Asian stock markets down

Not only Indian stock markets, the whole Asian stock markets itself falling down consecutively due to Global economy, US Dollar rise, and etc..The markets ended lower with the US dollar continuing to witness steady safe haven buying which leads to further rise constantly. So the commodity market got affected due to this. The US dollar rose to a fresh 6 weeks high. European Central Bank official for more economic aid announced that the region's deficit crisis may take longer to solve. Once after this news the global market went down.

2 comments:

Anonymous said...

Very true. Markets are traded in range bound and Global cues are effecting Indian Markets too.

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