Stock Market Advice, Live Stock Market, Stock Trading Tips Today

Demand for gold in India tepid despite fall in prices to a 5-year low

Gold Price Down Yet Demand Still Low.

Gold prices 25000 per 10 gram Monday by drop in overseas market low of $1,080 an ounce (31.10 gms).

Gold Touched a low of rs 24909/10 gram for august contract down 2.3% from friday close the lowest since having hit 24830 rs on June 28, 2013. Bulion than bounce back to 25113 rs per 10 gram.

gold traded atRs 25,500 per 10 gm intraday.

Gold traded at Rs 25,500 per 10 gm intraday.

People are not showing interest in buying gold despite of fall in gold price.Investors are showing their interest in investing in equities and other financial articles where they can have good results. Many who are getting married this year are going to buy some jewellery right now.But still Big jewellers and bankers showed optimistic view.

Infosys ..8.97% high trade on Tuesday. Though Company showed 1.97% QoQ fall in net profit. But IT Firms have showed positive sign of profit rs 3091 crore in the preceding Quarter.

Sun Pharma Limited showed negative trade on Tuesday by 15 .6%. The drug maker has said that its revenue in fiscal year 2016 will be flat at best and struggling to fix manufacturing problems at ranbaxy BSE 5.63.

Experts Views For Tuesday Trading

DLF Ltd. is a 'SELL' call with a target of Rs 102 and a stop loss of Rs 111'

'Ashok Leyland Ltd. is a 'BUY' call with a target of Rs 83 and a stop loss of Rs 75'

'Syndicate Bank Ltd. is a 'SELL' call with a target of Rs 97 and a stop loss of Rs 103'

Thermax Ltd. is a 'BUY' call with a target of Rs 1,200 and a stop loss of Rs 1,090'

Jain Irrigation Ltd. is a 'BUY' call with a target of Rs 81 and a stop loss of Rs 74.50.

For latest stock market live news and stock market trading tips visit: www.capitalvia.com or just give a miss call at For quick registration give us a Missed Call at 08800229500