Dow 8579 | -25.88 | (-0.30%) | |
Nasdaq 1564 | +11.95 | (+0.77%) | |
S&P 888 | +2.60 | (+0.29%) |
Europe
FTSE 100 4287 | -43.73 | (-1.01%) | |
CAC 40 3226 | -8.25 | (-0.26%) | |
DAX 30 4697 | -59.70 | (-1.26%) |
Asia at 9 30 AM
Nikkei 225 8710 | +121.29 | (+1.41%) | |
Hang Seng 14975 | -152.91 | (-1.01%) | |
All Ordinaries 3517 | -30.10 | (-0.85%) |
SGXNifty 3070 -6 pts
Commodities
Light Crude (NYM) | 33.87 | (-2.35) |
Gold (CMX) | 837.40 | (-23.20) |
Market Outlook:
US Markets ended Mixed on friday after the Auto bail out was opened, Nifty remains bullish technically as long as it holds above 2910 levels. Possible targets could be 3240- 3460. Expect volatility as expiry is on Wednesday and due to holiday season.
News Today
* US automakers get $17 billion aid from the TARP funds.
* US vice presedential candidate Joe Biden: The economy is 'in much worse shape than we thought'.
* Oil cracks to 5 year low of $33.
* Japan's Trade deficit widens radically to 223 billion yen as exports hit skids.
* India's biggest private firm Reliance is feeling the pinch, begins cost aggressive cost cutting measures.
* SEBI orders for a probe into satyam-maytas controversial deal.
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