India’s top market index Sensex and Nifty open flat today ahead of Dhanteras. Profit booking is seen on Dhanteras.Nifty banking is in green on further strengthening in INR against USD. Syndicate bank is among the top performs on BSE Chart and trading at 68.35 near today’s high of 68.90 at 11:35 IST. GHCL up 5.4% to 249.70, BBTC and BEML are other top Performers on the index. Federal Bank saw its net profit rose 31% in the quarter ended September from Rs 201 crore to 264 crores compared to the previous quarter a year ago.Religare and DCB bank are Top Losers on BSE Index Today.
On Monday Gold and silver prices fell on International markets on account of Strong USD.Which impact the prices of shares like PCJ, Titan on Indian markets. As U.S fed is trying hard to increase the Intrest Rate this year or in the starting of next year, the yellow metal may lose its shine.Today Gold is trading at Rs 29763 near its day’s low of 29725 and Silver is trading at 40035 near day’s low of 40020. Copper these days is favorite commodity of Traders the price of touched three years high and trading at 461.35 at 12pm IST after touching day’s high of 464.05. It picked the momentum after strong Chinese economic data which lifted copper’s price in the spot markets. The Chinese data raised the demand prospects in the spot markets.
Stocks to watch Today: I.T major Wipro will announce its quarterly results today.Bajaj Finserv The holding company of Bajaj group’s General insurance firm and NBFC Hit 13% increase in net consolidated profit in the quarter ended September.Godawari Power has been allocated additional 28,700 metric tonnes of long-term coal linkage in an auction.