Money Tree

GLOBAL MARKETS

US Markets

The US markets closed almost flat on Monday.

Dow Jones closed at 13127.85 up14.47 points or 0.11 percent.
Nasdaq Composite closed at 2559.11 down 6.59 points or 0.26 percent.

Europian Markets

The Europian markets lost about a percent on Monday.

FTSE (UK) closed at 6134.10 down 57.10 points or 0.92%.
DAX (Germany) closed at 7375.44 down 61.19 points or 0.82%
CAC (France) closed at 5386.43 down 43.67 points or0.80%.

Asian Markets

The Asian markets closed mixed on Monday.

NIKKEI(JAPAN) closed at 15764.97 down 357.19 points.
HANG SENG (HONG KONG) closed at 23999.7 up 17.09 points.
KOSPI (SOUTH KOREA) closed at 1835.87 down 49.03 points.
STRAITS TIMES (SINGAPORE) closed at 3441.87 down 47.1 points.
Composite Index (CHINA) Closed at 5355.287 up 78.111 points.
SENSEX (INDIA) closed at 15596.83 up 6.41 points.
NIFTY (INDIA) closed at 4507.85 down 1.65 points.

FOREX

USD/ INR 40.66
EUR/ USD 01.37
USD/ JPY 113.305

GOLD

9295/ 10gm

CRUDE

$77.49/ Bbl

Today’s Market outlook

The US markets have closed almost flat yesterday and the Asian markets have opened mixed today morning. Yesterday again the NIFTY managed to close above 4500 level after recovery from the morning’s gap down opening. Today we expect a positive opening and the NIFTY will find resistance at 4535 levels and on the downside 4475 will work as a strong support.