Monday 6 June 2016

Stock Market Ended Poorly, Commodity Still Moving Ahead

Stock Commodity MArket
After a serious struggling for the whole day, Indian Stock Market closed with minor loss. Although, the opening was average, but a sudden fall in afternoon caused the market to end up in loss. Sensex lost 65.58 points and dropped to 26777.45 and Nifty lost 19.75 points and fall to 8201.05. Bank of Baroda, Yes Bank, Tata Motors, Hindalco, UltraTechCement are the top Gainers today, while Bharti Airtel, Bharti Infratel, Tech Mahindra, Lupin and Axis Bank are the top Losers today. In Asian Market, except the Nikkei and Shanghai Composite all other Asian Indices have ended up positive today. Stock Market was under big pressure today, while the Commodity Market has been making new records today. After losing a bit in the noon, the Commodity Market have regained its pace sooner. In Mcx Commodity Market, Gold hiked by 83 points and currently trading at 29470. Similarly, Silver gained 339 points and hiked up to 39418 and Crude oil gained 77 points and rose up to 3330. Similarly the other mcx commodities have also gained positive leads which are Natural Gas at 163.10 hike 1.10, Aluminium at 104.30 hike 0.95, Copper at 316.40 hike 2.80, Nickel at 584.30 hike 12.20, Lead, 116.90 hike 1, Zinc at 135.25 hike 1.6. & Cotton at 450 hike 450 points.
In Ncdex Commodity Market, Agri Commodities are also trading up like Charjddel at 6438 hike 214, Rmseed at 4464 hike 57, Sybeanidr at 3840 loss 43, Cocudakl at 2444 hike 73, Tmcfgrnzm at 8180 hike 260, Dhaniya at 7020 hike 49, Sugarm at 3593 hike 37, Jeeraunjha at 16470 hike 550 and Barleyjpr at 1595 hike 6.5 points. 

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