Commodity Outlook for Zinc by KediaCommodity

ZincChina's growth in refined zinc production and zinc consumption may slow in 2011. Output of refined zinc may reach more than 5.2 million tons next year, an increase of around 4 percent from an estimated output of 5.01 million tons this year, down from a growth of 15 percent in 2010. Zinc yesterday we have seen that market has moved 0.3%. Market has opened at 98.7 & made a low of 98.7 versus the day high of 99.5. The total volume for the day was at 1163 lots and the open interest was at 7131.Now support for the zinc is seen at 98.6 and below could see a test of 98.2. Resistance is now likely to be seen at 99.4, a move above could see prices testing 99.8.

Commodity Outlook for Copper by KediaCommodity

CopperCopper ended slightly down as recovery were stalls on mounting concern that demand will slow in

Commodity Outlook for Crude Oil by KediaCommodity

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Commodity Outlook for Silver by KediaCommodity

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Sensex Sheds 571 Pts; Wipro, Reliance Infra Decline

Sensex Sheds 571 Pts; Wipro, Reliance Infra DeclineThe 30-share index Sensex declined about 3% during the week ended on November 19.

During the week, the BSE Sensex also hit its two-month low, on 2G spectrum allocation scandal and feeble worldwide signals.

The Sensex closed the week after shedding 571.45 points (2.84%) at 19,585.44 as against its last week closure.

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