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Commodity News Gold MCX Gold may take note of a few gains following cues from international exchange however sell on rise is suggested. Domestic gold price is also getting influenced by trend in rupee and development in spot market. Support for MCX Gold February contract is seen at Rs.27800 while Resistance is seen at Rs.28250.

Silver MCX Silver may note of a few gains following cues from international market yet selling could be considered at higher levels. Support for MCX Silver March contract is seen at Rs.40400 while Resistance is seen at Rs.41300.


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Copper MCX Copper may trade with a weaker bias following cues from international exchange. LME Copper trades bring down in early trades today following 0.6% decline yesterday. Support for MCX Copper November contract is seen at Rs.392 while resistance is seen at Rs.404.

Crude Oil MCX Crude may note some decline following cues from international exchange but buy on dips is recommended. NYMEX crude has eased back after near $52 per barrel in past session. Support for MCX Crude December contract is seen at Rs.3411 while Resistance is seen at Rs.3595.


Give Missed Call at 18003157801

Share Market News The market has opened sharply bring down with the Nifty below 8150. The 50-share index is down 47.70 points at 8145.20 and the Sensex is down 184.72 points. About 173 shares have progressed, 339 shares declined, and 35 shares are unchanged. Wipro, Coal India and ONGC are best gainers while HDFC, Dr Reddy’s Labs, Bharti, GAIL and Infosys are losers in the Sensex. Join Best Stock Advisory to get accurate stock and commodity recommendations.

L&T | Tata Power | Wipro | Coal India | Tata Motors | TVS Motor | Jindal Drilling | Reliance Communications | Shilpa Medicare | Clariant Chemicals | AstraZeneca | Crompton Greaves | Ballarpur Industries | JSPL | Bombay Dyeing and Advanced Enzymes are stocks, which are in the news today.


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Indian ADRs ended lower on Thursday. In the IT space, Infosys fell 1.17 percent at USD 14.31 and Wipro declined 1.25 percent at USD 9.47. In the banking space, ICICI Bank shed 3.32 percent at USD 7.58 and HDFC Bank was down 0.91 percent at USD 63.93. In the other sectors, Tata Motors slipped 2 percent at USD 32.41 and Dr Reddy’s Laboratories fell 1.46 percent at USD 46.05.

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