05:40
SHARE MARKET REVIEW
CRUDE OIL
Oil fell sharply to extend recent heavy losses as the mounting political uncertainty over Greece and the prospect for slower growth in China weighed on the demand outlook for energy.
Brent crude was down by $1.84 to $110.42 a barrel. U.S. crude fell $2.12 to $94.01 a barrel.
GOLD
The most-active gold for June delivery on the Multi Commodity Exchange (MCX) extended losses to trade 0.61% lower at Rs 28,071 per 10 grams, after hitting a low of Rs 28,045, a level last seen on April 5.Gold raced to a record of around USD 1,920 an ounce in 2011, when investors turned to the metal as a safe haven during the debt crisis in Europe. But bullion is moving in tandem with riskier assets this year, as investors turn to the safety of the dollar and the euro hits multi-month lows.
SILVER
Silver futures may also fall following the yellow metal. Silver for July delivery on the MCX was 1.17% lower at Rs 53,007 per kg. Selling is advised on rise to Rs 53,500 for a target of Rs 52,000-51,000.
COPPER
Copper is down around 2 percent for the week so far, on track for its first weekly loss in three, as recent patchy economic data in big copper consumers China and the United States as well as a deepening slump in the euro zone cast doubts on the outlook for raw material demand.
With Best Indian Share Market Tips you can make money from these markets by trading in our Intra-day & long term Stock Market Calls with great accuracy and high profitability…
Subscribe Free by Filling the TRIAL FORM...
stock tips 16 May, nifty trend 16 May 2012, nifty outlook, intraday tips for today, stock recommendations,nse tips for today, nifty futures, Stock Tips today, free stock market tips , stock market tomorrow, best stock to buy today, best share to buy/sell, which stock to buy/sell, nse tips for 16 May , nifty futures tips 16 May , stock cash tips, nifty future levels, bank nifty levels, nse intraday tips today, stock future and option tips, stock market today, stock tips free trial,MCX commodity Tips, commodity updates, MCX tips,NCDEX tips,precious metals,bullion & energy Tips, AGRI tips, HNI Pack ,bullion premium,Base metal Trend,Gold price, Silver Price,Gold levels, Silver levels, Copper levels, Lead levels, Nickel levels, Zinc levels, Crude oil levels MCX Gold Tips,MCX Silver Tips,Free Gold Tips, Silver Tips, free commodity tips,intraday commodity tips,intraday silver tips,intraday tips,MCX Commodity review ,mcx updates,best commodity tips,mcx commodity
