Today currency market also seen in positive note after loss in early trading, in opening rupee breached up to 90 paisa against USD but after half an hour rupee get strength and close in bullish zone, Rupee closed at 65.69 after gain 86 paise.
The 30-share Sensex ended at 18,619.72, up 218.68 points or 1.19 per cent, Sensex also perform as currency which was also down at opening, sensex was below over 100 points which is today low of 18272.76 and high of 18679.26 in trade day.
The 50- share Nifty finished at 5471.80, up 62.72 points 1.16 per cent, Nifty hit low of 5360.20 and high of 5493.30 in trade day.
The government on Friday raised the import tariff value of gold to $461 (previous was $432) per ten grams and of silver to $803 (which was $697) per kg as prices of the precious metals touched all-time high this week.
Due to that commodity market declined in Indian currency forces Indian commodity market in downside , from morning a whole market trade in downside with a red bearish sign. Crude oil for future delivery slip by more than 3% and touch a low of 7161 per barrel. In India most trading commodity gold and silver also are not in good position a traded in downside due to correction in Indian currency. On evening trade for negative trend is looking with small gain around 8:30 pm.
SELL GOLD OCT 32650 TGT 32600, 32500, 32400
SELL SILVER SEP 53700 TGT 53550, 53400, 53000 STOPLOSS 54400
SELL CRUDE OIL BELOW 7210 TGT 7180, 7150, 7100 STOPLOSS 7300