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Tuesday, November 27, 2007

Markets Likely To Open Higher On Strong Cues From Global Peers - Indian Commentary []

Markets Likely To Open Higher On Strong Cues From Global Peers - Indian Commentary []
Global cues are pointing towards a higher opening for the Indian markets on Monday. The U.S. stocks surged on Friday amid bargain hunting and expectation of better sales during the holiday season and the major stock markets across the Asia-Pacific region are sharply higher on Monday.

Australian Stocks Slide Following Negative Wall Street Lead []
Tuesday, Sydney stocks were trading in negative territory, tracking the weak lead from Wall Street amid rising investor concern about mortgage defaults. Banking stocks led the decline on renewed credit concerns, while lower oil and mixed base metal prices weighed on resource stocks.

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