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MCX Prices for commodity copper settled at upside price level of 422.65 and made high of 424 during yesterday. Thus Copper Prices are seen to be in a bullish level trend.

The commodity MCX contract of Crude Oil Futures for May is closed on Thursday at a price of 4577 rupees per barrel and Showed a Downfall of 6% in the market. The commodity contract opened this morning at a flat price of 4975 Rs and made the intraday high with same level with a last traded price of 4444 Rs which is Fall by 133 rupees after an intraday low of 4219.

The bullion market report for gold prices is that gold prices risen for more than 1 percent on MCX index on Tuesday as risk aversion returned to the financial markets stoked by concerns over the outlook for the Chinese economy has other worries regarding debt crisis.

MCX showing downward trend in case of industrial metals and it seems to look gloomy for copper MCX as it fell on Friday, putting the brakes on a two-week rally as a dismal set of U.S. employment data scaled back some recovery optimism.

Today, the 30-share index was trading at 25,965,went up 5 points or 0.02 per-cent. It reached a high of 26000.24 & a low of 25,953.25 in early morning trade.

Nifty futures updates : Today, Sensex was trading near 25,713, went up by 90 points or 0.35 per-cent. It attained a high of 25,766.76 & a low of 25,697.22 in early morning trade.

The 30-share index was trading at 24,590, up by 120 pts or 0.49 per-cent. Later on, it attained a high of 24,623.56 and a low of 24,340.06 in morning trade.Click For Nifty futures tips While the Nifty-50 was at 7,467 up 42 points or 0.57 per cent. It reached a high of 7,479.00 and a low of 7,402.80 in the first 30 minutes of trade.

Today, Crude oil futures plummeted over 1 per-cent in the native market while tumbling to a 6 year low in the overseas market as investors, observers and speculators regained to a heavy sell-off in the energy commodity amidst continued fears that a global oil glut may exacerbate due to the fallout of the OPEC's decision to maintain production at high levels, and sluggish world wide growth of economy which may weaken requirement.

FOMC - Closing months of speculation, observation and for the 1st time in the decade, the US Fed Reserve's rate-setting Fed Open Market Committee (FOMC) increased its Fed Funds Rate by 25 basis pts from the 0-0.25 per-cent range to a target of 0.25-0.5 per-cent.

Air India announced two special schemes for passengers, which could enable them to ring in 2016 year in style. The promotional offers are New Year Special & Lucky 1st.Click For Commodity tips

Share tips & currency updates : Cracking a 2-day losing streak, the INR(rupee) went high by 18 paise to 66.75 in early trade on yesterday, as Asian currencies recovered amid reports that the Chinese central bank, PBoC, was intervening to support the tumbling yuan.

RCom - "Reliance Communications" is going to talk with shareholders of telecom operator Aircel for a potential merger of the wireless or mobile businesses for both of the companies. The idea is to mutually derive estimated substantial benefits of in-country consolidation, including operating expenditure (opex) & capital expenditure synergies & revenue enhancement, RCom told in a statement.

Today's news : Asian equities delivered some last-minute Christmas cheer, continuing to rally on the last full trading day of the week before the holiday. Oil prices recovery boosted energy stocks in the areas, with US crude nearly 1 per-cent high in Asia trading following a 4 per-cent rally overnight.