The Story of Global Moves: Highs
and Lows
US-MARKETS
DoW lost 354 points close to 2% in a month.
Dow yearly High-17991-Low -15341
NASDAQ lost 35 points close to 0.75% in a month.
NASDAQ yearly High-4811-Low- 3946
S&P-500 lost 38 points close to 1.8% in a month.
S&P-500 yearly High-2079-Low -1738
EUROPE-MARKETS
DAX – Rose +343 points close to 3.7% in a month.
DAX yearly High-10093-Low 8355
FTSE-100 lost 354 points close to 5.4% in a month.
FTSE-100 yearly High-6905-Low-6073
FRANCE-CAC-40 lost 79 points close to 1.89% in a month.
FRANCE-CAC-40 yearly High-4599-Low-3789
ASIAN-MARKETS
JAPAN-NIKKEI-225 lost 119 points close to 0.68% in a month.
JAPAN-NIKKEI-225 yearly High-18031-Low 13885
HANG SENG lost 838 points close to 2% in a month.
HANG SENG yearly High-25364-Low 21138
BSE lost 696 points close to 2.48% in a month.
BSE yearly High-28823-Low 19963
NSE lost 166 points close to 1.98% in a month.
NSE yearly High-8627-Low 5933
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In a Month, the USA markets could stand out but Greece lost more than 7%, South Africa- 6%, UK and Spain 5 percent each.
Similarly, the Asian markets also lost close to 4-5%, Australia lost 4.3%, Hang-Seng lost 3.48%, India lost 2.5% but Japan stood well with 0.68% loss.
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Any further loss in the global markets can trigger huge un-winding pressure in the emerging markets like India may loose more than 2 % without any resistance from the BULLS.
NIFTY may get support at 8050, is a good buying opportunity for investors and those who trapped during this fall may also prefer averaging at the suggested levels for better gains.
A word of caution: The market won't bounce with vengeance, Bulls may prefer longer period than usually happened earlier. So prefer Investment rather than for a trading bounce....
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