10 February 2008
U.S. stock futures pointed to a subdued start on Wall Street on Friday, after a rebound in the previous session halted a three-day downward run and global stock markets held largely steady.
Relatively low share valuations lured investors back into the U.S. stock market on Thursday after a prolonged losing streak pushed the Nasdaq into an official bear market.
We have good support of NIfty is 4980 if broken temp we can see nifty 4500 and again rebound we have to wait and watch now. European shares were up 0.9 percent, helped mainly by oil and gas producers and miners. Market participants said Asian trade had all but ground to a halt as most markets aside from Japan closed for the Lunar New Year holidays.
by erectusplus at 17:03:00 |
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