Global Markets

Today the markets are likely to open negative. The sentiments are negative and all of the other major Asian markets are trading negative. The coming session is likely to witness a range of 3520 on declines and 3680 on advances.

WORLD MARKET COMMENTARY
The Dow Jones Industrial Average (DJIA) closed lower by 184.22 points at 8284.89, NASDAQ index down by 51.73 points at 1664.19 and the S&P 500 (SPX) also closed lower by 24.43 points at 883.92. Today major stock markets in Asia are trading positive. The Shanghai Composite is trading down by 44.23 points at 2619.53 Hang Seng is trading down by 570.07 points at 16489.55. However Japan’s Nikkei is trading lower by 237.90 points at 9102.59. South Korea’s Seoul Composite is down by 26.54 points at 1387.98 and Singapore’s Straits Times is down by 47.00 points at 2138.29.

Singapore Nifty is trading down by 81 points at 3558.00