MarketS DailY - Sep 11

US Markets:

DOW
38.19
+0.34%
11,268.92

NASDAQ
18.89
+0.85%
2,228.70

Asia at 9 AM:

NIKKEI - 12,201.89 -144.74 -1.17%
HANG SENG - 19,552.28 -447.50 -2.18%


* Rupee breaches 45 market hits a 2 year low agianst dollar

* US dollar hits 1-yr high vs euro

* Gold drops as dollar hits year high

* Reliance is facing selling pressure which is weighing on the Index.

* Two Events to watch out for are Inflation and IIP nos.

*New Zealand's central bank orders 0.5% cut in key interest rate to 7.5%

* Troubled brokerage Lehman posts $4 billion loss.

* India slips to 122nd spot in Doing Business index, lower than Pakistan and Bangladesh.

* Oil prices continues to fall as it falls to a 4 month low.

* Indian Crude basket traded below $100/ barrel for the first time since April

* The 9/11 Terrorist attacks on WTO in US : Today Marks Seven years.