Money Tree

GLOBAL MARKETS

US Markets

The US markets lost more than 2 percent on Tuesday.

Dow Jones closed at 12501.11 down 277.04 points or 2.17 percent.
Nasdaq Composite closed at 2417.59 down 60.71 points or 2.45 percent.

Europian Markets

The Europian markets also lost about 2.5 percent on Tuesday.

FTSE (UK) closed at 6025.60 down 190.10 points or 3.06%.
DAX (Germany) closed at 7566.38 down 165.64 points or 2.14%
CAC (France) closed at 5250.82 down 152.69 points or 2.83%.

Asian Markets

The Asian markets also closed in the red on Tuesday.

NIKKEI(JAPAN) closed at 13972.63 down 138.16 points.
HANG SENG (HONG KONG) closed at 25837.78 down 630.35 points.
KOSPI (SOUTH KOREA) closed at 1746.95 down 18.93 points.
Composite Index (CHINA) Closed at 5443.791 down 54.11 points.
SENSEX (INDIA) closed at 20251.09 down 476.96 points.
NIFTY (INDIA) closed at 6074.25 down 132.55 points.

FOREX

USD/ INR 39.27
EUR/ USD 01.49
USD/ JPY 106.890

GOLD

11525/ 10gm

CRUDE

$90.78/Bbl

Today’s Market outlook

The global cues are negative and our markets may see a slide down during the day. A crucial

support is placed at 20050 for the sensex and is broken we may see 19700 levels soon.