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Tuesday, April 17, 2012

Gold Updates Today>Market Trend For 18 April

Stock market Report, MCX Bullion Tips, Gold Updates, Silver Trend Today, Nifty Outlook, Intraday Stock Tips for Tomorrow 18 April :- Today Bulls Smiled on dalalstreet and finally both NSE BSE shut shop with significant gains. In the second half of trading day, positive movement in European markets provided boost to the indices. All sectoral indices closed in green with Realty, Metal, Capital Goods and Power led the rally. With buying interest ADAG group stocks, too, supported the indices well. The market breadth was positive with advances at 863 against declines of 566 on the NSE.

The best stocks at Nifty were Reliance Infra, RCom, ONGC and Reliance Power. The Sensex closed at 17358, up 207 points from its previous close, and the Nifty shut shop at 5290, up 63 points.
RBI reduced the repo rate under the liquidity adjustment facility (LAF) by 50 bps to 8%. Click--> RBI Monetary Policy
MCX Gold Updates Today: Today MCX commodity markets started negative and MCXMETAL was trading downward by 13.39 points, or 0.27%, at 4,885.24 after opening at 4,897.69. COMDEX was trading down by 8.68 points, or 0.22%, at 3,918.49 after opening at 3,926.81 in the noon. Gold dropped for a third day on concern that the European debt crisis will further weaken the euro against the dollar, trimming demand for assets priced in the U.S. Currency. Spot gold lost 0.2 percent to $1,648.73 an ounce. Both the precious metals are looking sideways down today.
GOLD (June): S1-28454 S2-28346 R1-28657 R3-28752
SILVER (May): S1-55452 S2-55127 R1-56150 R2-56524 

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