MarketS DailY - Mar 20

US Markets
Dow 7401-85.78 (-1.15%)
Nasdaq 1483-7.74 (-0.52%)
S&P 784-10.31 (-1.30%)

Europe
FTSE 100 3817+11.94 (+0.31%)
CAC 40 2777+16.65 (+0.60%)
DAX 30 4043+47.14 (+1.18%)

Asia at 9 30 AM
Nikkei 225 7946-26.21 (-0.33%)
Hang Seng 12987-144.25 (-1.10%)

Commodities
Light Crude (NYM) 51.61 (+3.47)
Gold (CMX) 958.80 (+69.70)

Market Data

SGX Nifty 2788 - 13 pts
FIIDII
Trade DateBuySalesNetBuySalesNet
19/3/091,298.131,275.1323.00622.57641.32-18.75


News Today

* U.S. Treasury Secretary Timothy Geithner, confirmed the department did talk to Sen. Chris Dodd about a clause he put forth in the stimulus legislation that would have strictly limited executive bonuses. full story

* More than 1 million workers demonstrated in France Thursday to pressure the government to do more to combat the economic downturn.

* Spurred by anger over A.I.G. bonuses, the House voted 328 to 93 to levy a 90 percent tax on bonuses paid by any company owing more than $5 billion in bailout money.

* The Obama administration announced a $5 billion fund to guarantee payments to suppliers for products shipped to automakers.

* Oil jumped more than 7 percent Thursday to top $51 a barrel after the US Federal Reserve announced a new plan to fight recession and a weak dollar boosted commodities

* India’s inflation rate skidded to a record low of 0.44% in the first week of March, well on course for a widely expected move into deflationary zone.


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