The rupee has today reached a height of 7.5 months . Price of $ has fallen by 50 paise to Rs 60 . . Of course the strong rupee has had a major impact on the domestic commodity markets . MCX gold and silver has become sluggish trade at 29079 down 76 or 0.28% . Crude oil declined . Has increased pressure on food oils .
Base metals are seeing today is a slight edge. Copper prices have again gone beyond Rs 400. The second metal is too strong. 0.2% lead and zinc has gained 0.5% . But looks flat aluminum and nickel.
Mcx silver sell 44210 target 43740/43640/43540 stoploss 44650
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