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niftymcx.com current market information and news :-Tracking global markets, precious metals plunged in the national capital on Saturday with gold losing Rs 700 to Rs 27,340 per 10 grams and silver slumping by Rs 5,000 per kg for the second day in a row.A benchmark index for equities slumped almost 5 % this week on turmoil in the global bourses after the US Federal Reserve said the world economy could slide into another recession. Silver tumbled by a whopping Rs 5,500 to Rs 59,000 per kg on Friday, its second biggest fall in three months, due to slackened demand at prevailing high levels amid a bearish global trend.Investors in Asia dumped stocks today as weak economic indicators from major nations intensified fears of a new global recession, although a joint call to action by the Group of 20 nations helped calm markets in Europe.The 30-stock index of the Bombay Stock Exchange (BSE) on Friday continued its slide and shed 200 points or 1.2% to close at 16162 due to uncertainty surrounding the US and Europe. The rupee tumbled by 34 paise to an almost 28-month low of Rs 49.82 per US dollar in early trade on the Interbank Foreign Exchange today as the American currency firmed up against other major rivals overseas. NIFTYMCX.COM is a very good organization for providing Calls/Tips of Equity, Future, Nifty, Mcx Commodity and all Stock Market. We are team of more than 15 people to provide best Tips to our clients, our all analysts are from top Broking field and having very good and long experience about Stock market, Nifty, Nifty Option, Mcx Commodity Nse Stocks, before generating any Tips/Call we all concentrate on all market moments and situation and we see all time high and low, we research Nifty and Mcx Market by latest tools, software and latest engines to give the best of best quality Tips to our clients, we all involve first for a single call then we take decision to produce Tips/Calls, we not only give you Tips and Calls but also we trade in same calls/Tips of Nifty, Nifty Option, Mcx Commodity and Nse Stocks Tips.As investors suffered a massive loss of over Rs 200,000 crore in a day that saw the Sensex plunge 704 points, or 4.1%, to 16,361.15, experts said that investors should take a long-term view of the capital market and take an opportunity to invest at lower valuations.Shares fell 4.13% on Thursday, the sharpest single-day drop in two years, mirroring global markets after the Federal Reserve gave a grim outlook for the US economy.Union coal minister Sriprakash Jaiswal on Thursday said the coal regulator is likely to be set up by the end of this financial yearSpot gold slipped today under the weight of a rallying dollar, after falling more than 1% in the previous session when the US Federal Reserve announced its plan to load up long-term securities and offered a grim economic outlook.Stock markets turned a sea of red today, with the BSE Sensex plunging the most in 26 months -- down 704 points to 16,361.15 -- as investors dumped equities globally on US Fed warning on the American economy, triggering fresh fears of worldwide slowdown.Waste ScrapThe BSE Sensex fell 34 points to 17,065.15 on Wednesday in volatile trading as investors booked profits amid IMF forecast of slower economic growth in India, and US Fed's policy meeting as America and Europe are feared to be headed for recession.Oil prices were mixed in Asian trade on Tuesday as a downgrade by Standard & Poor's of Italy's sovereign debt rating added to market jitters, analysts said. The BSE benchmark Sensex today shot up 354 points to cross the 17k mark as funds bought stocks of software exporting companies amid the weakening rupee, that would boost their earnings, and a firm global trend. The Indian markets are in the process of stabilisation, says Finance Minister Pranab Mukherjee.The global indices were battered through this week after Standard and Poor’s downgraded the creditworthiness of the United States.However, Asian stocks rallied in early trade, on Wednesday, inline with the global uptick after the US Federal Reserve pledged to keep interest rates near zero for at least two years.Indian equities too bounced back with benchmarks registering impressive gains.According to Mukherjee, confidence is returning to Indian markets, but adds, the recovery is likely to be gradual. “The Finance Ministry and Reserve Bank are working in tandem on stabilizing the markets,” he said adding, “there is no dearth of liquidity in the ystem.This Package is specially designed for daily earning Clients it is pure Intraday package with high Accuracy up to 90-95%, We provide all Mcx Agro Calls/Tips with entry and exit for Intraday Trading purpose to be executed and squared off on same day, we always keep you in Profit.online trading articles are here to help you while online trading the stock market, futures, emini, options and Forex currency markets. Day trade using these tips, articles and trading systems like the pivots, put call ratio and other trading indicators and setups. Take advantage of the free day trading tips and online trading articles below.The truth is that in online stock market trading professional will need all their focus and concentration in order to succeed in the stock market trading arena there are a core basis that a trader can draw the best online stock trading habits to ensure success stock market trading doesn't have to be difficult, that doesn't mean that it will be overly easy either. Most traders have a proclivity to over complicate the act of trading.Corporate News :- Despite the current challenging global outlook, Hindalco, an Aditya Birla Group company, was able to register its highest-ever consolidated revenue at $15.9billion (Rs 78,657 crore), a growth of 19% year-on-year for 2010-11. The growth is primarily based on the growing consumption of aluminiumand copper and a turnaround in its Novelis operation, for which it has been repaying the loans which it took for the acquisition in 2007.“Fortunately, despite the global outlook the aluminum sector fared better than other sectors. Likewise, refined copper consumption saw an impressive recovery in 2010, after two consecutive years of decline in 2008 and 2009,” said Kumar ngalam Birla, chairman, Hindalco.Globally, aluminium consumption stood at 41 million tonne, an increase of 20% over 34 million tonne over the previous year. Consumption for copper rose to 18.5 million tonne in 2010, clocking a growth of 8.5% over 2009, despite a 46% rise in raw material prices. “The real growth propellers have been the company’s low cost business model, operational excellence, superior product mix and the balanced and de-risked portfolio,” said Birla. Call it Semi-Bharat, if you will. As India's economy grows bigger and consumerism catches on, smaller towns and cities beyond the big metros are emerging as strategic centres for a host of big corporates trying to boost sales.With annual consumer goods spending expected to doubleover five years to about $750 billion (Rs 37 lakh crore) , a range of companies – from car-makers to computer firms, from hotels to cellphone manufacturers — are increasing focus on places such as Guwahati, Patna, and Ranchi.“The people in semi-urban India have the money, aspirations, knowledge of brands and purchasing power,” said Neeraj Garg, director of Volkswagen’s passenger cars division. Garg has often been surprised by the sales reports coming in from places like Raipur, Sonepat and Patna that show sales of about 100-150 units a month.The deals are smart even for luxury car brands.“The bulk of our sales are still accounted for by metros, where we are now well represented but there is a lot of potential for growth in tier II and III cities,” said Michael Perschke, head, Audi India.The Radisson group threw open its first hotel in Ranchi, once considered a slow tribal zone town (and now home to Indian cricket skipper Mahendra Singh Dhoni), earlier this year, while computer-maker Lenovo stepped up its efforts to reach out to consumers in Tier 3, 4 and 5 cities last year.There are strategies to match the smaller centres where affordability is critical to drive sales volumes.Lenovo launched 150-200 square-foot stores to enable the company to penetrate deeper into the small towns. There are 400 “Lite” stores across India. “LES (Lenovo Exlusive Store) Lite stores help us connect with our consumers across the length and breadth of India, particularly in the upcountry markets,” said Rajesh Thadani, director of Lenovo’s consumer business.Dell has identified 22 small cities to capture mid-market clients for hardware, software and IT services. “Out of these, we have already established our presence through our commercial channel network in the top 12 tier cities including Chandigarh, Jaipur, Surat, Baroda, Lucknow and Coimbatore,” said P Krishnakumar, director (marketing, consumer and SMB), Dell India.Electronics giant Samsung has set up branch offices in Guwahati, Ranchi and Patna and is expanding its footprint in smaller markets. Samsung is also investing in roadshows, local language advertising, exhibitions and fairs to woo the smaller areas.“Though Tier 1 and 2 cities remain big spenders, the growth in tier 2 and 3 cities is also very fast,” said Palash Nandy, vice-president, marketing, at Legrand Group India. “We would be focusing on smaller cities and towns, to achieve a 30% annual growth this year,” he added.“This year we expect the contribution of Delhi and Mumbai to drop to around 40% of our sales (from 70%)rest will come from tier II cities,” said Andreas Schaaf, President, BMW India.Most of this growth would be in smaller cities, where millionaires sprout as the economy expands
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