Today's Stock Market Calls

 STOCK CASH CALL- BUY SUNTV @1010 TGT 1022-1035 SL 999

STOCK FUTURE CALL- SELL DLF @259 TGT 258/257 SL 260.50

STOCK CASH CALL- SELL R CAPITAL @595 TGT 591-586 SL 601

LME Stocks:

Aluminium -1,075 T,

Copper -50 T,

Zinc -1,550 T,

Lead +75 T,

Nickel +726 T and

Tin -55 T

🔔 Commodity Opening Bell 🔔

Commodity - Open – CMP

Bullion – Opens on Neutral Note

Gold –     28484-28484
Silver –     37470-37466

Energy – Opens on Mixed Note

Crude Oil –     3734-3731
Natural Gas –   167.4-167.60

Base Metals – Opens on Mixed Note

Aluminium –   136.2-136.25
Copper –        454.5-454.40
Lead -              159.2-159.25
Nickel –          765.1-764.60
Zinc –              206.35-206.50

Agri – Opens on Negative Note

Soyabean –   3068-3067
Soyaref –      715-713.80

Daily Mcx Commodity Outlook

Gold prices traded firm on Monday to mark fourth consecutive winning day, as the dollar retreated amidst the implementation of tax bills in the ?US. Spot gold recovered towards $ 1264/ounce on Monday recovering from lows of $ 1252/ounce tested on Friday.

The non-commercial futures contracts of Silver futures, traded by large speculators and hedge funds, totaled a net position of 9,914 contracts in the data reported through Tuesday December 12th. This was a weekly reduction of -21,512 contracts from the previous week which had a total of 31,426 net contracts.



Outlook- Gold prices are expected to trade firm in today’s trade, while any recovery in the dollar is expected to keep the gains under check, the ease in the geopolitical tensions around Brexit would further ease the global uncertainties at that front. The implementation of tax reforms on gold looks positive at this point of time as the lower tax would lift inflation and support gold prices. In the data release building permits and housing starts from US will be released. For the day we recommend a buy in gold and silver.

Indian Rupee Opens Higher

The Indian rupee opened higher at 64 per dollar on Wednesday against previous close 64.03.

Corporate bonds are under pressure amid quarter-end position adjustments. We expect credit spreads to remain wide until FPI buying emerges in early 2018.

Today's Indian Rupee Update

The Indian rupee opened marginally higher at 64.22 per dollar on Tuesday against previous close 64.24.

Daily Indian Rupee Update

The Indian rupee declined in the early trade on Wednesday. It has opened lower by 13 paise at 64.53 per dollar versus 64.40 Tuesday.

Expect 10-year bond yields to trend towards 7.39 percent in the near-term in absence of any buying support. That said, expect value buying to emerge at those levels

Daily Market Closing Bell

The Sensex closed down 227.80 points or 0.68% at 33227.99, while the Nifty was down 82.10 points at 10240.20. The market breadth was negative as 993 shares advanced against a decline of 1,679 shares, while 149 shares were unchanged.

ONGC, Dr Reddy’s Laboratories, and Adani Ports were the top gainers, while Coal India, Hero MotoCorp, HPCL and Bharti Infratel were the top losers.

Indian Rupee Opens Lower at 64.41 per Dollar

The Indian rupee opened lower by 5 paise at 64.41 per dollar on Tuesday versus previous close 64.36.

In India, the 10-year benchmark yield has been slowly moving up. All eyes are on next inflation numbers. Expect the 10-year yield to remain elevated and move towards 7.25 percent gradually

Indian ADRs Ended Higher on Monday

In The Banking Space

ICICI Bank was up 0.83 percent at USD 9.71

HDFC Bank rose 1.44 percent at USD 96.98.

In The IT Space

Infosys gained 1.15 percent at USD 15.86

Wipro added 2.29 percent at USD 5.36.

In The Other Sectors

Tata Motors advanced 0.82 percent at USD 31.84

Dr Reddy's Laboratories rose 1.02 percent at USD 34.58.

Daily Market Closing Bell

Equity benchmarks ended higher for third consecutive session as investors await Federal Reserve policy decision and exit poll on Gujarat assembly elections.

The 30-share BSE Sensex was up 205.49 points at 33,455.79 and the 50-share NSE Nifty gained 56.60 points at 10,322.30.

Indian Stock Market Live Updates

Equity benchmarks extended previous day's rally on Monday morning as all sectoral indices traded in green. Positive global cues after strong US jobs report also supported the market.

The 30-share BSE Sensex was up 141.65 points at 33,391.95 and the 50-share NSE Nifty rose 43 points to 10,308.70.

SBI, Axis Bank, UltraTech Cement, Bharti Airtel, Maruti Suzuki, HDFC and Eicher Motors were early gainers while Infosys and HUL were losers.

The Nifty Midcap index was up 0.4 percent. Ucal Fuel surged 20 percent while Arvind, Jet Airways, Motherson Sumi, Redington India, Sharda Motor, Kaveri Seed, Thyrocare and Shriram EPC rallied 1-13 percent.

Indian Rupee Updates

The Indian rupee opened flat at 64.45 per dollar on Monday against Friday's close 64.45.