Dow 8175 | +58.70 | (+0.72%) | |
Nasdaq 1505 | +15.44 | (+1.04%) | |
S&P 846 | +9.14 | (+1.09%) |
Europe
FTSE 100 4194 | -14.60 | (-0.35%) | |
CAC 40 2955 | -0.84 | (-0.03%) | |
DAX 30 4323 | -3.45 | (-0.08%) |
Asia at 9 30 AM
Nikkei 225 8128 | +67.36 | (+0.84%) |
SGX Nifty 2792 +27 pts
Commodities
Light Crude (NYM) | 41.58 | (-4.15) |
Gold (CMX) | 901.40 | (-9.30) |
Market Outlook:
US Markets ended in green, as much as 11500 job cuts were announced. All world markets are showing sideways movement since past few days. Nifty will face stiff resistance at 2850-2910 levels.
News Today
* The Treasury secretary Geithner said he would crack down on lobbying to influence the financial bailout program by companies that are receiving funds.
* U.S. President Barack Obama on Tuesday came away from meetings with congressional Republicans about his economic stimulus plan, urges swift passage of the $825 billion stimulus plan.
* At World Economic Forum in Davos, Confidence among chief executives slips to its lowest level in at least six years, according to an annual worldwide survey.
* Crude Oil futures tumble 9% on fears over energy demand, crude inventories.
* RBI keeps key rates unchanged , slashes growth forecast to 7% with negative bias.
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