Money Tree

GLOBAL MARKETS

US Markets

The US Markets closed in the green yesterday.

Dow Jones closed at 13577.30 up 41.87 points or 0.31 percent.
Nasdaq Composite closed at 2644.95 up 12.65 points or 0.48 percent .

Europian Markets

The Europian Markets rallied yesterday with DAX posting more than 1 percent gains.

FTSE (UK) closed at 6639.80 up 49.20 points or 0.75%. .
DAX (Germany) closed at 8050.68 up 92.44 points or 1.16%
CAC (France) closed at 6069.84 up 42.89 points or 0.71%.

Asian Markets

The Asian markets closed positive on Tuesday.

NIKKEI(JAPAN) closed at 18149.9 up 3.6 points.
HANG SENG (HONG KONG) closed at 22151.14 up 378.41 point.
KOSPI (SOUTH KOREA) closed at 1805.5 up 34.15 points.
STRAITS TIMES (SINGAPORE) closed at 3569.43 up 19.09 points.
SENSEX (INDIA) closed at 14806.51 up 142.25 points.
NIFTY (INDIA) closed at 4357.55 up 43.8 points.

FOREX

USD/ INR 40.55
EUR/ USD 01.360
USD/ JPY 122.505

GOLD (MCX)

8660/ 10gm

CRUDE

$71.41/ Bb

Today’s Market outlook

Yesterday also our markets rallied and NIFTY closed near its strong resistance of 4360 before it could touch 4400 levels. The global cues today are positvie with US and Europian markets closing in the green yesterday and our asian peers have also opened in the green today. We expect a good positive opening today. Vishal Retail will list today and is expected to be a bumper listing.