The Meta-Forum of Environmental Forums

You are not connected. Please login or register

Whole market affected by stronger than expected US jobs growth data

View previous topic View next topic Go down  Message [Page 1 of 1]

Today Indian as well as Asian market in pressure due to fears of foreign outflows after stronger-than-expected US jobs growth data cemented expectations of an early end to US stimulus measures.

In early trading US dollar hit record high after June 2010, it rose 1.61% in early trading against all Asian currency.

Indian stock market and commodity both rang bound after gap down opening NSE Nifty below 69.30 or 1.16% at 5800.0 while BSE Sensex below 209.0 point or 1.07% at 19286.25 and same situation in whole Asian market Shanghai composite closed with lose of 2.44% while Nikkei finished below 1.41% and Hang Seng is down 1.68%.

In MCX both bullion and base metal are in pressure Gold August future fell by 0.35% and Silver September future fell by 0.63%

Indian Rupee hit record low on Monday at 61.21 in early trading as RBI sell US dollar today.

View user profile

View previous topic View next topic Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum