Wednesday, May 2, 2012

Indian Stock Market Trend Today :- Due to poor signal from international markets and Continued weakness in Rs. Domestic Markets is beginning with weakness. Sensex down 72 points on 17 230 and Nifty fell 28 points is open at 5211. Hero Motocorp shares decline by 5% despite of good results of fourth quarter.

U.S. Market Trend :- Because of Poor Economy statistics and Eurozone related NEWS U.S. Markets slight decline. U.S. private companies was lower than expected number of new jobs In March and factory orders decreased 1.5%.

Because of Unemployment increase in Italy and Spain European markets 1 to 0.5 % decline. Number of unemployed in Eurozone in March around 11% that is reached the highest level for 15 years.

Asian Market Trend :- Asian markets are under pressure because of American and European markets are weak. Hang Sang, Shanghai Composite, Kospi, Taiwan index decline by 0.5 to 0.2%. Singapore Nifty is in red. However Nikkei is strong.

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