| Dow 8516 |  | +47.07 | (+0.55%) |
| Nasdaq 1530 | | +5.34 | (+0.35%) |
| S&P 873 | | +4.65 | (+0.54%) |
Europe
| FTSE 100 4217 |  | -39.39 | (-0.93%) |
| CAC 40 3116 | | -12.20 | (-0.39%) |
| DAX 30 4629 | | -9.64 | (-0.21%) |
Asia at 9 30 AM
| Nikkei 225 8673 | | -66.23 | (-0.76%) |
| Hang Seng 14158 | | -26.58 | (-0.19%) |
SGX Nifty
2840 -39 ptsCommodities
| Light Crude (NYM) | | 39.71 | (+4.36) |
| Gold (CMX) | | 871.20 | (+23.20) |
US Markets ended Flat on the positive side. Most of the world markets after a pull back in December have started to fizzled out. Chances of further correction is highly likely. Nifty if closes below 2820 could test 2600 levels.
News Today
* Japan's industrial output took the largest drop in history in November over October, tumbling 8.1 percent
* Satyam postpones its board meet to Jan 10th, to explore strategic options. Appoints DSP Merry lynch as Outside adviser.
* Crude oil rises on the back of geo political tensions in Israel and Indo - Pak unrest.
* Obama's Economic Advisers warn of possible 10% unemployment.
* Gold shoots above 200 DMA, bullish signs if it holds $880 levels.
* China and Russia warn of very difficult economic conditions in 2009.
* Extremely low volumes of trade happening in US markets and in our markets as its a holiday season ahead of New years eve.
0 comments:
Post a Comment