Monday 1 October 2012

All Market are in lower open-Market View

All Commodities,Asian stock Markets&EURO r in down due to Dollar rising.So,Commodities may give lower open in MCX,But downfall can be limited by Indian rupee weakness against dollar.

Commodity

Gold                down by 10 USD
Silver               down by 30 cents
Copper            down by 3 USD
Crude              down by 60 Cents

Forex

EURO  closed at 1.2852 on Friday,Now trading at 1.2813.

Dollar Index closed at 79.89 on Friday,Now trading at 80.091.

Asia 

Nikkei 225           down by 73.34
Straits Times      down by 13.15
Taiwan Index     down by 46.75

Chinese Trading Holiday 

Due to Mid-autumn Festival &National Day:China market closed from Oct.1-Oct.7. the trading re-opens On Oct.8

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