Wednesday, April 2, 2014

Stock Market Update & Emerging News For Today



Latest Stock News
Indian markets closed up. Reserve Bank India kept the key policy rate unchanged at 8% and the CRR static at 4%, since retail inflation still remains "sticky" but introduced steps to increase liquidity and contain volatility in the money market.
          The US markets ended in positive territory on Tuesday. The Dow Jones advanced 75 points at 16,532 and the Nasdaq closed with a gain of 69 points at 4,268.
          The Japan's Nikkei index has surged 1.5 per cent to 15,011. The Hang Seng and Shanghai composite indices have gained 0.3 per cent each at 22,506 and 2,054, respectively..
Emerging Markets
The Hang Seng China Enterprises Index, which tracks Chinese stocks listed in Hong Kong, fell 0.6 percent to 10,027.23 at 10:01 a.m., taking its decline this year to 7.3 percent. The MSCI Emerging Markets Index rose for a ninth day, gaining 0.1 percent and paring its drop for the year to 0.1 percent.
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