Market Outlook for Commodity, Equity and Agri Commodity Market
Commodity Market Outlook
• Gold futures rose from an eight-month low
• Nickel tumbled to a five-month low
• Silver futures for December delivery dropped 0.4 percent
Gold futures rose from an eight-month low as a decline in equities boosted demand for the precious metal as an alternative investment. Silver extended a slump to the cheapest in four years.
Equity Market Outlook
• Indian markets closed up. Nifty up by 0.31% & Sensex by 0.43%.
• Asia-Pacific mkts down. Hang Seng down 1.46% & Nikkei 0.71%.
• Wall St Down. Italian Ind orders dropped. Dow Fut down 115 pts.
Indian markets ended marginal up after a volatile trading session. Brent crude oil prices edged lower as sluggish demand and abundant supplies outweighed a possible cut in oil output from the Organization of the Petroleum Exporting Countries (OPEC). Sensex up by 116 pts to 27206 & Nifty climbed by 24 pts to 8146. European markets edged lower.
AgriCommodity Market Outlook
• Soybean future went down by 2.12%, on sluggish demand.
• Mentha oil future declined by 2.98%, on subdued demand.
• Castor seed fut went up by 1.80%, as spot demand in mrkt.
Castor seed future went up by 1.80%, on strong spot market demand against restricted arrivals. Mentha oil future slipped by 2.98%, as speculators reduced positions on subdued demand in the spot market. Soybean future prices declined by 2.12%, on weak demand in spot market. Chana future prices went lower by 1.62% on sluggish demand.
We fulfilling your need services in accordance with the comfort levels of all traders and investors in stock market ranging from small investors to HNI’s, who trade in vast domain of share market such as Intraday, Index Trading (NIFTY & BANK NIFTY ), Equity Market, F&O, MCX, NCDEX.
You can visit to our site for Free Indian Share Market Tips or call us at 0731-6615050.