Indian Market Under Pressure, Gold Silver Up

Stock Commodity HouseAfter a poor performance on Monday, today Rupee opened at 68.65 against the Dollar and slipped down to the bottom of last 30 months. Due to the excessive selling in the market, the local Indian market has received major losses and Sensex and Nifty are battling with the current market situation. At present, Sensex Live at 23410.18 with the loss of 378.61 points and Nifty Live at 7109.55 with the loss of 125 points. Most of the sector indexes have been dropped by up to 3% and all the 50 stocks of Nifty have received some losses.
In MCX Commodity Market, both Gold and Silver are trading in positive zone, although Crude oil
couldn’t maintain its leads for much longer and went down in the negative zone. Currently, Gold Live at 29178 with the rise of 212 points, Silver Live at 37100 with the hike of 119 points and Crude oil live at 2254 with the loss of 75 points. Except Mentha oil all other base metals are trading in negative zone with minor losses.

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