10/27/14

Global Markets update

Eurpean markets in red FTSE down 38 points,CAC down 58 points
Weak German business morale to lowest level in almost 2 years
US markets trading in red over energy stock sell-off
Dow Jones down 32 points and trading at 16773
S&P 500 down 6 points and trading at 1958
Nasdaq down 16 points and trading at 4467

Based on Global markets data and ahead of Futures and Options Expiry
Indian stocks may open lower tomorrow but rate cut hopes may stop the damage



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