Major Asian markets are trading in the green at present. Shanghai Composite is up 0.33%, Hang Seng
is up 0.24 %, while the Nikkei is trading 2.41% higher.
US markets: Stocks moved mostly higher during yesterday's trade. The major averages finished the day firmly in positive territory with Dow and Nasdaq closing at record highs. The Dow rose 0.4% to 24,922.68, the Nasdaq advanced 0.8% to 7,065.53 and the S&P 500 climbed 0.6% to 2,713.06.The continued strength on Wall Street came as upbeat data added to recent optimism about the economic outlook. A report released by the Institute for Supply Management showed growth in manufacturing activity surprisingly accelerated in the month of December.
European markets closed in the green yesterday with FTSE up 0.30%, CAX up 0.80% and DAX up 0.82%.
In yesterday’s session, FII’s bought 96 crore stocks in the cash market, whereas DII’s sold 269 crore worth of stocks. In the derivative market, FII’s sold 1,011 crore of Index futures and bought 515 crore worth of Index options. In the Stock futures segment, FII’s bought 41 crore worth of stock futures and bought 316 crore stock options.www.thegrssolution.com
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