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OPTIMISTIC START TO THE WEEK

Market in India trading strong with positive news from global Market,but small caps are moving more than large caps in this range.Summary of the main news items & trading moves for the start of the new week.
  • Stock market futures indicating a strong start for indices such as the FTSE 100, DAX, CAC & Dow Jones.
  • July was a very strong month for the Dow Jones. The index finished July up 7.1%, its best monthly gain for over a year.
  • One caveat according to Market Beat: The monthly gains come amid thin volume as only two trading days in July exceeded the daily average on NYSE.
  • It wasn't a good month for gold, dropping over 5% on the month, its worst month since December 2009. However, the precious metal is still up nearly 8% for the year. Source: Market Beat.
  • Gold is currently trading above Friday's highs at $1183.50
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