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Stocks to look out for today: 16 OCT 2017

Nifty extended its rally for the second day in a row and touched new all time high level on Friday. However, the up-move was arrested near the trend line plotted from previous crucial swing highs. Moreover, unlike the Nifty, peers such as the Sensex, Mid-Cap and Small-Cap indices couldn’t imitate the move of Nifty i.e.

MCX COMMODITY EVENING NEWS UPDATES – 11 OCT 2017

Gold Prices Lower Ahead of Federal Reserve Minutes – Gold prices were lower on Wednesday as investors awaited the minutes of the Federal Reserve’s September policy meeting later in the day, which were expected to reinforce expectations for a December rate hike. Expectations that the Fed will raise interest rates in December pressured prices lower.

INDIAN EQUITY MARKET WRAP UP – 11 OCT 2017

INDIAN BENCHMARKS: SENSEX FALLS 90 POINTS, NIFTY ENDS BELOW 10000 Benchmark indices wiped out morning gains in later part of the session today as the Sensex was down 90.42 points at 31,833.99. The Nifty ended below 10,000 level, down 32.15 points at 9,984.80. About two shares declined for every share rising on the BSE. Bharti

MCX COMMODITY EVENING NEWS UPDATES – 10 OCT 2017

Crude Oil Prices Rise as OPEC Says Market Coming into Balance –  Crude oil prices pushed higher on Tuesday after the Organization of the Petroleum Exporting Countries said Monday that there is “clear evidence” the market is rebalancing after years of oversupply. Prices remained supported after OPEC Secretary-General Mohammed Barkindo said in a speech Monday

INDIAN EQUITY MARKET WRAP UP – 10 OCT 2017

INDIAN BENCHMARKS: NIFTY ENDS ABOVE 10000, SENSEX UP 77 POINTS Benchmark indices ended higher on Tuesday backed by Reliance Industries, Infosys and HDFC Bank. The 30-share BSE Sensex was up 77.52 points at 31,924.41 and the 50-share NSE Nifty gained 28.20 points at 10,016.95. About 1,569 shares advanced against 1,141 declining shares on the BSE.

Stocks to look out for today: 10 OCT 2017

During the previous trading session, Nifty opened the session on a positive note and in morning trade it crossed the 10,000 psychological mark, however, it failed to sustain at higher levels and closed the session near the opening level. The price action of the day resulted in formation of ‘Doji’ candlestick pattern, which indicates uncertainty

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