Today's Stock and Commodity Market Wrap & Updates by Money CapitalHeight
Indore,india, July 17, 2014 (Newswire.com) - Market Warp for Stock & Commodity
•Indian markets ended up. Nifty & Sensex jumped by 1.30 & 1.27%.
•Asia-Pacific markets mixed. Hang Seng up 0.27% & Nikkei down 0.10%.
•Wall St Mixed. European Trade Balance 15.3 B. Dow Future up 72 pts.
•Gold held above a three-week low
•Silver futures for September delivery slid 0.6 percent
•U.S. crude stockpiles slipped to the lowest level
•Aluminum, nickel and lead were slide
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Updates on Stock & Commodity Market
India's broader NSE index inches up 0.14 percent, lead by gains in defensive stocks from pharmaceutical and IT sectors on caution ahead of key earnings including Tata Consultancy Services and Bajaj Auto due later in the day.
In healthcare shares, Lupin Ltd gains 2.3 percent while Cipla Ltd is up 1.8 percent.
Infosys Ltd gains 1.6 percent, Tech Mahindra rises 1 percent and TCS advances 0.1 percent.
Asian equities gained on Thursday, lifted by another record-high close on Wall Street, while the euro probed recent lows against the dollar amid speculation the Fed is tilting toward tighter monetary policy in light of a stronger economy.
Gold ticked higher on Thursday to trade just above $1,300 an ounce as buyers emerged after a recent sharp drop in prices, but it was still near a four-week low as investors weighed the possibility of a sooner-than-expected hike in U.S. interest rates.
Brent futures held above $107 a barrel on Thursday as a sharp drop in US crude stockpiles and promising economic growth data from China indicated an improving outlook for demand in the world's top two oil consumers.