Stock Market Tips for 11th June 2007

June 11th, 2007 by Analyst

GLOBAL MARKETS

US Markets

The US Markets bounced back on friday and closed with more than 1 percent gains.

Dow Jones closed at 13424.39 up 157.66 points or 1.19 percent
Nasdaq Composite closed at 2573.54 up 32.16 points or 1.27 percent.

Europian Markets

The Europian Markets closed almost flat.

FTSE (UK) closed at 6505.10.
DAX (Germany) closed at 7590.50 down 28.11 points or 0.37%
CAC (France) closed at 5883.29 down 7.20 points or 0.12%

Asian Markets

The Asian markets also closed in the red.

NIKKEI(JAPAN) closed at 17779.
HANG SENG (HONG KONG) closed at 20509.15 down 291.01 points.
KOSPI (SOUTH KOREA) closed at 1753.04 up 10.85 points.
STRAITS TIMES (SINGAPORE) closed at 3491.
SENSEX (INDIA) closed at 14063.81 down 122.37 points.
NIFTY (INDIA) closed at 4145.00 down 34.50 points.

FOREX

USD/ INR 41.13
EUR/ USD 01.33
USD/ JPY 121.44

GOLD (MCX)

8784 / 10gm

CRUDE

$64.77/ Bb

Today’s Market outlook

The global markets have recovered on friday and Asian markets have opened in the green today. Our markets also did not break crucial support levels on friday and we expect a gap up opening in the morning and NIFTY will try to cross 4200 levels today.

Posted in Daily Tips |

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One Response

  1. bipasa Says:

    i had recently visited to your site, & find the information guidance providede by u very usefull. but still i m in bit confusion actually i do not have any sort of knowledge of share market but want to enter in this market should i start with IPO,Mutual Fund, Secondary Market which one is safe?

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