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  • Wednesday 16 July 2014

    Decline in crude oil prices is positive for the market. Additionally, the monsoon has been better and also good indications of the domestic economy. RBI has given a big relief to the infrastructure sector. Banks are also concessions.

    Today commodity market open at mixed position. Some product are open profitable or some are not profitable. Despite a weaker rupee in the domestic market is gold and silver fade. But MCX Gold is recover and the price is at Rs 27696. 0.17% move above gold and but MCX silver is also idling today and trading at Rs 44764 with 0.20% declined. MCX crude oil is batter position on today. It move above 0.93% and trade at Rs 6053.

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