New Delhi  - Indian equities dropped about 5 per cent soon after opening Tuesday, largely because investors were selling stocks to lock in profits from previous gains, given the gloomy global economic outlook and negative trading on other Asian markets, analysts said.

The 30-share Sensitive Index of the Bombay Stock Exchange traded at 10,006.1 shortly after noon (0700 GMT), 5.03 per cent below Tuesday's close.

The broader 50-share Nifty of the National Stock Exchange was down 4.92 per cent at 2993.25.

The Indian indices had gained more than 8 per cent during the past two trading days, and Tuesday's losses were registered by the same counters that had seen the largest gains - metals, banking, and oil and gas.

Seoul  - Shares fell more than 2 p

Tokyo  - Tokyo stocks ended Tuesday trading lower after the US market declined overnight on grim earnings outlooks and the yen's advance against other currencies.

The Nikkei 225 Stock Average fell 272.13 points, or 3 per cent, to close at 8,809.3.

The broader Topix index of all first-section issues also dropped 27.29 points, or 2.98 per cent, to 889.36.

Goldman Sachs Group Inc, technology giant Google Inc and automaker General Motors Corp all suffered downgraded outlooks the day before.

India equities belled the day on a

Mumbai, Nov. 11: A bleak global economic outlook resulted in the Bombay Stock Exchange''s 30-share Sensex losing about 300 points in early morning trade on Tuesday.

In opening trade, the National Stock Exchange’s benchmark Nifty fell 35 points to 3112.

According to an Economic Times report, a safe strategy would be to get into the market again only if it closes above the 3250 mark.

Sydney  - A f