Money Maker Research & Investment Advisor: Nifty above 8450, Sensex up 470 pts, Auto BANKEX Bank Nifty & Midcap index at record high

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Monday, 11 July 2016

Nifty above 8450, Sensex up 470 pts, Auto BANKEX Bank Nifty & Midcap index at record high

A fabulous week opening by Indian Stock Market broke all records of last 1 year. Sensex hiked up around 470 points and Nifty reclaimed 8450 level for the first time since August 2015. Since the whole Global Market has gained positive leads, Japanese Index Nikkei has surprised the Asian Market with its out of the league performance. Nikkei is currently trading at 15777.30 with the hike of 670.32 points (4.25%). In BSE, Auto sectors has gained 2.22%, BANKEX sector has gained 1.98%, Bank Nifty has gained 1.91% and Midcap index has gained 1.48% hike till now. Indian Commodity Market is also maintaining the same positive attitude, but few Mcx and Ncdex commodities are still trading in negative zone. In Commodity Market, except Crude oil all other commodities are trading with the minimum hike of 0.5%. In Mcx Commodity Market, Gold is currently live at 31809 with the hike of 90 points and Silver is live at 48450 with the hike of 963 points, while Crude oil is live at 3033 with the loss of 26 points. In Base Metals, Aluminium is at 111.75 hike 0.50, Copper is at 322.65 hike 4.85, Nickel is at 678.6 hike 15.0, Lead is at 123.1 hike 1.45, Zinc is at 144.75 hike 0.85 and Mentha oil is at 849 hike 4.30. In Ncdex Commodity Market, Charjddel  is at 8460 hike 32, Rmseed is at 4796 hike 49, Sybeanidr is at 3612 hike 29, Cocudakl is at 2578 hike 2, Tmcfgrnzm at 7960 loss 94, Dhaniya is at 7372 hike 104, Sugarm is at 3545 loss 18, Jeeraunjha is at 18470 hike 155 and Barelyjpr is at 1594 hike 13.5 points.

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