Stock Trading Tips - Indian Indices Trade in the Red :- After opening the day in the green, the Indian indices witnessed volatility and booked some losses. Presently they are trading on a negative note. Sectoral indices are trading on a negative note with stocks from the healthcare , telecom and capital goods secoreading the losses.
TheBSE sensex is trading down 77 points (0.3%) and the NSE Nifty is trading down 31 points (0.4%). The BSE Mid cap index is trading down 1.4% while the BSE small cap index is trading down by 0.8%. Gold prices, per 10 grams, are trading at Rs 28,646 levels. Silver price, per kilogram is trading at Rs 37,058 levels. Crude oil is trading at Rs 2,124 per barrel. The rupee is trading at 68.32 to the US$.
Stocks in the automobile space are trading on a negative note with Escort and Maharastra Scooters leading the losses. As per a leading financial daily, Tata Motor is working on reducing the engine size for its diesel vehicles. The initiative comes in the wake of sales restrictions in this regard imposed for the Delhi-National Capital Region.
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