Gold-silver fast in crude oil, also popped up
In the international market in gold is being seen as well. More than half per cent on comex gold of 1,665 dollars to steer India toward on with the business, there has been more than 1 per cent in silver jump of and it is at the level of 32 dollar per ounce. Thursday in the domestic market with the speed of gold was 0.23 per cent at Rs. 28,200 silver, while with nearly half per cent of 56,771 crores to steer India toward the closed.
The excise duty on gold in the Budget of the American commodity markets announced to be shaken. In India for 13 days on strike jewelers are sitting in the demand of gold and reduction in the markets of America from fear of gold price is going down continuously. In the world of India most Kadam gold.
According to sources from duty Kadam on gold in the quarter of 60 per cent in demand can come down. In 2012, while the prices of gold was reduced to 18 per cent of 1680 dollar per ounce.
Naymax in crude oil on more than half per cent rise of business with the sense, but is 103 dollars per barrel. In the domestic market on Thursday at 2 per cent decline of crude oil with the closed down of Rs. 5,300 crores.
In London Metal Exchange copper is being seen marginal increase on Thursday, while in the domestic market with copper light to steer India toward closed at Rs. 431.
STOCK MARKET ANALYSIS 31st MARCH 2012
Sensex rise to 31.6 200 points, small and medium fast
Investors in increasing enthusiasm and market is stronger than 1 per cent. stood at 10:05 a.m. on 195 points, 17254 spear spear and automated 64 points at the level of 5243.
Reality share impeded 2 per cent. Consumer durable, banks, metal, capital goods power, disinvestment, IT, technical, healthcare, oil and gas 1.5 -1 per cent share fast. Auto share 0.75% and 0.5% FMCG share strong.
Hindalco, ICICI bank, Tata Power, Sun Pharma, DLF, Coal India, BHEL, GAIL, 856, Reliance Industries, M&M, Sterlite Industries, Tata Steel, SBI, Cipla, LNT impeded 2.5 - 1 per cent.
Also in small and medium shares of 1 per cent. Shares smallcap PTL enterprises in India, Kiri media, hotels, industries, Sayaji hotels, KGN enterprises 10-5 per cent assertion.
STOCK MARKET ANALYSIS 31st MARCH 2012
BSE Small-Cap index was up by 0.70% while the BSE Mid-Cap index finished 0.16% up.CNX MIDCAP 50 index was up 0.26% and S&P CNX 500 was dow. The SENSEX closed 63 points down at 17,058 and the NIFTY stood at 5178, down by 15 points.
BSE SENSEX and NIFTY traded in a volatile session on THURSDAY ahead of expiry today. Markets tried to recover in last hour of trading and ended almost flat. NIFTY lost almost 5% this month against the sensational gains in JANUARY and FEBRUARY. Today banking, FMCG, telecom and technology sector traded lower while auto and power stocks outperformed. In near terms market is expected to be bearish may trade towards 5000 level in April 1st week as confusion over General Anti-avoidance rules, roll back of rail fares, and poor political issues may drag the market down.
NIFTY OUTLOOK FOR 30 MARCH 2012
NIFTY SPOT LEVEL
TREND – BEARISH
SUPPORT 1 | 5150 |
SUPPORT 2 | 5110 |
RESISTANCE 1 | 5210 |
RESISTANCE 2 | 5230 |
BANK NIFTY FUTURES
TREND- BEARISH
SUPPORT 1 | 9865 |
SUPPORT 2 | 9780 |
RESISTANCE 1 | 10000 |
RESISTANCE 2 | 10070 |
TECHNICAL CALLS FOR TODAY: 30 MARCH 2012
STOCK CASH
STOCK FUTURE
NIFTY FUTURES
NIFTY FUTURES