Thursday Market Live, Crude Oil Up But MCX Commodity Down

On Thursday Morning Session, the Indian Stock Market gave an amazing opening. Both Sensex and Nifty is trading with positive leads. Bse Sensex Live at 24498.28 with the hike of 255.30 points (approx 1%) and Nse Nifty Live at 7441.10 with the hike of 72.25 points (approx 0.98). In Currency Market, Indian Rupee strengthen up by 15 paise against the Dollar and opened up at 67.40.
The Mcx Commodity Market is moving under high pressure, although Crude oil is performing better but all the Base Metals are in negative zone. Currently, Gold Live at 29266 with the drop of 73 points, Silver Live at 35920 with the loss of 131 points and Crude oil Live at 2354 with the hike of 13 points. For more latest updates keep visiting to our blog.

Market News on BHEL's New Project with Tata Motors Vehicle's Price Updation

Bharat Heavy Electricals Limited has received a Rs 5000 crore worth Power Project in Tamilnadu. This new project has made a huge impact on BHEL Stock and as per the latest updates BHEL is currently moving up with the hike of 7.82%. Siemens has announced to sell its Health Care Business to its parent company on the 4th of March. After this announcement Siemens Stock jumped up by 27 points and currently trading at 1053 with the lead of 2.68%. Experts say, there is a great upcoming for Siemens in the near future. 

According to the RBI, the Foreign Institutional Investment in Tata chemicals have reached its limit and there is no way to invest any further in the current situation. Company stock hasn't shown any activity till now, but can show higher movements in next few days.  After the SES increment in this Budget, Tata Motors has increased the price of Passenger Vehicles by 2000 - 35000 rupees. Same increment is expected from other Auto Manufacturing Companies and this hike will definitely affect the company stocks.

Soybean prices a mild recover on short covering @ Latest Update by Money Maker

NCDEX Soybean futures opened the on negative note extending its yesterday’s gains on short covering Traders and investors were on buying spree in anticipation of announcement of import duty hike in the budget.

The Soybean futures are forecast to trade on a negative note during the day on emergence of selling pressure Commencement of harvesting of rabi Oil seeds will pressurize the entire Oil seeds complex including soybean. Sell on high is recommended for the today’s trading session.

 @ Buy NCDEX Soyabean April Around 3,700 Targets 3,850 Stop loss 3611