Stock Market Tips for 27th August 2007

August 27th, 2007 by Analyst

GLOBAL MARKETS

US Markets

The US markets gained about 1 percent on Friday.

Dow Jones closed at 13378.87 up 142.99 points or 1.08 percent.
Nasdaq Composite closed at 2576.69 up 34.99 points or 1.38 percent .

Europian Markets

The Europian markets ended almost flat on Friday.

FTSE (UK) closed at 6220.10 up 23.20 points or 0.37%. .
DAX (Germany) closed at 7507.27 down 4.69 points or 0.06%
CAC (France) closed at 5569.38 up 46.05 points or 0.83%.

Asian Markets

The Asian markets closed mixed on Friday.

NIKKEI(JAPAN) closed at 16248.97 down 67.35 points.
HANG SENG (HONG KONG) closed at 22921.89 down 45.08 points.
KOSPI (SOUTH KOREA) closed at 1791.33 down 8.39 points.
STRAITS TIMES (SINGAPORE) closed at 3369.45 down 1.46 points.
Composite Index (CHINA) Closed at 5107.668 up 75.174 points.
SENSEX (INDIA) closed at 14424.87 up 260.89 points.
NIFTY (INDIA) closed at 4190.15 up 75.2 points.

FOREX

USD/ INR 40.08
EUR/ USD 01.36
USD/ JPY 115.945

GOLD

8725/ 10gm

CRUDE

$71.09/ Bbl

Today’s Market outlook

The US markets closed in the green on friday and the Asian markets have also opened firm today morning, we expect a good gap up opening in the morning and NIFTY may cross 4250 level in the morning. Real Estate, Capital goods and Infrastructure sectors are looking good.

Posted in Daily Tips |

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