Stock Markets

Stock Market Trading Advice from Nirmal Bang Research

Murli DeoraAsian stocks declined, dragging the regional benchmark index from a three?

Indian Stock Market looking positive: Nirmal Bang

India Stock MarketsThe markets ended marginally higher after a huge volatile ses

Singapore Mercantile Exchange joins derivatives associations

SingaporeSingapore - The Singapore Mercantile Exchange (SMX) Monday said it has been admitted as a member of a number of leading international derivatives trade associations.

Formed in July 2008, SMX has joined the Futures Industry Association (FIA), the Swiss Futures and Options Association (SFOA), the Association of Futures Markets (AFM) and the Futures and Options Association (FOA).

The trade exchanges collectively encompass many leading exchanges and clearing houses in the commodities field, including the Chicago Mercantile Exchange

Stronger yen leads to selling of exporters at Tokyo market

Stronger yen leads to selling of exporters at Tokyo market Tokyo  - Tokyo stocks fell Monday morning as exporters were hurt by the yen's rise against the US dollar and concerns spread ahead of earning reports season for Japanese firms.

The benchmark Nikkei 225 Stock Average lost 85.29 points, or 0.96 per cent, to 8,822.29.

The broader Topix index of all first-section issues was also down 6.52 points, or 0.77 per cent, at 839.05.

On currency markets at 9 am (0000 GMT), the dollar traded at 99.32-37 yen, down from Friday's 5 pm quote of 99.39-41 yen.

Stock Mkts To Witness Selling Pressure On Monday, Says Alex Mathew

Stock Mkts While commenting on the market performance of the day, Alex Mathew head, research centre - Geojit Financial Services stated that the stock markets belled the day in green on account of optimistic prompts coming in from the worldwide markets and dealt robustly all the morning session but capitalists cashed in on the gains produced during the morning session that occurred in the noon session earlier than the weekend and marked its closure in green but off the days` low.

Sensex Maintains 11K; Ends 75.69 Pts Up

Sensex Maintains 11K; Ends 75.69 Pts UpBombay Stock Exchange’s Sensex, on Friday, opened strongly at 11,068, up 121 points, on account of the positive signals bobbing out of the foreign markets.

The index, thereafter, firmed up and reached to a high of 11,339, which was about 400 points up from its last closure.

But, heavy profit booking during the final hour of trading erased the big part of gains registered earlier in the day and fell below 11,000 mark and also hit an intra-day low of 10,946.25.

The Sensex however got well and finally closed the week after making a gain of 75.69 points at 11,023.09.

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