| Dow 8200 |  | -248.42 | (-2.94%) |
| Nasdaq 1490 | | -56.82 | (-3.67%) |
| S&P 843 | | -29.17 | (-3.35%) |
Europe
| FTSE 100 4181 | | -218.51 | (-4.97%) |
| CAC 40 3052 | | -145.89 | (-4.56%) |
| DAX 30 4422 | | -214.59 | (-4.63%) |
Asia at 9 30 AM
| Nikkei 225 8102 | | -336.07 | (-3.98%) |
| Hang Seng 13071 | | -633.43 | (-4.63%) |
SGX Nifty 2720 - 99 pts
Commodities
| Light Crude (NYM) | 36.60 | (-0.68) |
| Gold (CMX) | 808.80 | (-11.90) |
Market Outlook:
US & Europe markets fell sharply in yesterdays trade, the correction happening is starting to take momentum. A mixed bag of bad news pulled down markets in US. Nifty gave a good pull back but today it will lose the gains and up ward momentum, Supports will be 2750,2680
News Today
* Dow Has Worst Start to a Year Ever,The Dow Jones Industrial Average lost 248.42, or 2.9 percent, to close at 8,200.14, bringing its losing streak to six sessions and its loss in that time to a whopping 10 percent.
*Canadian telecom giant Nortel files for bankruptcy.
* U.S. retail sales plunge 2.7% in December.
* Apple CEO Steve Jobs stunned shareholders and the tech world by announcing he is taking a medical leave until the end of June.
* FED's Beige book says Economy continued downswing through early January.
* Filtch rating agency downgrades Unitech, says it has to clear dues of Rs 1100 crores by January.
* Bank of America shares hit a 52-week low after a Wall Street Journal report that it's near receiving billions more in US aid.
* As recessions deepens, Web giant Google axes about 100 employees in recruiting.
* As Citi Group plans to dis integrate its units, analysts raise concerns over the survival of citi.
* Indian Government rules out bail out option for Satyam, PWC its auditor admits goof up in accounts.
* Japan's core machinery orders. considered a weathervane for industrial activity, fall a record 16.2% in November.
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