At the end of the day Indian Stock Market ended up marginally higher. Sensex gained 193.20 points, while Nifty has received only 51.55 points. In Mcx commodity Market, Gold, Silver and Natural gas have been trading in negative zone for the whole day, while Crude oil jumped into the positive after the noon session. In Mcx, Gold Live at 29810 loss 125, Silver Live at 41166 loss 100, Crude oil at 3106 gain 26, Natural gas 144 loss 0.70, Aluminium at 103.75 loss 0.35, Copper at 314.85 hike 2.40, Nickel 592.80 hike 2.40, Lead at 117.15 loss 0.70, Zinc at 127.45 loss 0.55, Mentha oil at 863.10 loss 10.10 points.
In Ncdex Commodity Market, most of the Agri Commodities have been trading in positive zone for the whole day. In Ncdex, Charjddel is at 5638 loss 24, Rmseed at 4334 loss 42, Sybeanidr at 3886 gain 14, Cocudakl at 2219 hike 23, Tmcfgrnzm at 8536 hike 110, Dhaniya 7332 hike 228, Sugarm at 3365 hike 32 and Jeeraunjha at 16710 gain 125 points.
With high risk Buy NICKEL May Above 594.85 Target 597.50-598 Stoploss 582
After a poor opening in the morning, the Stock Market recovered all losses in afternoon session and ended up in positive zone. Sensex ended up with the hike of 83.67 points and Nifty ended up with the loss of 7887.80 points. Dr Reddys Labs, Axis Bank, HUL, Grasim and Larsen are the top gainers, while Tata Motors, Tata Motors (D), Hindalco, NTPC and ONGC are the top losers today. However, the Commodity Market is still moving sluggish and its most of the commodities are trading in loss.
In Mcx Commodity Market, Gold Live at 29782 down 23, Silver Live at 40720 loss 29, Crude Oil Live at 2890 down 21, Natural Gas at 143.10 up 2.3, Aluminium at 103.45 down 0.50, Copper, 312.80 down 0.35, Nickel at 578.60 down 0.50, Lead at 116 up 0.35, Zinc 123 up 1.0 and Mentha oil is trading at 866.50 with the loss of 13.70 points.
In Ncdex Commodity Market, CastorSeed is at 3173, Charjddel is at 5617 hike 81, Rmseed at 4347 loss 46, Sybeanidr at 3861 loss 73, Cocudakl is at 2205 down 77, Tmcfgrnzm at 8240 up 132, Dhaniya at 7050 loss 78 and Sugarm is trading at 3301 with the loss of 44 points.
However, the Stock Market gave a nice opening today, but unfortunately ended up in negative zone with heavy losses. Sensex closed at 25299.70 with the loss of 207.27 points and Nifty closed at 7747 with the loss of 58.90 points. The Commodity Market seems to having a tough day, most of the mcx and ncdex commodities have been under loss for the whole day. In precious metals, Gold has recovered the loss and jumped up into a positive zone while Silver is still trading with negative sign. Gold is currently live at 30408 with the hike of 114 points, Silver live at 41201 with the loss of 16 points and Crude oil is at 2954 with the loss of 33 points. In Mcx, Nickel May, Nickel Mini May, Nickel June, Nickel Mini June and Nickel Mini July are the Top Mcx Gainer today, while Menth oil Jun, May, July , Crude oil mini Aug, Crude oil Sep and Aug are the Top Mcx Losers today. In Ncdex, Soyabean May, June, July, Cotton 29 mm May and Refined Soya oil May are the Top Ncdex Gainers today, while Guargum July, GuarSeed July, Jeera Aug, June and Guargum May are the Top Ncdex Losers today.
In April month, the Brent Crude Oil price has been hiked up by 20% and it’s the biggest hike of a month in last 7 years. On Friday, Brent Crude future was almost flat and the price had stabilized around 48.14 dollar per barrel, where WTI Crude has dropped by 0.2% and went down to 45.96 dollar per barrel. In this April Season Brent Crude has received the hike of 21.5% and this is the biggest hike after may 2009. The Brent Crude has also touched the level of 48.50 dollar per barrel in 2016. Where WTI Crude has jumped up by 20% in April month. The Crude hike was supposed to be caused by drop in dollar and due to the signs of less supply of crude oil. However, there are also possibilities that Bookmakers can be responsible for the Crude Price Hike.
After a day off, finally Indian Commodity Market opened on Friday Evening. Comparing with the Wednesday Market, it seems that the commodities are inversing their last performance today. In Mcx Market, except Gold all other commodities are trading in red zone. Currently, Gold is trading at 28902 with the hike of 142 points and became the Top Mcx Gainer today. Whether, Silver and Crude oil has received the respective loss of 0.11% and 3.55% and running at 38262 and 2690 respectively. Silver live at 38224 down by 82, Natural Gas at 128.30 down by 3.1%, Aluminium at 102.75 drop 0.77%, Copper at 315.35 drop 1.48%, Nickel at 592.20 drop 1.28%, Lead 113.85 down 0.78% and Zinc at 123.10 down by 0.36%. Talking about the Ncdex Commodity Market, because there is no sign of any trading there probably it will be off for the whole day.
Wednesday is quite an amazing day for the Ncdex Commodities. In Ncdex Commodity Market, almost all the Agri commodities are trading with positive points. After the rise of 4%, all Chana contracts has became the Top Ncdex Gainers of the day and with the loss of 0.12% Turmeric Jul became the Top Ncdex Loser today. In Mcx Commodity Market, except Gold, Silver and Crude oil all other commodities are trading in positive zone. Currently, Gold Live at 29184 with the loss of 152 points, Silver Live at 38268 with the loss of 44 points and Crude oil Live at 2763 with the loss of 19 points. After the rise of 2.81% Natural Gas became the Top Mcx Gainer today and with the loss of 1.93% Crude oil mini became the Top Mcx Loser of the day.