Thursday 20 June 2013

STOCKS AND COMMODITY MARKET NEWS AND TIPS TODAY 20 JUNE 13

The rupee slumped to a record low on Thursday, while stocks and bonds were hit, after the Federal Reserve signalled a tapering of its monetary stimulus, highlighting the country's dependence on foreign capital inflows to fund its current account deficit.

The rupee fell to a record low of 59.9350 to the dollar, breaching past its all-time low of 58.98 on June 11. The rupee was trading at 59.82/81, down from its 58.71/72 close on Wednesday.

NSE Nifty fell down and made a record low as it is decline by 125.50 with 2.06% rate and currently its price in the market is 5702.05 INR where as the BSE Sensex is down by -375.44 Rs and its trading price is 18,870.19 Rs in the Indian share market.


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Commodity Bullions and energy is trading low and having loss in their respective commodities price money. in bullions, gold silver where as in energy crude  oil, Brent oil, natural gas, Gasoline are having loss and trading low in the international market.

In the domestic market, Bullions and Energy prices are low and going down side in the market due top economy change and international market position. Gold fell down to low of 239 points and currently it is trading in 27772.00 Rs while silver price is low of 409.00 Rs where crude is declined by 36 Rs But natural gas price is green and having profit of 1.00 at now.

SELL SILVER 5 JUL BELOW 43550 TGT 43500/ 43400/43350 SL 43520
SELL GOLD 5 AUG BELOW 27780 TGT 27750/ 27700/27650 SL 27830
SELL CRUDE OIL 19 JUL BELOW 5775 TGT 5765/5755/5745 SL 5788

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