Dow 8078 | +141.53 | (+1.78%) | |
Nasdaq 1516 | +21.87 | (+1.46%) | |
S&P 839 | +13.07 | (+1.58%) |
Europe
FTSE 100 4164 | +86.68 | (+2.13%) | |
CAC 40 2982 | +52.34 | (+1.79%) | |
DAX 30 4375 | +103.92 | (+2.43%) |
Asia at 9 30 AM
Nikkei 225 7994 | +168.23 | (+2.15%) | |
Hang Seng 13038 | +260.73 | (+2.03%) |
SGX Nifty 2790 +20 pts
Commodities
Light Crude (NYM) | 40.78 | (+0.70) |
Gold (CMX) | 892.50 | (-14.70) |
Market Outlook:
US Markets ended in positive with Health-care sector and consumer shares rallying. Range bound trading continues with no major triggers. Nifty resistance remains at 2860-2950 levels
News Today
* US Auto sales worst since 1982, consumer confidence falls for 6 month in a row to 47 year lows.
* World's third-largest chipmaker Elpida reportedly could get $100 million or more aid from Japanese Government.
* The Obama administration is still struggling with the details of a bad bank concept.
* In India One crore job cuts possible this Fiscal ending March , says a report.
* The Obama administration is expected to impose a cap of $500,000 on the compensation of executives at companies.
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