Money Tree

GLOBAL MARKETS

US Markets

The US markets continue their rally for yet another day.

Dow Jones closed at 13619.89 up 174.93 points or 1.30 percent.
Nasdaq Composite closed at 2709.03 up 42.67 points or 1.60 percent.

Europian Markets

The Europian markets closed almost flat on Thursday.

FTSE (UK) closed at 6485.60 down 8.20 points or 0.13%.
DAX (Germany) closed at 7940.58 down 4.19 points or 0.05%
CAC (France) closed at 5673.76 up 14.69 points or 0.26%.

Asian Markets

The Asian markets closed in the green on Thursday.

NIKKEI(JAPAN) closed at 15874.08 up 265.2 points.
HANG SENG (HONG KONG) closed at 29558.92 up 213.47 points.
KOSPI (SOUTH KOREA) closed at 1953.17 up 14.97 points.
STRAITS TIMES (SINGAPORE) closed at 3552.55 down 7.5 points.
Composite Index (CHINA) Closed at 5035.073 down 7.581 points.
SENSEX (INDIA) closed at 19795.87 up 57.8 points.
NIFTY (INDIA) closed at 5954.7 up 14.7 points.

FOREX

USD/ INR 39.49
EUR/ USD 01.46
USD/ JPY 110.940

GOLD

10105/ 10gm

CRUDE

$90.31/Bbl

Today’s Market outlook

Yesterday after a strong opening our markets closed marginally in the green shedding most of the day’s gains, but the midcaps and smallcaps out shined the markets. The trend seems to be still positive for the midcaps and smallcaps.