Commodity Market Live Gold News Update

Gold futures were trading lower during the afternoon trade in the domestic market on Monday as participants cut down their bets amid a weak global trend. Analysts attributed the fall in prices to trimming of positions by participants, tracking a weak trend in the global market, as the US dollar firmed up and the euro edged lower on political developments in Germany.

At the MCX, gold futures for October 2017 contract is trading at Rs 29518 per 10 grams, down by 0.23 per cent, after opening at Rs 29510, against a previous close of Rs 29585. It touched the intra-day low of Rs 29510.

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STOCK RECOMMENDATION FOR MONDAY

SCRIPT NAME	RECOMMENDATION	LEVEL
BHARAT WIRE	BUY ABOVE	89.50
8K MILES	BUY ABOVE	511.00
D MART	SELL BELOW	992.00
ITDC	SELL BELOW	491.00

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SHARE MARKET NEWS :- TOP STOCK OF THE DAY

The Sensex was up 21.25 points at 30592.22, while the Nifty was up 5.30 points at 9443.55. The market breadth was narrow as 447 shares advanced against a decline of 312 shares, while 39 shares were unchanged.

Results Today :- Reliance Comm, Prakash Industries,Godrej Industries,GAIL ,SRF,Sharda Cropchem

Reliance Comm Says

CARE Downgrades Co’s Long-Term Loans To BB From A-; Put On Credit Watch

CARE Downgrades Co’s Short-term Loans From A2+ to ‘A4;

CARE Puts Co’s Loans On Credit Watch With Developing Implications

Prakash Industries

Issuance of New FCCBs

Shipping Corporation of India (SCI)

Has given physical delivery of its 1 container vessel m.v. ‘Indira Gandhi' to its buyer

Godrej Industries

Cons Net Profit At Rs 95.2 Cr Vs Loss Of Rs 57 Cr (YoY)

Cons Revenue Up 6.9 percent At Rs 1,982 Cr Vs Rs 1,854.2 Cr (YoY)

GAIL

Net Profit At Rs 260 Cr Vs CNBC-TV18 Poll Of Rs 1,122 Cr.

Revenue At Rs 13,674.1 Cr Vs CNBC-TV18 Poll Of Rs 12,888 Cr.

SRF

Cons Net Profit At Rs 129.2 Cr Vs CNBC-TV18 Poll Of Rs 111.4 Cr.

Cons Revenue At Rs 1,416.4 Cr Vs CNBC-TV18 Poll Of Rs 1,188 Cr.

Sharda Cropchem

Cons Net Profit Down 1.6 % At Rs 98.7 Cr Vs Rs 100.3 Cr (YoY).

Cons Revenue Up 13.7 % At Rs 594.9 Cr Vs Rs 523.4 Cr (YoY).

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