stocks boom in, gave the increase foreign brokerages target
As
per easy-live-trade experts , Steel production increased 48% in the April-June
quarter due to the rise in metal sector stock market have gained 20 per cent.
China began economic reforms are being considered in the steel sector will
continue to benefit. Therefore, the global metals sector foreign brokerages
house is upgraded. So metal sector stocks is likely to accelerate.
shb
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