Third Index launched by MCX Stock Exchange MCX-SX

MCX TIPS, NCDEX TIPS, COMMODITY TIPS, NCDEX PEPPER UPDATES, SUGAR UPDATE, MCX MENTHA OIL TIPS, MCS-XS TIPS,

GOLD: The precious metal Gold for April delivery shows Red signal at 30808.00 down by 7 points. It previously closed at 30815 and today it opened at 30829 in early trade. 

SILVER : The another Precious metal Silver for march delivery is green shaded . It rises by 37 points at 58283.00, it previous close is 58246 and today it opened at 58309. 

 
After NSE and BSE country has now a third index called SX40 launched by MCX Stock Exchange (MCS-SX). It is a free float based index of 40 large cap. It includes companies that have minimum free float of 10 percent and is within the top 100 liquid companies. 

Pepper price for future fell down by 0.59 percent to Rs. 38500 per quintal. Pepper for feburary delivery fell by Rs 230 with an open interest of 672 lots. 

MCX Mentha Oil future is looking bullish at current level. It was up by 1.04 percent at Rs. 1325.10 per kg at 10:44 am. Its support level is 1290 and resistance level is 1397. 

Sugar stocks will be in focus on reports that sugar prices may rise by Rs 2 per kg after April on supply constraints in the wake of expected fall in domestic output of the sweetener, rating agency ICRABSE-0.07 PERCENT has said. 

Sell Gold at 30807 Target 30787, 30767 

Buy Silver at 58282 Target 58307, 58332 

Buy Copper at 446.70 Target 454.7, 462.7 

Sell Crude Oil at 5137 Target 5127, 5117