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Saturday, 21 May 2016

Share market update for Saturday | 21-May-2016

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Yesterday the market ends with a negative note and Nifty closed below 7,750 on Friday. The BSE Sensex closed at 25,301 down 97 points and 50-share NSE Nifty closed at 7,749 down 33 points or 0.43%. 
The Dow Jones industrial average closed up 65.54 points or 0.38% to 17,500.94.The S&P 500 gained 12.28 points or 0.6% to 2,052.32 and the Nasdaq composite added 57.03 points or 1.21% to 4,769.56. 
And for the week the Dow fell 0.2%,the S&P 500 gained 0.3% and Nasdaq climbed 1.1%. Campbell Soup shares tumbled 6.4% to $59.90 after disappointing sales. Yesterday,the tech-heavy Nasdaq Composite Index was up 1.13%,also boosted by Microsoft and Apple. 
The index has risen about 2 percent since the Fed released minutes of its April meeting on Wednesday.