Money Tree

GLOBAL MARKETS

US Markets

The US markets closed flat with a negative bias on Monday.

Dow Jones closed at 13346.78 up 20.56 points or 0.15 percent
Nasdaq Composite closed at 2546.44 down 15.78 points or 0.62 percent.

Europian Markets

The Europian Markets closed in the red.

FTSE (UK) closed at 6555.50 down 10.20 points or 0.16% .
DAX (Germany) closed at 7459.61 down 19.73 points or 0.26%
CAC (France) closed at 6026.42 down 24.21 points or 0.40%

Asian Markets

The Asian markets closed very strong with Hang Seng up more than 500 points.

NIKKI(JAPAN) closed at 17677.94 up 124.22 points.
HANG SENG (HONG KONG) closed at 20979.24 up 511.03 points.
KOSPI (SOUTH KOREA) closed at 1605.77 up 2.21 points.
STRAITS TIMES (SINGAPORE) closed at 3501.1 up 54.18 points.
SENSEX (INDIA) closed at 13965.86 up 169.70.
NIFTY (INDIA) closed at 4134.30 up 57.65%.

FOREX

USD/ INR 40.82
EUR/ USD 01.35
USD/ JPY 120.30

GOLD (MCX)

8938/ 10gm

CRUDE

$62.59/ Bb

Today’s Market outlook

Yesterday our markets rallied together with asia as expected and NIFTY crossed the resistance placed 4105 levels. Today the Asian markets have opened weak and we expect a flattish opening with some consolidation.