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Thursday, March 31, 2011

Market Morning - 31st March 2011

SENSEX -     19,422.29        +132.11 (0.68%)


NIFTY -         5,823.65          +36.00 (0.62%)

Markets have had a good start today, with both the bourses trading 0.6% above yesterdays closing. 
Yesterday markets extended their gains for the seventh straight day. However a rise in crude prices and profit booking after the seven day rally might cap the upside.


Asian stock are trading flat at the moment

NIKKEI 225                       9,705.91     -2.88
HANG SENG INDEX      23,491.80     40.33

The government will unveil data on some wholesale price indices for the year through 19 March 2011 viz. the food price index, the primary articles index and the fuel price index at about 12:00 IST

US stock markets finished strong yesterday based on good employment figures which indicated an improving labour market.

DOW JONES INDUS. AVG                  12,350.60     71.60     0.58%



S&P 500 INDEX                                     1,328.26      8.82      0.67%



NASDAQ COMPOSITE INDEX            2,776.79     19.90      0.72%



 
US crude futures were up 37 cents a barrel or 0.35% to $104.64 a barre

Volatility may remain high as derivative contracts for the near-month March 2011 series are set for expiry today, 31 March 2011.

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