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Friday, 17 May 2013

Continued growth in the Share Market, But Gold are under pressure

Thursday's recovery in the international gold market has come under pressure again. Comaks Gold is currently trading below $ 1,390. Comaks silver under pressure and is trading around $ 22.5. Naimaks slipped 0.25 per cent, while crude oil is trading below $ 95.

Share TipsMCX Gold in terms of the domestic market dropped 0.5%, is trading at Rs 26 040. Silver is around 42,900 to 1%. Despite the fall in the rupee against the dollar has shown weakness in gold.

However, a slight increase of 0.1% MCX crude oil is trading at Rs 5210. Natural gas has risen to around 216 rupees, while 0.2% higher. MCX base metals has gained 0.1-0.3%. Copper at Rs 401 is trading higher by 0.2%. Aluminum 0.1%, 0.3% nickel, 0.25% zinc and lead gained 0.1%.

Meanwhile, the June futures on NCDEX turmeric, which gained nearly 2% is trading above Rs 6130. However MCX potato has dropped nearly 1%.

Reliance Capital outlook is still good according to Get Share Tips. However, the results are a little disappointing. Reliance Capital will perform well in the next 1.5-2 years. Easily share is Rs 600. Should by no sale of Reliance Capital.

ITC is not likely to get much in return. So the notion of just 6 months out of the ITC funding in other stocks.

Lupin has seen steady improvement in performance. Lupin The results are quite good. In terms of performance - with the company's share price has also increased. Investor shares should benefit from the short-term outlook. But if you stay long term perspective.

Investors should remain invested in Adani Port. Given the results are expected to improve company performance. Adani Port shares could easily go up to Rs 180-200. Unity Infra Projects Escorts and in addition investors can invest for the long term. Escorts throughout the year is Rs 95. Unity Infra to show the price of Rs 65.

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