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TradeIndia Research Point of View on Stock and Commodity Market - PowerPoint PPT Presentation

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ICICI Bank | Shree Cement | PNB | Lupin | Tata Motors | Dena

Bank | Amara Raja Batteries | Union Bank | United Breweries | Mangalam Cement | Indian Hotels | Munjal Auto | Central Bank Of India | Aditya Birla Fashion and GMR Infra are stocks, which are in the newstoday.

Daily Share Market Tips based on stock market conditions with accuracy.

GET FREE TRIAL CALL:+91-7415033556

Stock markets in Asia opened up with MSCI’s broadest index of Asia-Pacific shares outside Japan advancing 0.3 percent. Australian shares were up 0.7 percent and Japanese sharesrose


The Indian rupee opened marginally lower by 4 paise at 66.74 per dollar versus 66.70 Friday. The rupee is likely to head towards 66.50/dollar levels and the trading range for the day is likely to be between66.50-66.80/dollar.

Last week, spot gold prices rose by 2.2 percent to close at

$1303.8 per ounce on account of weak dollar and uncertainty about the outcome of a tight U.S. presidentialrace.

Commodity Tips On the MCX, gold prices rose by 2 percent to close at Rs.30557 per 10gms.

Gold gained as investors weighed the need for a haven before American presidential election against expectations of higher U.S. interestrates.

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Spot silver prices rose by 2.9 percent last week to close at $18.4 per ounce in line with rise in gold prices and weakdollar.

On the MCX, silver prices rose by 2.3 percent to close at Rs.43398 perkg.

Silver steadied as jitters over U.S. election offset a solid payrolls report that shored up expectations for a U.S. interestrate.

WTI oil prices declined by 9.5 percent last week to closeat

$44.1 per barrel as investors reeled from a record weekly surge in U.S. crude inventories, and remained skeptical about whether OPEC can actually implement its planned outputcap.

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On the MCX, oil prices declined by 10.4 percent last week to close at Rs.2940 perbarrel.

Free Commodity TipsCrude oil dropped as signs of tensions resurfaced between Saudi Arabia and Iran that could scupper a key supply cutpact.

GOLD $1289.35.

SILVER $ 18.120, COPPER $336.80, CRUDE OIL $44.68, INR66.735.

Read daily commodity market updates from MCX HNI Tipsblog.