Indian market outperformed the global index in August

US INDEX    JULY CLOSE    AUG HIGH    AUG CLOSE      %GAIN /LOSS 

Dow Jones         10466              10698             10014                  -4.30

NASQAQ           2254               2305               2104                    -6.21

S&P 500             1101                1127               1049                   -4.72

American markets were worst performing market in august, series of bad economic news propel the selloff at the wall street and the august emerged as the worst month for equity market in USA. Dowjone industrial average lost 4.30% of their value, NASDAQ composite lost 6.21% due to selloff in the technology sector, and S&P 500 lost 4.72% .There was only seven trading session when market went up.

EURO ZONE        JULY CLOSE       AUG HIGH      AUG CLOSE      %GAIN /LOSS

FTSE 100               5258                     5410                 5225                     -0.62

CAC                       3643                     3777                 3490                     -4.19

DAX                       6147                     6351                  5925                    -3.61

Euro zone contributed similar manner as American indices here FTSE 100 was the best performer in the pack who lost slightly more than half percent while CAC of France lost -4.19% and DAX of Germany lost -3.61% in august only.

ASIA                    JULY CLOSE     AUG HIGH       AUG CLOSE      % GAIN /LOSS

NIKKI                     9537                 9694                     8824                      -7.47

STRAIT TIMES      2987                  3014                     2950                      -1.23

HANG SANG         21029                21294                   20536                     -2.34

SHANGHAI            2637                  2687                     2638                        0.03

Asian market performance in august were better than developed world although NIKKI of japan tumble 7.47% while Hansang LOST 2.43% and strait times lost -1.23% however Shanghai composite closed flat in august.

INDIAN MARKET        JULY CLOSE        AUG HIGH     AUG CLOSE     %GAIN

SENSEX                         17868                     18401               17971                 0.57

C&X NIFTY                    5367                       5543                  5402                  0.65

Indian market emerged as the winner in the September where all the market were crumbling in the august the Indian indices kisses their 31 month high although due profit booking lost their most of the gain in spite of this market able to close in green for the month where most of the market closed deep in red.