Stock Markets

Sensex Ends Below 8200 Mark; Realty Down Over 3%

Sensex Ends Below 8200 Mark; Realty Down Over 3%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 stocks down on Wall Street's overnight falls

Tokyo stocks down on Wall Street's overnight falls 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.

US stocks drop on World Bank forecast, Buffett warning

US stocks drop on World Bank forecast, Buffett warning New York  - Major US stock indices closed lower Monday, after the World Bank said it expects the global economy to shrink this year and billionaire Warren Buffett offered another dire assessment about the state of the US economy.

Hong Kong shares fall 5 per cent as HSBC goes into freefall

Hong Kong shares fall 5 per cent as HSBC goes into freefall Hong Kong- Hong Kong shares plummeted by nearly 5 per cent Monday, sliding steeply in late trading as shares in HSBC bank fell by a massive 24 per cent.

The blue-chip Hang Seng Index fell by 576.94 points, or 4.84 per cent, to end the day at 11,344.58. Turnover was 35.7 billion Hong Kong dollars (4.6 billion US dollars.)

Monday's trading was dominated by a sell-off of HSBC shares which fell 24 per cent to close at 33 Hong Kong dollars, their lowest level since 1995.

Nikkei closes at 26-year low on economic concerns

Nikkei closes at 26-year low on economic concernsTokyo  - Japan's benchmark Nikkei 225 Stock Average on Monday dropped to its lowest closing level in more than 26 years on concerns over prospects of the global financial industry and the domestic economy.

The benchmark Nikkei index fell 87.07 points, or 1.21 per cent, to close at 7,086.03.

The broader Topix index of all first section issues was also down 10.86 points, or 1.51 per cent, to 710.53.

On currency markets at midday (0300 GMT), the dollar traded at 98.32-37 yen, up from Friday's 5 pm quote of 97.35-37 yen.

Tokyo stocks dip on concerns over US financial sector

Tokyo stocks dip on concerns over US financial sector Tokyo  - The Tokyo market ended morning trading lower Monday on worries about the US financial sector.

The benchmark Nikkei 225 Stock Average dipped 57.91 points, or 0.81 per cent, to 7,115.19.

The broader Topix index of all first section issues was also down 10.22 points, or 1.42 per cent, to 711.17.

On currency markets at 9 am (0000 GMT), the dollar traded at 97.94-99 yen, up from Friday's 5 pm quote of 97.35-37 yen.

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