MarketS DailY - Sep 29

US Markets:

DOW +121.07 +1.10% 11,143.13
NASDAQ -3.23 -0.15% 2,183.34

Asia at 9 AM:

NIKKEI 11,949.83 +56.67 +0.48%
HANG SENG 18,307.88 -374.21 -2.00%

SGX NIFTY : 3990 -5

Gold: $871.10 –1.43% –$12.60
Crude : $105.83 –0.99% –$1.06

News Today:

* US Lawmakers release plan of historic bailout of its Financial system.

* The plan gives US Treasury secretary tremendous powers to handle vast amounts of money.

* European financial giant Fortis partially nationalized. Three governments pour $16.4 billion into the bank.

* After Infosys, HCL makes a counter bid for U.K.'s Axon.

* According to economic think-tank NCAER, The confidence of India Inc in the country's business environment has dropped sharply.

Whats the $700 billion bail out package all about , Read More : Click here