Money Tree

GLOBAL MARKETS

US Markets

The US markets closed mixed on Tuesday.

Dow Jones closed at 13383.84 up 37.06 points or 0.28 percent
Nasdaq Composite closed at 2525.29 down 21.15 points or 0.83 percent.

Europian Markets

The Europian Markets posted slight gains on Tuesday.

FTSE (UK) closed at 6568.60 up 13.10 points or 0.20% .
DAX (Germany) closed at 7505.35 up 45.74 points or 0.61%
CAC (France) closed at 6049.76 up 23.34 points or 0.39%

Asian Markets

The Asian markets closed mix with NIKKEI up about 1 percent.

NIKKI(JAPAN) closed at 17470.88 down 42.10 points.
HANG SENG (HONG KONG) closed at 20868.15 down 111.09 points.
KOSPI (SOUTH KOREA) closed at 1589.78 up 0.41 points.
STRAITS TIMES (SINGAPORE) closed at 3475.08 down 26.02 points.
SENSEX (INDIA) closed at 13929.33 down 36.53 points.
NIFTY (INDIA) closed at 4120.30 down 14.00 points.

FOREX

USD/ INR 40.77
EUR/ USD 01.35
USD/ JPY 120.39

GOLD (MCX)

8956/ 10gm

CRUDE

$63.10/ Bb

Today’s Market outlook

We are not having any great global cues today morning. Asia has also opened almost flat. Sensex is now very near to the 14000 levels, today the markets should attempt to cross this crucial level and if it remains above 14000 for first 1-2 hours in the morning, then we may see some rally to 14100 levels. Media stocks like shringar cinema, Adlabs, Cinemax, Raj TV, Shri Ashtivinayak, etc. are outperforming the markets and they should keep moving up today as well.