Stock Market Tips for 28th August 2007

August 28th, 2007 by Analyst

GLOBAL MARKETS

US Markets

The US markets closed marginally in the red on Monday.

Dow Jones closed at 13322.13 down 56.74 points or 0.42 percent.
Nasdaq Composite closed at 2561.25 down 15.44 points or 0.60 percent.

Europian Markets

The Europian markets ended almost flat on Monday.

FTSE (UK) closed at 6220.10 up 23.20 points or 0.37%.
DAX (Germany) closed at 7485.99 down 21.28 points or 0.28%
CAC (France) closed at 5590.54 up 21.16 points or 0.38%.

Asian Markets

The Asian markets closed in the green on Monday.

NIKKEI(JAPAN) closed at 16301.39 up 52.42 points.
HANG SENG (HONG KONG) closed at 23577.73 up 655.84 points.
KOSPI (SOUTH KOREA) closed at 1803.03 up 11.70 points.
STRAITS TIMES (SINGAPORE) closed at 3388.44 up 18.99 points.
Composite Index (CHINA) Closed at 5150.12 up 42.45 points.
SENSEX (INDIA) closed at 14842.38 up 417.51 points.
NIFTY (INDIA) closed at 4302.60 up 112.45 points.

FOREX

USD/ INR 41.01
EUR/ USD 01.37
USD/ JPY 116.045

GOLD

8900/ 10gm

CRUDE

$71.97/ Bbl

Today’s Market outlook

Yesterday our markets rallied significantly and almost all sectors rallied together after a long time. The uptrend has been restored and we have a crucial resistance placed at 4350 for NIFTY. The global cues are mixed today and we expect a flat opening with some consolidation during the session.

Posted in Daily Tips |

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