The benchmark indices Sensex and Nifty slipped deeper into the negative in late afternoon trade today, on account of aggressive selling at several blue chip counters.

Oil & gas, metal and realty stocks were hammered badly.

BSE Midcap and Smallcap index lost more than 1% each.

The 30-share index BSE Sensex, today, opened with a gain of 300.05 points at 10,931.17.

At 3:03 a.m., Sensex lost 409.87 points, or 3.86%, at 10,221.25 after touching a high of 10,945.41 and a low of 10,218.92.

Hong Kong - Hong Kong shares rose by more than 3 per cent Wednesday as news of Barack Obama's historic US presidential election win sent a feel-good thrill through regional markets.

The blue-chip Hang Seng Index climbed by 455.82 points, or 3.17 per cent, to end the day at 14,840.16. Turnover was 63.3 billion Hong Kong dollars (8.16 billion US dollars).

Beijing - China's two main stock market indices soared by more than 3 per cent Wednesday after an overnight climb on Wall Street spurred regional gains across Asia.

The key Shanghai Composite Index, which tracks shares traded in foreign and local currencies, closed at 1,760.61 after gaining 53.91 points, or 3.16 per cent.

The smaller Shenzhen Composite Index also climbed by 3.04 per cent, or 13.88 points, to end the day at 470.86.

Seoul - Shares surged for the fi

IT, pharma and select realty, consumer durables and power stocks trade strongly while the benchmark BSE index Sensex continues to languish in the negative terrain with a sharp loss on account of heavy selling activity in Reliance Industries, Reliance Communications, Bharti Airtel, ACC, Tata Steel, SBI and Grasim Industries.

At 12:28 p.m., the Sensex lost 191.25 points 10,439.87, while the Nifty stood at 3087.30, down 54.80 points.

Tokyo - The Tokyo market ended Wednesday's trading higher as the news of Barack Obama's victory in the US presidential election boosted investor sentiment.

The Nikkei 225 Stock Average soared 406.64 points, or 4.46 per cent, to close at 9,521.24.

The broader Topix index of all first-section issues also rose 56.21 points, or 6.17 per cent, to 966.91.

In morning trading, Japanese stocks rose on Wall Street's overnight rises and the US dollar's advance against the yen. A stronger dollar helps increase Japanese exporters' earnings.