New York - US stocks posted their largest rally of the year on Tuesday, following the lead of European markets after troubled banking giant Citigroup Inc said it was experiencing its best quarter since 2007.
Citigroup's chief executive Vikram Pandit said in an internal memo that the company was profitable in the first two months of 2009 after five straight quarters of losses, Bloomberg News reported.
Aditya Birla Nuvo, a diversified conglomerate, has notified that it has completed the acquisition of 76 per cent stake in the retail broking firm of the Apollo Hospitals Group.
The group bought 56 per cent in Apollo Sindhoori Capital Investment from the promoters and another 20 per cent through an open offer.
The acquired company is a leading player in the financial services sector with over 10 years of experience in the share broking business. The firm's principal activities are providing financial services, stock broking, commodity broking and related activities.
Hong Kong - Hong Kong shares rebounded by more than 3 per cent Tuesday as HSBC Holdings partially recovered from massive 24 per cent losses sustained in a brutal Monday trading session.
The blue-chip Hang Seng Index climbed from a four-month low by 349.47 points, or 3.08 per cent, to end the day at 11,694.05 points. Turnover was 33.4 billion Hong Kong dollars (4.3 billion US dollars.)
The 30-share index BSE Sensex closed the day on a negative note owing to continued selling pressure witnessed across index heavyweights including J P Associates, State Bank Of India and DLF.
The stock market remained weak throughout the day following the global weakness, as unabated concerns over further declining of US and European economies continued to weigh on investor reaction.
The rejection was followed by lower volumes, as traders restricted activity because of holidays on Tuesday and Wednesday on account of “Id-E-Milad” and “Holi”.
Tokyo - Tokyo stocks ended Tuesday morning trading lower after the Dow Jones industrial average hit a fresh 12-year-low overnight on lingering concerns over the US economy.
Japan's benchmark Nikkei 225 Stock Average lost 52.76 points, or 0.74 per cent, falling to 7,033.27 after it ended the previous day's session at its lowest in more than 26 years.
The broader Topix index of all first section issues was also down 8.83 points, or 1.24 per cent, to 701.7.
Tokyo 
New York - US stocks posted their largest rally of the year on Tuesday, following the lead of European markets after troubled banking giant Citigroup Inc said it was experiencing its best quarter since 2007.
Aditya Birla Nuvo, a diversified conglomerate, has notified that it has completed the acquisition of 76 per cent stake in the retail broking firm of the Apollo Hospitals Group.
Hong Kong - Hong Kong shares rebounded by more than 3 per cent Tuesday as HSBC Holdings partially recovered from massive 24 per cent losses sustained in a brutal Monday trading session.
The 30-share index BSE Sensex closed the day on a negative note owing to continued selling pressure witnessed across index heavyweights including J P Associates, State Bank Of India and DLF. 
