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Copper Updates Copper in London jumped by the most in almost a month on expectations that a recovering Chinese economy will boost demand from the largest user. Metal for delivery in three months gained as much as 1.7 percent to $7,945.25 a metric ton on the London Metal Exchange, the most since Nov. 29, and was at $7,926.50 as of 10:08 a.m. Shanghai time. The market was closed for two days for public holidays. Copper for April delivery on the Shanghai Futures Exchange gained 0.6 percent to 57,480 yuan ($9,217) a ton. Chinese industrial companies’ profits rose 22.8 percent in November from a year ago to 638.5 billion yuan, the National Bureau of Statistics said on its website today. That compared with gains of 20.5 percent in October and 3 percent in the first 11 months of the year. Gold Live Updates According to analysts, gold prices are likely to settle around Rs 29,000 to Rs 32,000 per 10 grams in the near term due to better economic growth expectations and expected rate cu...

 Sensex up by 30 points, Auto sector is moving on up side. M&M Finance shares were up around 3 percent to Rs 1147. According to a report in The Economic Times, more than two-thirds of non-banking finance companies will be out of business if the Usha Thorat panel recommendation on minimum asset size of Rs 25 crore is implemented. Such a development could benefit the larger and more established NBFC players by way of reduced competition. Bajaj Finserv was the other notable gainer in the NBFC space, up around 2 percent to Rs 920. Tata Motors shares were up 2 percent to Rs 312 on a report in the Mint that Tata Nano was among the top 10 best selling cars of 2012.

The BSE Sensex gained 13.09 points or 0.07% and settled at 19255.09. The index touched a high and a low of 19347.64 and 19237.26 respectively. 12 stocks were seen advancing while 18 stocks were declining on the index (Provisional) The BSE Mid-cap index was up by 0.36% and Small-cap index was up by 0.32%. (Provisional) On the BSE Sectoral front, TECk was up by 0.95%, Realty up by 0.91%, IT up by 0.87%, Health Care up by 0.81% and Auto up 0.46% were the top gainers, while Metal down by 0.53%, Oil & Gas down by 0.43%, Consumer Durables down by 0.16%, PSU down by 0.14% and Capital Goods down by 0.07% were the losers in the space. Nifty Updates The S&P CNX Nifty gain 8.85 points or 0.15% to settle at 5,856.55. The index touched high and low of 5,871.90 and 5,844.70 respectively. 31 stocks advanced against 19 declining on the index. (Provisional) The top gainers on the Nifty were Tata Motors was up 2.71%, Sun Pharma was up 1.82%, DLF was up 1.80%, Lupin was up 1.75% and Wipro wa...

BSE Market Outlook The BSE Sensex lost 216.14 points or 1.11% and settled at 19237.78. The index touched a high and a low of 19394.55 and 19221.12 respectively. 2 stocks were seen advancing while 28 stocks were declining on the index (Provisional) BSE Mid-cap and Small-cap index ended down with loss of 1.50% and 1.41% respectively. Nifty Outlook The S&P CNX Nifty lost 70.65 points or 1.19% to settle at 5,845.75. The index touched high and low of 5,888.00 and 5,841.65 respectively. 2 stocks advanced against 48 declining on the index. (Provisional) The top gainers on the Nifty were ITC was up 0.82% and TCS was up 0.48%. Get all Live Stock Updataes

Live MCX Copper Tips -Copper MCX Can Buy from the price of 436 and hold it till the level of 440.   Copper futures slipped to a three-week low as stalled U.S. budget talks and speculation that stronger economic growth could limit the duration of Federal Reserve support for the economy sent investors to the exits. The most actively traded copper contract, for March delivery, fell 6.95 cents, or 1.9%, to settle at $3.536 a pound on the Comex division of the New York Mercantile Exchange, the lowest settlement price since Nov. 28. Copper's fourth consecutive decline came on concern that the pending package of U.S. government spending cuts and tax increases set to take effect in January may drag the country into recession.

Stock Tips Buy TCS  for Mid Term Profit At - 1259.60 Tgt - 1273.45, 1292.50 SL - 1230.25

Rupee Lost 35 Paisa The rupee lost 35 paise to trade at nearly one-month low of 55.20 against the US dollar in early trade on Friday at the Interbank Foreign Exchange market on continued demand for the American currency from importers. Forex dealers said besides dollar’s gain against the euro in the overseas markets, increased demand for the American currency from importers and a lower opening in the stock market also put pressure on the domestic currency. Stock Market Live Updates The BSE benchmark Sensex fell by 115.50 points, or 0.59 per cent, to 19,338.42 in the early trade. Indian shares extended loses in late morning trades on Friday tracking weak Asian stocks after US House of Representative Speaker John Boehner said that a proposal to avert automatic spending cuts and tax increases failed to muster enough support thereby raising concerns that the world's biggest economy may slip into recession next year. At 10:20AM, the Bombay Stock Exchange's Sensex index slump...