Best Beginner Guide For Indian Commodity Market

- Indian markets are expected to remain in a range bound mood, but volatility could be seen in some sessions. Too much of activity from the traders and investors is not expected as they are waiting for the inflation (CPI i.e. retail inflation) and IIP data to come up. - ITC, L&T could trade downwards as the government might sell its stake in these two apart from ONGC, CIL and NHPC. Maruti has announced to increase its production to meet the surging demand. Tyre companies could go up as Rubber’s prices have come down. ICICI bank along with some other banks are expected to up as inflation data will give an idea about RBI’s rate hike intention. - Paint companies will remain up till crude prices are low as their margins go up. - US employment data misses estimate; supports emerging markets as chances of interest rate increase in the US goes down and make our markets attractive. Chinese inflation data comes lower than expected, economy in stress. Natural gas data from US says enough supplies to take care of the demand. Euro to remain weak on fundamentals. Gold is expected gain mildly as the day will pass by, overall trend is still weak. Free Commodity tips | Free Trial