MCX Gold Updates & Rail Budget

RAIL BUDGET 2012-13|MCX Bullion Outlook|Silver Trading Trend|Base Metals|MCX Gold Updates|Commodity Market News And Live Rates For Today 14 March|Intraday NSE Stock tips for Tomorrow 15 March:-

Gold Updates :-Prices of gold on weighing down by strong US dollar traded moderately lower. US dollar got strength from the US Federal Reserve. The news that it will continue to rebalance the debt portfolio towards long term securities has also given strong support to dollar. Its effect was seen in glittering metal and this disappointed the bulls of this precious metal. In yesterday's trading MCX Gold April contract was declined around 0.7 percent. It touched an intra-day low of Rs 27,760/10 gms . Finally on yesterday it ended its trading session at the level of Rs 27,832/10 gms.

COMEX Gold (Apr) : Support at US$1,660/ounce and Resistance at US$1,706/ ounce.

MCX Gold (Apr) : Support at Rs 27,570

GOLD (Apr) : Closing-27832 S3- 27525 S2- 27650 S1- 27725 R1-27950 R2-28075 R3-28200

GOLD (Apr) : Sell Around 27900 Tgt1- 27800 Tgt2- 27725 SL- 28000

RAIL BUDGET 2012-13: Highlights

• Focus of Budget: Safety, consolidation & decongestion.
• To up Suburban train fares by 2 paise/km.
• Minimum platform ticket fare will be Rs 5 per ticket.
• Second class travel cost for 375 kms to rise by Rs12.
• Urge state governments to grant free land for new line projects.
• Fares in future may be linked to fuel prices.
• Fares hiked by 5 paise per km for sleeper class.
• For AC III tier increase of 15 paise per km, AC II tier increase of 20 paise/km, AC I increase of 30 paise/km.
• 75 new express trains, 21 passenger trains to be introduced.
• 900 stations to be upgraded; some to airportstandards.
• To electrify 6500 km line in 12th plan. Get Free Tips Fill the *FREE TIPS FORM*
  
•  

Budget 2012-2013 Expectations Of Stock Market

Highlights Of Budget 2012-2013|Rail Budget|Union Budget|Indian Budget 2012-13 & Its Effect on Stock Market|News For Upcoming Budget|Impact Of Budget On NSE BSE|Indian Budget & Economic Outlook|Tips To Trade During Budget|Nifty Outlook & Intraday Stock  Trading Tips For Monday 12 March:-

Important Dates:-

• 12th March -IIP Number
• 14th March - Rail Budget
• 15th March - RBI Policy
• 16 th March - Union Budget

Share markets are likely to remain volatile ahead of Budget, in the views of market experts. The most important thing that markets to watch out for would be to see some action on the mining and land acquisition bills.  All the stocks, registered in NSE BSE and categorized in various sectors has their own expectations from budget based on different factors. Capital Goods, Infrastructure, Real Estate, Automobile and Banking have various demands and hopes that may fulfill in the upcoming budget. NSE BSE Tips to trade in this duration is to stock to banks as investors has seen a big set back after the results of Uttar Pradesh assembly election.

Highlights & Expectations From The Budget 2012-13:

• Govt may enhance tax deduction for housing loans
• Increase health care allocation to 2.5% of GDP
• Cable sectors need to be given infrastructure.
• Assocham's recommendations for agricultural sector
• Exclude from GST, withdraw taxes on cycle industry
• Incentive needed for enhancing spending on R&D: Pharma sector
• The Parliamentary standing Panel wants no I-T till Rs 3L, new slabs
• Focus on farm sector productivity, not subsidy in Budget: M&M
• Poll results may result in slower reforms, populist budget
• Economy to grow 7.5 to 8% in 2012-13
• Economic expansion possible if global cues favourable
• Economic Survey to have new chapter on global imbalances
• Railways to earn Rs 20k cr from freight hike
• Fare hike? Railway minister keeps everyone guessing
• MPs play truant, skip crucial railway feedback meet
• Panel moots Rs 5k cr railway safety cess
• Budget to be finalized after poll results
• Pranab Mukherjee holds discussions with financial regulators

Click & Get STOCK & NIFTY TIPS FOR TOMORROW