According to Anagram Research's report Daily Market Review, Markets finished last day of the calendar year 2008 on a weak note on the back of sharp sell off in later half of the trade. Sensex lost 69 points to close at 9647, while Nifty finished at 2959, down 20 points.
US markets rallied as investors shrugged off a drop in consumer confidence and cheered the government's efforts to keep General Motors out of bankruptcy by shoring up its finance arm. Dow Jones industrial average gained 184.46 points, or 2.17%, to 8,668.39.
US markets opened the week in red as stocks fell after Kuwait scrapped $ 17.4 billion petrochemical joint-venture with Dow Chemicals. Dow Chemicals shares tumbled 19% after. The Dow Jones industrial average slipped 31.62 points, or 0.37%, to 8,483.93.
The Dow Jones industrial average soared 5.49 points or 0.06%, to 8,521.04. The S&P 500 index climbed 0.22 points, or 0.03%, to 873.02, while the Nasdaq composite index dropped 1.35 points, or 0.09 %, to 1,528.89. Curde rose to USD 40 per barrel.
.15, and the Nasdaq composite index rose 3.36 points, or 0.22%, to 1,524.90.A look at how the Indian ADRs performed: NameInfosysSifyRediff.com IndiaSatyam WiproICICIBankHDFC Bank MTNLTata CommDr Reddy's Lab