Sensex trades 227.54 points down in pre-noon session

Sensex trades 227.54 points down in pre-noon sessionMumbai, June 13 - For the third consecutive day, a benchmark index of Indian equities markets was trading down during the pre-noon trade. On Thursday, it was 1.19 percent or 227.54 points lower.

Selling pressure was observed in sectors like auto, fast moving consumer goods (FMCG), healthcare, oil and gas, banking index (bankex) and public sector units (PSUs); while only two sectors showed some upward movement - consumer durables and metals.

Commodity Trading Tips for Mustard by Kedia Commodity

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Ref Soya OilRef.

Commodity Trading Tips for Aluminium by Kedia Commodity

AluminiumAluminium yesterday settled down -1.62% at 106.55 as pressure mounted since last week after the US May non-farm employment increased more than expected by
175,000, implying sustained recovery of the US economy. However, this also ignited fear that the US Federal Reserve may wind down QE3. China's CPI climbed 2.1% YoY in May, but PPI shrank unexpectedly to 2.9% YoY. China's industrial production expanded 9.2% YoY in May, but was down MoM. Industrial output in the euro zone grew 1.4% MoM in April, but fell far short of the 0.9% jump in March. These disappointing data caused aluminum to snap an 8-day winning streak and shed more than

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