14 May 2014

Free Intraday Trading Tips Latest Updates for Indian Share Market

After heavy buying seen on Tuesday, the intraday market seems to have taken a breather today. The Sensex is up 11.48 points at 23882.71, and the Nifty is up 3.25 points at 7112.00. About 386 shares have advanced, 91 shares declined, and 22 shares are unchanged. M&M, ICICI Bank, Tata Motors, Maruti and Infosys are top losers. Tata Steel, ITC, Cipla, Sun Pharma and NTPC are big gainers in early morning.
In Europe, markets closed higher as investors mulled on hopes of new measures by the European Central Bank to be announced soon. In the currency space, disappointing US retail sales data for April pulled the dollar off a one-month high against the euro on Tuesday.
In commodities, crude oil prices climbed to two-week highs on expectations for another draw on stocks at contract's delivery point. Meanwhile, Brent edged up, as traders doubted that Libyan oil exports would soon rebound.
From precious metals space, gold rose marginally as the metal is often seen as a safe-haven investment at times of political uncertainty. Meanwhile platinum and palladium retained its sharp gains made overnight on worries that increasing labor tensions in major producer South Africa could hurt supply.

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