26 December 2013

Today Intraday Tips for Day Trading and Intraday Market Updates

Today The Intraday market has opened in the green territory. The Sensex is up 26.86 points at 21059.57, and the Nifty is up 1.70 points at 6270.10. About 316 shares have advanced, 82 shares declined, and 27 shares are unchanged.
The Indian rupee opened flat at 61.85 per dollar versus 61.80 Tuesday. The dollar hit a five-year high against the yen on Thursday and held firm against other currencies on expectations the US economy will continue a solid recovery, allowing the Federal Reserve to gradually withdraw its stimulus next year.
Asian Intraday markets extended the week's gain on strong retail buying. Nikkei has raced to a fresh 6-year high in early trade supported by a weaker yen. Investors are now eyeing Shanghai post the release of Beijing's five-year plan to fight corruption. 
In the currency space, the dollar hit a five-year high against the yen on Thursday and held firm against other currencies on expectations the US Economy will continue a solid recovery, allowing the federal reserve to gradually withdraw its stimulus next year.
In commodities, crude prices inch up in early trade with Brent nearing USD 112 per barrel with Nymex trading below USD 100 per barrel. From precious metals space, gold id trading above USD 1200 although a tad weak, while silver is down a quarter of a percent.

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