The market has made slight recovery
as the Nifty reclaims the crucial 8100-level. The 50-share index is 8111.15,
down 10.30 points. The Sensex is up 12.53 points at 27102.95. About 1546 shares
have advanced, 1289 shares declined, and 99 shares are unchanged.
Tata Motors, ITC, ONGC, ICICI Bank and Hero
MotoCorp are top gainers in the Sensex. Among the losers are Cipla, BHEL, Tata
Steel, Hindalco and Infosys.
Silver's sell-off extended to a
second session on Monday, with the metal tumbling to a four-year low, as
investors unwound long positions amid strength in the dollar and the
possibility of a sooner-than-expected U.S. rate hike.
Weakness in gold, which fell to its
lowest since January and was edging close to breaking below USD 1,200 an ounce,
also weighed on silver and other precious metals. The precious metals group has
seen sharp losses in recent days as the dollar index hit a four-year high last
week on expectations the world's biggest economy will see the start of its
rate-tightening cycle sooner-than-expected. More information please visit site www.bigprofitbuzz.com
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