During late afternoon trade today (03:10 p.m.), the 30-share index Sensex fell deep into the negative terrain in account of heavy selling action witnessed in stocks including RCom (down 6.95%), Tata Motors (down 5.45%), HDFC (down 4.7%), Jaiprakash Associates (down 4.15%), ICICI Bank (down 4.1%), ONGC (down 3.65%), Bharti Airtel (down 3.3%), RIL (down 2.2%) and a few other frontliners,
The Sensex lost 51 points at 9059.05, while Nifty stood at 2742.20, down 30.90 points.
Hong Kong - Hong Kong shares fell to their lowest level in more than a month Tuesday, shedding more than 2 per cent after overnight losses on Wall Street.
The blue-chip Hang Seng Index fell by 302.95 points, or 2.17 per cent, to end the day at 13,668.05. Turnover was 47.2 billion Hong Kong dollars (6.08 billion US dollars.)
Tuesday's losses continued a losing streak that began with a 3.37 per cent fall last Wednesday and on Monday saw the index fall back through the 14,000 points barrier.
Tokyo - Stocks plunged more than 4 per cent in Tokyo Tuesday as the market sentiment was dampened by speculation that Sony Corp would incur the first operating loss in 14 years for the fiscal year 2008.
The Nikkei 225 Stock Average tumbled 422.89 points, or 4.8 per cent, to close at 8,413.91.
The broader Topix index of all First Section issues also fell 40.9 points, or 4.78 per cent, to 814.12.
Tokyo - Stocks lost more than 4 per cent in Tokyo Tuesday as market sentiment was dampened by media reports on speculation that Sony Corp would incur an operating loss for the fiscal year.
The Nikkei 225 Stock Average tumbled 380.32 points, or 4.3 per cent, to end the morning session at 8,456.48.
The broader Topix index of all First Section issues was also down 37.33 points, or 4.37 per cent, to 817.69.
After opening on a dreary note at 9,316.33, 90.14 points, the 30-share index BSE Sensex fell deep into the pessimistic zone this afternoon.
The Sensex plunged on account of heavy selling pressure witnessed across frontline stocks. Second rung stocks were under pressure. Metal, realty and banking sectors posted sharp losses.
BSE Midcap and Smallcap index lost 2.13% and 1.56% respectively.
All sectoral indices were trading in red zone. BSE Metal lost 5.51%, Realty declined 4.88%, Bankex dropped 4% and Power down by 3.61%.