| Dow 7776 |  | +497.48 | (+6.84%) |
| Nasdaq 1556 | | +98.50 | (+6.76%) |
| S&P 823 | | +54.38 | (+7.08%) |
Europe
| FTSE 100 3953 | | +109.96 | (+2.86%) |
| CAC 40 2870 | | +78.43 | (+2.81%) |
| DAX 30 4176 | | +107.63 | (+2.65%) |
Asia at 9 30 AM
| Nikkei 225 8332 | | +116.08 | (+1.41%) |
| Hang Seng 13568 | | +120.83 | (+0.90%) |
Commodities
| Light Crude (NYM) | 53.80 | (+1.73) |
| Gold (CMX) | 952.50 | (-3.70) |
Market Data
Nifty resistance at 2976 / 3078 , support at 2890 /2800
SGX Nifty 2970 +25 pts
| FII | DII | |||||
| Trade Date | Buy | Sales | Net | Buy | Sales | Net |
| 23/3/09 | 1,466.95 | 1,090.72 | 376.23 | 1,177.45 | 800.94 | 376.51 |
News Today
* Wall Street shares skyrocketed on Monday as the market cheered a plan to clean up toxic assets clogging the balance sheets of US banks in a bid to stabilize the recession-hit economy.
* The Treasury presented its plan to draw private investors into partnership with a new federal entity to buy up risky assets.
* Russia’s latest budget seeks to spur economic growth in domestic sectors that do not depend heavily on high oil prices.
* Executives at American International Group have started giving back their bonus cash in full, according to New York Attorney General Andrew Cuomo. Of the top 10 highest earners, nine have returned their bonuses.
* Japan domestic auto sales to hit 32-year low in fiscal 2009.
* Japanese Central bank policymakers said as recently as last month that recovery could start late this year, but also hedge their bets by citing massive uncertainties.
*Templeton Asset Management Ltd’s Mark Mobius said the next “bull-market” rally in developing- nation equities has begun as stocks surged from Shanghai to Moscow on the US Treasury’s plan to revive the banking system.
* Prices of IT outsourcing services will shrink 5 to 20 per cent through 2010 due to the uncertain economic climate, IT budget constraints and competition between vendors, research firm Gartner said on Monday.
