Money Tree

GLOBAL MARKETS

US Markets

The US markets ended with slight gains on Thursday.

Dow Jones closed at 13363.35 up 57.88 points or 0.44 percent.
Nasdaq Composite closed at 2614.32 up 8.37 points or 0.32 percent.

Europian Markets

The Europian markets also closed in the green.

FTSE (UK) closed at 6313.30 up 42.60 points or 0.68%.
DAX (Germany) closed at 7621.72up 33.69 points or 0.44%
CAC (France) closed at 5576.62 up 25.07 points or0.45%.

Asian Markets

The Asian markets closed mixed on Thursday.

NIKKEI(JAPAN) closed at 16257.00 down 262.02 points.
HANG SENG (HONG KONG) closed at 24050.4 down 18.77 points.
KOSPI (SOUTH KOREA) closed at 1888.81 up 23.22 points.
STRAITS TIMES (SINGAPORE) closed at 3466.06 up 20.98 points.
Composite Index (CHINA) Closed at 5393.66 up 82.944 points.
SENSEX (INDIA) closed at 15616.31 up 170.16 points.
NIFTY (INDIA) closed at 4518.6 up 42.75 points.

FOREX

USD/ INR 40.79
EUR/ USD 01.36
USD/ JPY 115.200

GOLD

9070/ 10gm

CRUDE

$76.30/ Bbl

Today’s Market outlook

Yesterday our markets made a breakout in the last one hour of trade and the NIFTY closed well above 4500 level, indicating a short term uptrend. Now if it sustains above 4530 levels for two-three trading sessions then it may rally further to test 4600 levels.