MCX, NCDEX Tips for Tommorow
Spot gold gained half a percent on Tuesday, snapping two straight sessions of losses, with investors waiting for the next development in Greece's debt restructuring talks as a new deadline looms. Bullion fell to a 1-1/2-week low in the previous session when Greece postponed the decision on accepting painful terms for a new bailout until Tuesday. Most markets were subdued, as investors were split over whether the wrangling over Greece would eventually be resolved or trigger contagion across other vulnerable euro zone countries.
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Stock Tips for Tommorow
It was a rangebound session in the markets today with oil & gas and banking providing support to the indices. Realty and capital goods remained the worst performers and metal and tech, too, tried to pull the markets down. The Sensex closed at 17622, down 85 points from its previous close, and the Nifty shut shop at 5335, down 26 points. The CNX Midcap index closed with 1.1% loss while the BSE Smallcap index was down 0.4% in today's trade. The market breadth was negative with advances at 447 against declines of 825 on the NSE. The top Nifty gainers were Kotak Mahindra Bank, Cairn, ITC and RIL while the biggest losers included BHEL, JP Associates, Tata Steel and RCom.
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