Indian markets have witnessed declines on weekly basis after budget. The decline has been mainly due to lack of investor confidence and selling by foreign funds.

Indian markets have witnessed selling pressure in majority of stocks. However, there are many stocks which are still looking positive and traders can consider some of those stocks. Stock recommendations by Epic Research....

Indians markets have been trading lower for the last few sessions as global markets have been sending mixed signals. While majority investors are holding on to their stocks, selling pressure has been witnessed at higher levels.

Taipei - Taiwan stocks skyrocketed Thursday, closing 6.74 per cent higher in their biggest percentage rise in 18 years on the bullish outlook over upcoming Chinese investment on the island, dealers said.

The main Taiex stock index advanced 378.51 points to 5,992.57 with foreign institutional investors buying 32.99 billion Taiwan dollars (996 million US dollars) of shares on the hopes of further gains, dealers said.

Hong Kong - Hong Kong shares rose strongly for a second-straight day Thursday, climbing by nearly 4 per cent in the last day of trading before a holiday weekend.

The blue-chip Hang Seng Index gained 564.04 points, or 3.77 per cent, to close at 15,520.99. Turnover was a relatively robust 70.9 billion Hong Kong dollars (9.14 billion US dollars).

The rise followed a 2.8-per-cent climb Wednesday after improved consumer confidence in the United States and optimism about increased lending in mainland China.

Manila - Share prices on the Philippine Stock Exchange rose 2.05 per cent on Thursday, buoyed by gains in Wall Street and other overseas markets.

The exchange's 30-share composite index gained 42.45 points to close at 2,103.50, up from Wednesday's finish of 2,061.05.

A total of 1.03 billion shares worth 2.45 billion pesos (51 million dollars) were traded.

Advancers led decliners 67 to 28, while 48 issues were unchanged.