Market Update

Market Watch

Thursday 26 November 2015

Live MCX Market Update with Bullion Tips



Gold hovered close to its lowest in nearly six years on Thursday.
           Spot gold was little changed at $1,071.96 an ounce by 0245 GMT, after dropping 0.4 percent on Wednesday.
           Gold had seen some safe-haven bids earlier in the week after Turkey downed a Russian fighter jet.
Perth Mint will work with ASX Ltd to develop precious metals derivatives that will be traded on the Australian exchange, the companies said on Thursday.
            The Sensex is up 97.50 points or 0.4 percent at 25873.24, and the Nifty is up 17.40 points or 0.2 percent at 7849. About 851 shares have advanced, 228 shares declined, and 72 shares are unchanged.
            Dr Reddy's Labs is down 8.5 percent while Hero, HDFC Bank, Wipro and Lupin are major losers. Sun Pharma, Tata Motors, Infosys, L&T and HUL are top gainers.
           The Indian rupee has opened marginally lower at 66.35 per dollar on Thursday against 66.32 a dollar in previous trading session.
               Asian shares advanced in early trade on Thursday, while growing bets the European Central Bank was gearing up to deliver further stimulus steps kept the euro under pressure.
            Shares of Hero MotoCorp were up 1.5 percent intraday. The US private equity firm Bain Capital will sell shares in Hero MotoCorp via block deal to raise as much as USD 116 million. Bain launched the deal to sell 2.98 million Hero shares in the indicative price band of between Rs 2,570 and Rs 2,600, says Reuters.
               In fresh trouble for Dr. Reddy's Laboratories (DRL), a warning letter has been uploaded on the US Food and Drug Administration website with regards to DRL's plants it had inspected recently. The administrator has identified significant deviations from current good manufacturing practices (CGMP) at three of DRL's plants. The three plants that were inspected earlier by US FDA were Unit VI of Srikakulam Plant, Unit V at Telangana’s Miryalaguda Taluk Plant and Unit VII at the Duvvada Plant in Visakhapatnam. The American regulator says it has identified significant deviations from CGMP at all three plants. For the plant units in Srikakulam and Miryalaguda the deviations lay for manufacturing active pharma ingredients (API's), while for the Oncology Plant at Duvvada, the problem lay with finished pharmaceutical products.

===================================================== Shares of Hero MotoCorp were up 1.5 percent intraday. The US private equity firm Bain Capital will sell shares in Hero MotoCorp via block deal to raise as much as USD 116 million. Bain launched the deal to sell 2.98 million Hero shares in the indicative price band of between Rs 2,570 and Rs 2,600, says Reuters. CapitalHeight provide customized services to our clients as per their requirements. For Accurate Mcx Gold, silver Tips & Market Update  Visit our site www.capitalheight.com/bullion-premium.php Call at 0731-6615050, 9993066624.

Tuesday 24 November 2015

Live Mcx Bullion Market Trading News Updates



Gold languished near its lowest level in nearly six years on Tuesday, while silver and platinum also held near multi-year lows on a strong dollar and increasing expectations that the Federal Reserve would increase U.S. interest rates next month. 
           Spot gold was little changed at $1,069.67 an ounce by 0042 GMT.
    Silver steadied after slumping to $13.86 on Monday, the lowest since August 2009.
             Platinum was close to $839.50 reached in the previous session.
 The precious metals have been hit by strength in the dollar and expectations that the Fed would hike rates in December for the first time in nearly a decade.
             World equity markets slipped on Monday, with U.S. stocks ending slightly lower in quiet trading after strong gains last week.
The dollar rose to an eight-month high on Monday on hopes of a hike next month.
       Investors have been pulling out of precious metals funds at a rapid pace, further hurting sentiment.
The market has opened lower dragged by weak global cues. The Sensex is down 50.61 points or 0.2 percebt at 25768.73, and the Nifty is down 9.70 points or 0.1 percent at 7839.55. About 351 shares have advanced, 202 shares declined, and 47 shares are unchanged.
             The Indian rupee gained in early trade. It has opened higher by 10 paise at 66.37 per dollar against 66.47 Monday.
        Asian shares dragged their feet after a healthcare mega-merger failed to impress investors while the dollar held firm near an eight-month high as investors grew more convinced of a US rate hike next month.
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The benchmark Sensex today recorded its first drop in three sessions after fluctuations for better part of the session, falling over 49 points as caution prevailed ahead of derivatives expiry during a holiday-shortened week. We help you in taking decisions like booking profit, partial profit, stop loss and loss balancing related to the Commodity that you own. CapitalHeight would help you in incurring profits and hence minimizing the risk associated with Indian Commodity Market. For more info visit us at www.capitalheight.com/bullion-premium.php or call at +91 9993066624, 0731 - 6615050.

Thursday 19 November 2015

Live Market Update for Today Bullion Trading

  • Gold prices revived on Thursday from more than five year lows hit in the previous session.
  • Spot gold traded up 0.3 percent to $1,073.61 anounce by 0020 GMT.
  • Silver tracked bullion, returning to positive territory after dropping to a 2-1/2-month low, while platinum languished at a seven-year low.
  • Bullion prices have fallen for 14 out of 16 sessions under pressure from expectations that the U.S. Federal Reserve is set to raise interest rates next month.
  • The Indian rupee has opened higher in early trade. It has gained 19 paise at 66.10 per dollar versus 66.29 Wednesday.
  • Gold eked out small gains on Wednesday as another bomb scare in Europe and gunfire in Paris fuelled tentative safe-haven bids, but a firm dollar kept a lid on prices that hit their lowest in nearly six years earlier in the session.
  • The market has opened higher after a sharp slide yesterday. The Sensex is up 165.64 points or 0.6 percent at 25648.16 and the Nifty is up 48.50 points or 0.6 percent at 7780.30. About 658 shares have advanced, 89 shares declined, and 24 shares are unchanged.
  • Employee unions at Coal India today opposed the government's decision to sell 10 percent stake in the miner, with one of the trade unions threatening to go on strike against the divestment.
  • Shares of Dr Reddy's tanked 7.5 percent intraday as the drug major is caught in a probe concerning possible violation federal security laws. Lundin Law PC has announced that it is investigating claims against Dr Reddy’s Laboratories concerning possible violations of federal securities laws.
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Tuesday 17 November 2015

Live MCX Premium Tips By CapitalHeight



  • Gold held steady on Tuesday as lingering caution in the aftermath of the Paris attacks offset the impact of a firmer U.S. dollar, which rose on prospects of a December rate rise.
  • Spot gold edged up $1.15 or 0.1 percent to $1,083.50 an ounce by 0055 GMT.
  • The market has extended rally in early trade Tuesday, taking positive cues from global peers. The 30-share BSE Sensex climbed 109.17 points to 25869.27 and the 50-share NSE Nifty gained 30.95 points at 7837.55.
  • ICICI Bank, Vedanta, SBI, L&T, BHEL, Idea Cellular, Cairn India and Tata Power were early gainers, up around a percent each. Dr Reddy's Labs, Bharti Airtel, GAIL, Hero Motocorp, Infosys and HCL Technologies were losers.
  • Crude oil edged up on Tuesday, lifting further away from over two-months lows seen last week, as traders price in a risk premium following the Paris attacks and the resulting French airstrikes in Syria.
  • Asian stocks gained early on Tuesday, taking heart after seeing Wall Street take the attacks in Paris in stride and surge overnight, while expectations for a rate hike by the Federal Reserve in December kept the dollar on a bullish footing.
  • India's merchandise exports shrank 17.53 percent in October from a year ago to $21.35 billion.
  • Asian shares advanced on Tuesday, with energy and airline counters leading the rebound, as investors took heart from the rally on Wall Street.
  • Japan's Nikkei 225 recouped all of Monday's losses, with sentiment bolstered by the inspiring handover from Wall Street and a weaker yen.

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The Indian stock market is modestly higher this morning, extending previous session's gains on the back of a positive lead from global markets. All their researches are based on the basis of the daily international and national economic news and market developments. For 2 Days Free Trial, please visit our site at www.capitalheight.com/bullion-premium.php or Call at 0731-6615050.


Tuesday 10 November 2015

Accurate Bullion Trading Tips for Today



  • Gold was near a three-month low on Tuesday on expectations the U.S.
  • The market started off Tuesday on a negative note with the BSE Sensex falling 115.29 points to 26006.11 and the Nifty declining 33.15 points to 7882.05. Weak global cues drove market lower. ONGC, Hindalco Industries, Vedanta, Infosys, Coal India and IndusInd Bank were big losers in early trade, down 1-2 percent.
  • The Indian rupee has opened flat at 66.43 per dollar today against previous day's closing value of 66.44 a dollar.
  • Oil is unlikely to return to USD 80 a barrel before the end of the next decade, despite unprecedented declines in investment, as yearly demand growth struggles to top 1 million barrels per day, the International Energy Agency said on Tuesday.
  • Gold and silver coins sales, including those bearing Ashok Chakra, sparkled on Dhanteras, with sales estimated to have gone up by up to 25 per cent from last year as consumers went on a buying spree lured by lower prices. Dhanteras is considered to be an auspicious day for buying gold, silver and other valuables and is largely celebrated in North and West India.
  • The Indian stock market has opened lower this morning, extending its slide on weak global cues.
    The Sensex is down 114.40 points or 0.44% at 26,007.00. The Nifty is down 40.35 points or 0.51% at 7874.85. ONGC and Hindalco are down more than 2%.

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