Sensex sheds some gains; Tata Motors, Maruti up

Indian equities continued to gain for the sixth day on Tuesday. The Sensex having pared some of its gains in the previous trading hour, continues to trade in the positive terrain. Auto, IT and teck stocks gained, while realty and metal declined. Both Sensex and Nifty were trading above 24-month high.
At 10.57 a.m., the Sensex was trading up 124.78 points or 0.65% at 19,333.11 with 21 components gaining. Meanwhile, the Nifty was trading higher by 30.30 points or 0.53% at 5,790.30 with 30 components gaining. 
The 30-share benchmark index, BSE Sensex opened flat with a rise of 9.80 points or 0.05% at 19,218.13, while the broad based NSE Nifty started with a fall of 120.80 points or 2.10%, at 5,639.20.
Sensex Movers
Infosys Technologies contributed rise of 28.45 points in the Sensex. It was followed by H D F C Bank (24.5 points), Housing Development Finance Corporation (15.73 points), Tata Motors (10.09 points) and Bharti Airtel (8.96 points).
However, Hindalco Industries contributed fall of 7.17 points in the Sensex. It was followed by State Bank Of India (6.87 points), ACC (2.04 points), I C I C I Bank (1.2 points) and Tata Power Company (1.07 points).


Major gainers in the 30-share index were Tata Motors (2.29%), Maruti Suzuki India (2.27%), H D F C Bank (2.25%), Sterlite Industries (India) (2.19%), Infosys Technologies (1.53%), and Wipro (1.47%).
On the other hand, Hindalco Industries (2.23%), ACC (1.53%), Jindal Steel & Power (0.70%), State Bank Of India (0.61%), Reliance Communications (0.55%), and Tata Power Company (0.39%) were the biggest losers in the Sensex.
Mid & Small-cap Space
The BSE Mid and small caps underperformed their larger counterparts declining -0.60% and -0.63% respectively.
The major losers in the BSE Midcap were Core Projects and Technologies (2.09%), Alfa-Laval (India) (1.44%), Alstom Projects India (0.68%), Aban Offshore (0.64%) and Ackruti City (0.34%).
The major losers in the BSE Smallcap were Provogue (India) (2.41%), A B G Shipyard (1.51%), Aarti Industries (0.61%), Action Construction Equipment (0.6%) and Abhishek Industries (0.54%).
Sectors in Limelight
The IT index was at 5,795.94, up by 74.46 points or by 1.30%. The major gainers were Infosys Technologies (1.53%), Wipro (1.47%), Tata Consultancy Services (1.1%), Oracle Financial Services Software (0.27%) and Financial Technologies (India) (0.1%).
The Auto index was at 9,271.44, up by 117.71 points or by 1.29%. The major gainers were Exide Industries (1.34%), Ashok Leyland (0.76%), Hero Honda Motors (0.74%), Bajaj Auto (0.7%) and Bharat Forge (0.62%).
The TECk index was at 3,627.14, up by 39.93 points or by 1.11%. The major gainers were Dish TV India (2.58%), Bharti Airtel (1.46%), Oracle Financial Services Software (0.27%), G T L (0.24%) and Idea Cellular (0.2%).
On the other hand, the Realty index was at 3,607.26, down by 33.48 points or by 0.92%. The major losers were Housing Development and Infrastructure (3.35%), Indiabulls Real Estate (2.82%), Anant Raj Industries (1.07%), Sunteck Realty (0.58%) and Ackruti City (0.34%).
Market Breadth
Market breadth was negative with 872 advances against 1,911 declines.

Value and Volume Toppers
State Bank Of India topped the value chart on the BSE with a turnover of Rs. 900.51 million. It was followed by Tata Motors (Rs. 592.85 million), Reliance Industries (Rs. 575.57 million) and Tata Steel (Rs. 564.85 million).
The volume chart was led by Birla Power Solutions with trades of over 9.82 million shares. It was followed by Ispat Industries (5.96 million), Karuturi Global (5.51 million) and Cals Refineries (4.84 million).




Make Money With Online Commodity Trading

Making money is uppermost in the minds of most people; in fact, money makes the world go round. But how do we start making money? With no money minting machines or money plants around, what would be the best course of action to start making money in the market. Trading, to be more precise, online commodity trading  is a big hit, as more and more people are joining the posse of traders, who have made millions of dollars in the last few years.

Well, nothing is as simple as it sounds; the path to fame and fortune is lined with thorns. One has to slog and work hard as there are no fast solutions and shortcuts to success. You'll have to keep your eyes and ears open, always poised to notice the latest happenings and hear the recent most trends in the online commodity trading space. One should keep track of what commodity
is doing good business, what has done good business, and what will be the next big thing in the market. Here are a very few pointers passed on by the veterans in the trade to start making money and be a successful online commodity trader.

Trend following is the most basic, yet an important and vital link in the whole chain of commodity trading. You need to observe the market minutely, laying great emphasis on things that you want to trade and do business in. It is about real money, so it would be wise to research, study and analyse the market before you take the plunge. After a thorough study, deliberating on the pros and cons of it, you can finally devise an online trading strategy that meets all your financial requirements and conditions.

Then the next important thing before you open an online commodity trading account is selecting and choosing a commodity broker. These days you don't have to shell out exorbitant sum as commission for brokers, as there are many brokers specialized in online or e-trading who charge a lot less than the traditional brokers.However, it is important to zero down on an experienced and reputed broker, who can give you good commodity trading advice and guidance along with the general stuffs like charts, reports, quotes, strategy and all.

Once you get an online broker, the next step is opening an online trading account. Your broker will help you in the process, which will involve lots of forms to be filled and documents to be signed. It is very important for you to go through the documents thoroughly before signing them, reading between the lines to avoid any misgivings later.It will inform and explain to you about all the risks involved in trading. You would also need to reveal your financial statements before you open the account as there might be situations where you may lose more money than you have invested. It's for the broker to decide whether you can or cannot open an account after a thorough analysis of you financial information like your credit history, your annual earnings (income), previous experience in trading et al.

Well the most vital part comes last, i.e. the very act of trading. It is important for you to have a well thought-out commodity trading strategy or tactic in place. A lot of researches, valuable advice from old-timers, online tips, reading relevant books and doing your homework are some of the best ways to prepare yourself for the grind of  online commodity trading..


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