Money Tree

GLOBAL MARKETS

US Markets

The US markets closed almost flat on Wednesday.

Dow Jones closed at 13291.65 down 16.74 points or 0.13 percent.
Nasdaq Composite closed at 2592.07 down 5.40 points or 0.21 percent.

Europian Markets

The Europian markets closed slightly in the green on Wednesday.

FTSE (UK) closed at 6306.20 up 25.50 points or 0.41%.
DAX (Germany) closed at 7472.99 up 15.09 points or 0.20%
CAC (France) closed at 5508.01 up 29.07 points or0.53%.

Asian Markets

The Asian markets closed mixed on Wednesday.

NIKKEI(JAPAN) closed at 15797.6 down 80.07 points.
HANG SENG (HONG KONG) closed at 24310.14 up 357.9 points.
KOSPI (SOUTH KOREA) closed at 1813.52 down 33.84 points.
STRAITS TIMES (SINGAPORE) closed at 3506.09 up 11.52 points.
Composite Index (CHINA) Closed at 5172.62 up 58.659 points.
SENSEX (INDIA) closed at 15505.36 down 37.41 points.
NIFTY (INDIA) closed at 4496.85 down 0.2 points.

FOREX

USD/ INR 40.45
EUR/ USD 01.38
USD/ JPY 114.165

GOLD

9340/ 10gm

CRUDE

$79.91/ Bbl

Today’s Market outlook

The global markets have been almost flat yesterday and our markets are also hovering in a very small range near 4500 and the trend will continue till the 18th September when the US FED is expected to cut rates. Today our markets are expected to open flat and will remain in a narrow range between 4480 to 4525.