MarketS DailY - Mar 19

US Markets
Dow 7487+90.88 (+1.23%)
Nasdaq 1491+29.11 (+1.99%)
S&P 794+16.23 (+2.09%)

Europe
FTSE 100 3805-52.11 (-1.35%)
CAC 40 2760-6.94 (-0.25%)
DAX 30 3996+8.55 (+0.21%)

Asia at 9 30 AM
Nikkei 225 7958-14.46 (-0.18%)
Hang Seng 13060-57.26 (-0.44%)

Commodities
Light Crude (NYM)
48.14 (-1.02)
Gold (CMX)
889.10 (-27.70)

Market Data
Nifty resistance at 2867 , support at 2754 ,2700.
SGX Nifty 2800 +21.5 pts

FIIDII
Trade DateBuySalesNetBuySalesNet
18/3/091,719.901,497.76222.141,189.44663.10526.34

News Today

* The Federal Reserve announced Wednesday it would buy $300 billion of long-term Treasurys over the next six months in order to try and get credit flowing more freely again.

* The Fed also announced plans to buy an additional $750 billion in mortgage-backed securities, a move designed to lower mortgage rates.


*Troubled mortgage giant Fannie Mae planned to pay four top executives retention bonuses ranging from $470,000 to $611,000, according to a February SEC filing. full story


*The number of people unemployed in the United Kingdom has topped 2 million for the first time in more than a decade, Britain's Office for National Statistics said Wednesday.


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