Market Update

Market Watch

Wednesday, 25 June 2014

Get Accurate Tips Mcx Market Highlights by CapitalHeight

Today in Mcx Market MCX SILVERMIC August contract was trading at Rs 45413 up Rs 513, or 1.14 percent. The SILVERMIC rate touched an intraday high of Rs 45485 and an intraday low of Rs 44660. So far 8754 contracts have been traded. SILVERMIC prices have moved down Rs 4318, or 8.68 percent in the August series so far.
Crude oil prices gained smartly in Asia on Wednesday on Iraq tension, shrugging off an industry report that showed a solid gain in U.S. crude stocks.Brent crude inched lower on Wednesday, but held close to a nine-month high above USD 114 a barrel as Sunni insurgents battled government forces for control of Iraq's biggest refinery. The 300,000 barrel per day Baiji complex, 200 km (120 miles) north of Baghdad, has been fought over since last Wednesday with sudden reversals on both sides.
Base metals traded mostly mixed to bullish on last trading session except nickel which has been moving into a bearish correction. On average prices ended on a positive note while this morning most of the metals are trading marginally lower. However, we believe as the day progresses possibly the select commodities may trade positive for the day. 
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