STOCK MARKET OUTLOOK

[moneymaker01]

STOCK MARKET
The BSE Sensex and NSE Nifty extended fall due to further fall in rupee and index heavyweights. The Indian rupee fell by 50 paisa to 55.82 against the US dollar.
The 30-share BSE benchmark lost 173.40 points or 1.01% to 16,985.04 and the 50-share NSE benchmark went down 55.05 points or 1.06% to 5,150.05, but the broader markets was down just 0.4%-0.7%.

Cigarette major ITC and software services exporter Infosys were down 1% each.

Country's largest lenders State Bank of India, ICICI Bank and HDFC Bank too fell 1% each. State-owned oil & gas producer ONGC and top telecom operator Bharti Airtel tanked 2% each.

COMMODITY
In commodity market, MCX gold has raised by 0.23 % due to fall in rupees and traded on Rs 29345.00 per 10 gm while silver has record lose of 138.00 points (026%) decrease and currently traded on RS 52704.00 per kg. MCX Exchange’s scripts has extends down trend as zinc, nickel, copper, aluminum and crude oil has down trend today.
On the other hand, NCDEX PEPPER and BARLEY, down by 245 and 26.5 points and traded on Rs 43030 and 1537 per Quintal. While GUR, CHANA is traded on 1190 and 5038 with 2.01 and 0.16 points gain.
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