6 February 2014

WORLD MARKET UPDATE FOR 06 FEB 2014

  • The rupee washed out initial gains and reacted downwards after two days of rise, closing down by four paise at 62.57 against the Greenback on late dollar demand from importers amid sustained capital outflows, despite positive local equities and weak dollar overseas.
  • DOW JONES ended 5  points down  closed @ 15,440
  • NIKKIE closed 42  points up closed @ 14,222
  • HENG SENG closed 104  points up closed @ 21,374.
  • The market may open higher on firm Asian stocks. Trading of CNX Nifty futures on the Singapore stock exchange indicates that the Nifty could gain 18 points at the opening bell.
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