Thursday 26 May 2016

26th May Stock And Commodity Market Updates By Money Maker Research

26th May Stock And Commodity Market Updates By Money Maker Research
Stock Market
Alike yesterday, today also market did a great beginning by acquiring strong signals from American and Asian Market. Major index of BSE Sensex jumped more than 300 points and reached 26,242 points while the major index of NSE Nifty jumped 80 points to 8,029 and still the up-down is going on. In today's business stock of L & t went up by 11%.

In stocks of Midcap and smallcap good buying is seen. Midcap index of BSE strengthened by 0.1% and reached to 11091. And smallcap index of BSE increased by 0.2%  and touched the level of 10976. Only BSE Healthcare and BSE Metals sector are trading red while all other sectors are trading in green. According to the experts and market analysts profitable shares for today can be Indsind Bank, Pidilite Industry, HDFC Bank and Asian Paints.

Commodity Market
Prices of crude oil crossed 50 dollars in the global market while in domestic market crude with a increase of 1.2% is trading on Rs 3,370. The reason behind this is loss of 42 barrel crude oil deposit in America and same is followed in Nigeria and Canada. Prices of gold and silver drifted up too. Gold increased 0.5% and reached the level of Rs 29,130 while with a increase of 0.75% Silver is trading on Rs 39,580. Having a sight on base metals aluminum is on Rs 104, Copper is on Rs 316  and lead is trading on Rs 110. In Agri Commodities cumin seeds (Jeera) has reached Rs 16055 in its June agreement.

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