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Today 's market update : The S&P BSE Sensex opening on a cautious note with a negative bias followed by muted trend seen in other Asian markets and losses seen in index heavyweights such as ICICI Bank,ITC, Tata Motors, HDFC & TCS.

Previous Year 2015 saw Indian investors & traders move away from the trend of investing in physical assets such as real estate & gold said by Nilesh Shah, MD(managing director) of Kotak Mahindra Asset Management. Instead the focus was more on equities current year. He estimates this will continue in 2016 year as well.

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Crude Oil prices surged by 9 percent on Monday, after that the foreign market is witnessing once again dominated the fall today. On Tuesday, NYMEX crude oil fell by nearly 3 percent and trading down to $ 47.50 a barrel. On Monday, crude oil in the domestic market rose by Rs 225 and closed at Rs 3,230. Read more here- http://www.pinnaclefinancial.in/blog/crude-updates-commodity-face-today/

StockMarketFunding.com reports that Human Genome Sciences FDA Panel Recommendation for Benlysta may cause many large biotechnology players to look at HGSI as a takeover target.

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