Tuesday, June 7, 2011

MCX-NCDEX Market Hot News and Tips

MCXMETAL is trading upward by 26.03 points, or 0.58%, at 4,519.09 after opening at 4,495.22. Meanwhile MCXENERGY is trading down by 21.47 points, or 0.67%, at 3,198.07 after opening at 3,210.78. MCXAGRI is trading down by 13.56 points, or 0.52%, at 2,594.21 after opening at 2,605.85.

Crude oil is trading today on the decline. On MCX, crude oil declined by nearly 1 per cent. NYMEX While the crude oil has come down to $ 100. Markets because of the lack of inward mentha oil is traded on the decline.

Gainers at the MCX were COTTON CAKE AKOLA - August contract, (3.01%) with open interest of 5, Cardamom - July contract, (1.64%) with open interest of 108, Wheat - September contract, (1.38%) with open interest of 13, COPPER1KG - August contract, (0.74%) with open interest of 22,010, and Wheat - August contract, (0.68%) with open interest of 450.

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