9 January 2014

Today Morning Intraday Tips Market Updates by Money CapitalHeight


Today in Morning Time the Intraday market has opened marginally higher.  The Sensex is up 40.25 points at 20769.63, and the Nifty is up 7.10 points at 6181.70. About 267 shares have advanced, 73 shares declined, and 295 shares are unchanged in Morning time.
I wanted to highlight one of my favorite intraday trading in Asia, Chinese consumer inflation slowed to 2.5 percent in December from November's 3 percent figure, coming in below the Reuters expectations for a 2.7 percent gain while producer prices fell 1.4 percent from a year earlier. Larger gains were capped on after the People's Bank of China skipped open market operations for a fifth straight session.If we talk about Asian markets were trading almost flat in early morning trade. Japan’s Nikkei was down 1.2 percent, while Hong Kong's Hang Seng, Singapore's Straits Times remained flat. China's Shanghai Composite was up half a percent up.
In commodities, crude prices rose in early Asian trade, recovering from a six week-low in the previous session when a large build in crude stockpiles at the contract's delivery point in Cushing, Oklahoma, weighed on the market. 
From precious metals space - gold prices are little changed this morning after losses in the last two sessions, as strong US jobs data took the sheen off the metal's safe-haven appeal and with investors eyeing more data through the week for clues on strength of the economy.

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