From the morning trading session the mcx commodity products looking bearish, still they follow the same trend. The precious metals gold and silver slip by 54 points and 133 points. All the base metals follow the same trend as of precious metal.
In international market the price of wheat, soyabean oil, sugar and brent oil increases. The US coffee also rises by 0.20 percent or 0.25 points. It was last traded at 127.70. If we talk about the overall trend of the market then it is drives flat in whole day.
The energy products crude oil and mentha oil looks green today for the delivery of June month. At afternoon oil was up 55 cents to $94.29 per barrel. Yesterday it was closed at $93.74 a barrel rose by 43 cents.
Nickel sell Tgt 855/854/853 Sl 860
Cotton sell Tgt 18890/18880/18870 Sl 18930
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Sensex down 167 points closes at 24549 and the Nifty fell 41 points to close at 7318. Midcap and Smallcap stocks declined by about 0.5 per cent.
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