Hong Kong blue chips broke above the 25,000 barrier after visiting Chinese Vice Premier Li announced new measure for RMB use in Hong Kong, but fell back due to profit-taking.
A 2% gap down triggered fears of another quick correction as talk of a Greek default grew louder, but the market held in all day before surging sharply higher into the close.
Jeera prices closed lower by 0.95 per-cent at the National Commodity & Derivatives Exchange Limited (NCDEX) on account of a surge in the supply from the producing regions in the midst of a decline in the export demand.
Gold prices have reached across 27000 level again on MCX in Domestic Markets due to surge in global market. Gold is now more safe investment because of strong decline in manufacturing process of China which is six and half years low along with a sharp decline in Indian Equity Market...
Read more here- http://www.pinnaclefinancial.in/blog/mcx-gold-tips-bullion-updates-trade/
Nifty option tips - The S&P BSE Sensex surged over 300 points in trade on today tracking positive trend seen in other Asian markets. The rally in the index was led by gains in HDFC Bank, ITC, Infosys, HDFC & RIL.
The Sensex soared 200 points to end at 27,317 and the Nifty surged 50 points to close at 8,225. Above-normal monsoons, positive macroeconomic numbers coupled with a dovish stance by the Fed bolstered the rally. The last trading day of the week saw some history being formed in intraday session above the 200 day EMA of 8,195 and it is imperative that markets hold ground above the same in the coming expiry week.
News that European authorities are devising a plan to shore up big banks threatened by the region's debt crisis helped ignite a strong rebound in the substantially oversold Hong Kong market.
European markets fell sharply Tuesday after Eurozone finance ministers said last night that they will wait until later in October than previously thought to decide whether to extend more aid to Greece.
The Aug. - Sept. consolidation between DJIA 10,600 and 11,740 stands to be a base for a surge, or way station leading to a drop below DJIA 10,000 (S&P:1050).
Samaranta mining Corp. is well positioned for a rise in the current economic climate. The company is currently in the advanced investigation stage of its properties in Colombia.
Stocks traded higher today as financials surged over 4 percent to lead gainers. All sectors closed up, with energy, materials and industrial stocks gaining about 3 percent.
Hong Kong and Chinese blue chips continued this weeks' surge Thursday morning but fell back in the afternoon after approaching strong technical resistance.
JPMorgan Chase led financial stocks lower today after the second-largest bank in the U.S. reported disappointing results in Q3. Late trading surges helped to minimize the market's decline.
The yellow metal broke its falling trend as it started rising in the second half of the last week of August 2014. Price of Gold rose for the three days in four sessions of the week which is shocking for jewelers and investors who expected "gold prices to continue the fall till Diwali."
There is no need to worry in mid-term considering prices of the commodity since Asian demand stayed low, US currency strengthened and equities surged in the week. Market analysts are waiting for a pointer from European Central Bank (ECB) to add in support to the price of the metal.
U.S. stocks retreated to one-month lows on the back of a surge in the U.S. dollar and some weakness in oil. DJIA was down 332.8 points or -1.8% at 17662.9. Asian stocks are trading mixed as markets awaited more data that could shed light on the state of China's economy. Nikkei 225 is trading up 92.4 points or 0.5% at 18757.6, while Hang Seng is trading down 69.5 points or -0.3% at 23827.5. Indian rupee weakened to close at 62.7800 against USD.
Read More here- http://onlinetradingttips.blogspot.in/2015/03/stock-in-news-for-today-intraday-stocks.html
Natural gas prices jumped by 4 per cent to Rs 275.
Crude oil jumped by 1.5 per cent to Rs 4740.mcx energy
Nickel rose 0.5 per cent and reached beyond Rs 1010.
Aluminum, Copper, Lead and Zinc have 0.25,0.25,0.4 and 0.6 per cent gains.
Gold is trading at Rs 26500 with a marginal gains of 0.1 per cent.
Silver surged 0.5 per cent to close at Rs 36,000.
Sensex expand gains, Nifty strikes at 7900; Tata Motors surges.
Another Federal increase in March month won't be positive for mkts: Rabobank.
MF investment in equity markets at Rs 70,000 cr in 2015.