Money Tree

GLOBAL MARKETS

US Markets

The US Markets closed flat yesterday.

Dow Jones closed at 13352.05 down 8.21 points or 0.06% percent.
Nasdaq Composite closed at 2577.08 down 11.88 points or 0.46 percent .

Europian Markets

The Europian Markets also closed almost flat with a negative bias.

FTSE (UK) closed at 6588.40 up 21.00 points or 0.32%. .
DAX (Germany) closed at 7930.61 down 19.02 points or 0.24%
CAC (France) closed at 6002.85 down 20.40 points or 0.34% .

Asian Markets

The Asian markets closed in the red on Monday.

NIKKEI(JAPAN) closed at 18087.48 down 101.15 points.
HANG SENG (HONG KONG) closed at 21822.35 down 177.56 point.
KOSPI (SOUTH KOREA) closed at 1757.73 down 13.25 points.
STRAITS TIMES (SINGAPORE) closed at 3580.33 down 35.05 points.
SENSEX (INDIA) closed at 14487.72 up 20.36 points.
NIFTY (INDIA) closed at 4259.4 up 7.35 points.

FOREX

USD/ INR 40.88
EUR/ USD 01.34
USD/ JPY 123.475

GOLD (MCX)

8726/ 10gm

CRUDE

$69.18/ Bb

Today’s Market outlook

Our markets still remain volatile and directionless. Some more short covering is expected to be seen before the expiry and it might take the NIFTY to 4300 levels, otherwise the markets are going to be less or more flat with volatility on both sides in a narrow range.