Dow 7396 | +178.73 | (+2.48%) | |
Nasdaq 1462 | +58.09 | (+4.14%) | |
S&P 778 | +24.23 | (+3.21%) |
Europe
FTSE 100 3857 | -6.89 | (-0.18%) | |
CAC 40 2767 | -24.38 | (-0.87%) | |
DAX 30 3988 | -56.77 | (-1.40%) |
Asia at 9 30 AM
Nikkei 225 7988 | +38.65 | (+0.49%) | |
Hang Seng 13103 | +225.28 | (+1.75%) |
Commodities
Light Crude (NYM) | 49.16 | (+1.81) |
Gold (CMX) | 916.80 | (-5.20) |
Market Data
Nifty resistance at 2844 ,support at 2773 and 2730
SGX Nifty 2789 +34 pts
Institutional Turnover
FII | DII | |||||
Trade Date | Buy | Sales | Net | Buy | Sales | Net |
17/3/09 | 1,602.29 | 1,187.17 | 415.12 | 657.66 | 810.36 | -152.70 |
News Today
* U.S. Treasury says it will make AIG pay taxpayers back for the $165 million in bonuses the insurer paid employees and deduct the money from the next $30 billion federal aid installment.
* Bailed-out insurer American International Group gave 73 of its employees bonuses of more than $1 million each, according to a letter that New York state Attorney General Andrew Cuomo sent Congress. full story
* Bank of Japan holds interest rates steady at 0.1%, says Economy to remain under stress.
* The World Bank has cut China's gross domestic product estimate for 2009 to 6.5%, a forecast that falls below the mainland's own projection of an 8% expansion this year.
* The IMF forecast that India's gross domestic product growth would slow dramaticallyto 6.3 percent in the 2008-2009 fiscal year, ending in March, and to 5.3 percent the following year.
* India's economic growth is likely to slow down further in 2009-10, to five per cent as against the Government's estimate of above seven per cent, Economist Intelligence Unit said today.
* U.S. housing starts surged 22% in February to a seasonally adjusted annual rate of 583,000, the Commerce Department estimated Tuesday.It was the largest percentage gain in 19 years and was the first increase in eight months in the sector.