MarketS DailY - Sep 25

US Markets:

DOW 29.00 -0.27% 10,825.17

NASDAQ 2.35 +0.11% 2,155.68

Asia at 9 AM:

NIKKEI 12,019.73 -95.30 -0.79%
HANG SENG 19,171.94 +209.95 +1.11%

SGX NIFTY : 4160 -30

Gold: $888.40 –0.19% –$1.70
Crude : $105.83 +0.09% +$0.10

News Today:

* US President George Bush issued a warning that they are in the midst of a financial crisis and failing to act quickly will put them in a deep recession.

* Legendary Investor Warren buffet has said the bail out is the only option left and is necessary at this point of time.

* Warren Buffett said on Wednesday his Berkshire Hathaway Inc insurance and investment company would consider buying some units from American International Group Inc.

* Vedanta Group drops rejig plans citing market conditions and investors feedback.

* China tells its banks to stop lending to US financial Firms.

* Anil Ambani files a defamation case against his brother Mukesh Ambani for a comment he made in Newyork times magazine.