Monday, March 7, 2011

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On 2nd Goal 2011 (Wednesday), the home investment markets shut on a optimistic observe. All 4 indexes on MCX trading in the optimistic location compared to the past near cost. Last night, in the MCX upcoming, MCXCOMDEX shut at 3521.09 up by 0.66%., while MCXMETAL shut at 4486.31 up by 0.17% , MCXENERGY shut at 3225.42 up by 1.84% and MCXAGRI shut at 2886.22 up by 0.00%.

At NCDEX, the Dhaanya, an agri investment benchmark index, was shut at 1147.80 down by 0.04%.

On the home front, precious metal commodity increased on the back of tracking global cues. May upcoming innovative as much as 0.69% to $1,441.00 per ounces on the COMEX on concern that political tensions in the Middle Eastern will fuel inflation and hamper the global recovery, boosted demand for the precious metal as a protection of wealth.

At MCX, Silver Future for May agreement shut on Thursday at Rs 21,152.00 per 10 h, up by 0.41%, after starting at Rs 21,099.00 against the past near cost of Rs. 21,064.00. It moved the intra-day higher of Rs. 21,189.00 per 10 h with a business variety of 15,205 plenty.

At COMEX, precious metal upcoming for May agreement shut yesterday at $1,437.7 per ounces, up by $6.5, after starting at $1,434.9 against the past near cost of $1,431.2 per ounces. It moved the intra-day higher of 1,441.0 with a business variety of 169,542 plenty.

Silver for Goal agreement shut at Rs 51,026.00, up by 1.77%, after starting at Rs 50,250.00 against the past near cost of Rs. 50,136.00. It moved the intra-day higher of Rs. 51,250.00 with a business variety of 781 plenty.

Yesterday at the MCX, the market depth was equal with 20 merchandise innovative and 20 merchandise dropped. In the same way at NCDEX the market depth was optimistic observe with 13 merchandise innovative and 6 merchandise dropped.

The top gainers at MCX were Raw oil for August agreement (2.64%), Raw oil for Goal agreement (2.28%), Raw oil for July agreement (2.20%), Raw oil for May agreement (2.18%), Raw oil for May agreement (2.12%) and Raw oil for May agreement (2.05%).

Similarly the top nonwinners at MCX were Normal Gas for Goal agreement (-2.20%), Normal Gas for May agreement (-2.14%), Normal Gas for May agreement (-1.97%), Zinc oxide for May agreement (-1.73%), Zinc oxide Mini for Goal agreement (-1.37%), and Zinc oxide for May agreement (-1.31%).

Moreover, the gainers at NCDEX were Light Sweet Raw Oil for May agreement (3.8%), Light Sweet Raw Oil for Goal agreement (2.4%), Silver for Goal agreement (1.1%), Steel Long for May agreement (0.8%) and Silver for May agreement (0.7%).

The top nonwinners at NCDEX were Normal Gas for Goal agreement (-4.6%), Nickel for Goal agreement (-0.8%), Birdwatcher Cathode for May agreement (-0.3%).

Yesterday at MCX, the top traded merchandise in terms of quantity were Raw Oil for Goal agreement with 193195 plenty, Silver RM for May agreement with 59971 plenty, Birdwatcher for May agreement with 55375 plenty, Silver for May agreement with 44976 plenty, Normal Gas for Goal agreement with 32914 plenty, and Silver M for May agreement with 24705 plenty.

Copper for May agreement, at MCX, shut at Rs 449.30 per kg after starting at Rs 449.50 against the past near cost of Rs. 450.90 and copper Future for May agreement shut at Rs. 452.80 after starting at 452.20 against the past near cost of Rs. 454.25.

On the Family front, oil commodity shut with a optimistic observe as these were top gainers on the Multi Commodity Exchange (MCX). Crud for May agreement increased as much as 2.88% to $102.50 per gun barrel on the New You are able to Mercantile Exchange (NYMEX) after U.S. Department of Energy showed that crude inventories dropped last week, more than expected figure. Raw oil stockpiles dropped by 364,000 boxes to 346.4 million boxes in the week ended February 25, 2011. A 750,000 gun barrel gain was projected.

Moreover, concern about spreading unrest to other part of Middle Eastern that may disrupt the oil supply also kept the oil prices in optimistic location. It innovative in New You are able to on Thursday after Libyan forces, supported to Muammar Qaddafi, attacked rebels on the new england where the country’s maximum oil is refined and shipped.

AT MCX, Raw upcoming cost for Goal agreement shut on Thursday at Rs 4,581.00 a gun barrel, up by 2.57%, after starting at Rs 4,475.00 against the past near cost of Rs. 4,466.00. It moved the intra-day higher of Rs. 4,619.00 per gun barrel with a business variety of 193,195 plenty.

Crude oil for May upcoming, at NYMEX, shut on Thursday at $102.23 per gun barrel, up by $2.60, after starting at $100.48 against the past near cost of $99.63. It moved the intra-day higher of $102.50 with a business variety of 322,429 plenty.

Natural gas for Goal agreement shut at Rs 173.20 per mmBtu after starting at Rs 176.50 against the past near cost of Rs. 177.10. It moved the intra-day low of 171.60 with a business variety of 32,914 plenty.

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