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Monday, 6 May 2013

Share Tips : Gold and Silver is trading strong

Despite strong domestic markets to international markets is beginning to cool. 19 572 index fell 4 points are open at 5945 and Nifty gained 1 point. Shopping has surged in early trading.

Share tipsIn the international market, gold - silver is trading strong. Comaks gold with 0.75 per cent is trading around 1,475 per ounce. Seen in silver is about 1 per cent and prices are currently above $ 24 per ounce.

Crude oil is also good to move upwards. Naimaks crude oil is trading with a gain of 1.5%. The price was closer to $ 97 per barrel.

IT, technical and metal stock has climbed 1%. Power, Oil & Gas, Healthcare, consumer durables, auto and FMCG stocks is 0.6 to 0.2%. Government stocks is idling.

The bank's shares slipped 0.75%. Selling pressure on capital goods and realty stocks. Nifty stocks Hindalco, TCS, Tata Steel, HCL Tech, Asian Paints, Sesa Goa, Infosys, Bharti Airtel, GAIL, Cairn India, Jindal Steel, Bajaj Auto, Reliance Infrastructure has climbed from 1.5 to 1%.

Reliance Communications has seen strong positive growth in the last few trading session. The forward movement of the stock is showing a positive trend. RCOM shares in such a short period can be seen in the levels of Rs 118-120.

PNB, Kotak Mahindra Bank, HDFC Bank, ICICI Bank, Axis Bank, Grasim, SBI, BPCL, IndusInd Bank, Bank of Baroda has fallen from 1.25 to 0.75%.

Friday's Non Farm Pay - roll on the back of the great figures in American markets firmed up by 1% Dow Jones touched 15,000. S & P 1600 Index came across.

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