Commodity News Today:
Bullion
MCX Gold:
Today Price of Gold are expected to bounce around 29500 to 29550 .It is advisable to be trade selling.Expected intraday range around:29550 to 29200.MCX Silver:
Silver Prices trade from 54400 to 55500.It is advisable to be trade with SL below 54400.Base Metal:
MCX Copper:
Copper Prices are expected to within the range from 427 to 428.Day traders can trade to sell with SL above 430.50 for the intraday price around 428 to 422.Nickel:
Nickel Prices are expected to move around 900 to 922.Day traders can trade within the range.MCX Lead:
Prices are expected move around 122 to 122.50.Day traders are advised to be trade to buy above 120 with SL 118.80.Energy:
MCX Crude Oil:
Today MCX crude oil prices are positive for the day.Prices expected to move around 5050 to 4940.Day traders can trade within the range.Stock News Today:
Empowered group of ministers to decide NALCO floor price today :
*Govt to sell 12.5 percent stake*Offer for sale likely on Wednesday
*Govt to fetch around Rs 1400 crore
Food Minister:
*Cabinet may decide on sugar decontrol this week.World Bank bars L&T for 6 months charges of forgery:
*World Bank says L&T senior executive involved in medical equipment bid forgery*L&T says taken steps to prevent such incidents
*World Bank sanction unlikely to have significant impact on operations
Suzlon board okays decisions pertaining to equity issuance under corporate debt restructuring Suzlon:
*To issue 78.37 crore equity shares at Rs 18.51/sh on preferential basis*78.37 crore shares to be issued to CDR lenders
*To issue 12.52 crore equity shares to non CDR lenders at Rs 18.51/sh
*Out of total, 42 crore equity shares to be issued in April
*Rest shares to be issued in 1 or more tranches till September 2014
Pantaloon India :
*To sell 22.5 percent stake in Future Generali India Life Insurance*To sell 22.5 percent stake in Future Generali India Life Insurance to IITL
*Sources say Pantaloon to sell 22.5 percent in Future Generali for over Rs 300 crore
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