Stock Markets

US markets continue to revive

US markets continue to reviveNew York  - After Thursday's holiday, US stocks extended their rally to a fifth day on Friday, with the Standard & Poors 500 Index capping its biggest weekly advance in in 34 years.

As US shoppers swarmed stores on Black Friday - traditionally the nation's biggest annual shopping day as consumers rush out to make use of bargains - experts were bracing for a disappointing outcome amidst the financial crisis.

Target Corporation shares slumped 3.9 per cent as retailers extended deep discounts, Bloomberg financial news service reported.

Sensex Gains 91.91 Pts At 9118.63

Sensex Gains 91.91 Pts At 9118.63The Mumbai Railway Police denied that there was any firing at the Chatrapati Shivaji Terminus Station this afternoon.

According to the Commissioner, Railway Security, it was not firing but only a disruption and the condition is totally normal out there right now.

The 30-share index BSE Sensex, which had slipped into the red in early afternoon trade, has rallied to 9,118.63, up 91.91 points, on account of buying action seen across IT and auto sectors. 

In the meantime, the broad based Nifty gained 7.35 points at 2,759.60 after touching a high of 2,779.00 and a low of 2,690.30.

Indonesian shares up 3.28 per cent

Jakarta  - Indonesian share prices increased by more than 3.2 per cent Friday, in line with advances on some other Asian markets.

China's stocks fall more than 2 per cent

Beijing  - China's stocks closed 2.44 per cent lower on Friday led by trading in shares of banks, property developers and coal producers.

Key Indian index up slightly despite terrorist attacks

Key Indian index up slightly despite terrorist attacks New Delhi  - No panic reaction was witnessed at India's key Bombay Stock Exchange (BSE), which was quoted in positive territory Friday after remaining closed the previous day because of terrorist attacks in the country's financial hub.

The 30-share-sensitive index or Sensex of the BSE was trading at 9,043.93, a gain of 17.21 points or 0.19 per cent at 1.15 pm (07 45 GMT).

India's National Stock Exchange or Nifty index, also based in Mumbai, however showed a decline of 0.45 per cent around the same time and was trading at 2,740 levels.

Tokyo stocks end higher on outlook of economic measures

Tokyo  - Tokyo stocks ended Friday trading higher as investors remained positive about the outlook of a series of economic measures across the world.

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