New York - Major stock indices were mixed on Tuesday as energy and metals prices plunged and Federal Reserve Chairman Ben Bernanke again suggested a pause in interest-rate cuts was likely.
The BSE Sensex looks to be tempted to touch the 14,000 mark shortly, after witnessing a big loss of 506 points on Monday’s closure.
As compared to Friday’s closing at 15,572.18 points, the market has dropped around 825 points to touch the low of 14,745.71 in today’s session.
After opening on a negative note today, following global market jitters, continued to fall freely and has lost around 320 points to touch the day’s low.
BSE Midcap and smallcap lost 1.10% and 0.86% each.
New Delhi - India's benchmark Sensex fell Tuesday to a three-month low, dropping 2.7 per cent on heavy selling by funds and investors tracking weak global cues.
Manila - Philippine shares dropped 3.42 per cent on Tuesday as investors kept out of the market amid concerns of rising inflation due to skyrocketing prices of fuel and food.