Market Update

Market Watch

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.


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