| Dow 8419 |  | -100.28 | (-1.18%) |
| Nasdaq 1522 | | -10.81 | (-0.71%) |
| S&P 863 | | -8.47 | (-0.97%) |
Europe
| FTSE 100 4256 |  | +6.82 | (+0.16%) |
| CAC 40 3128 | | -22.95 | (-0.73%) |
| DAX 30 4629 | | -9.64 | (-0.21%) |
Asia at 9 30 AM
| Nikkei 225 8487 | | -236.68 | (-2.71%) |
| Hang Seng 14223 | | +2.10 | (+0.01%) |
Commodities
| Gold (CMX) | | 838.10 | (-9.10) |
Market Outlook:
US Markets ended lower, both S&p 500 and Nifty are showing sideways movement near the 50 Day EMA. Being expiry today and a holiday tomorow we can expect good volatility in markets.
News Today
News Today
* US GDP report indicates recession that began a year ago is now sinking definitively into the official U.S. economic data. US economy contracts by 0.5%.
* US New home sales are at a 17 year low.
* India revises its current year growth expectations to 7% against the earlier forecast of 8%.
* World bank has banned Satyam from direct contracts on data theft allegations, Some reports says that chairman Raju is expected to resign.
* Japan's Cabinet approves record $980 billion fiscal budget to support the economy in recession.
* Wipro buys Citis IT arm for around $127 million.
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