Washington - Federal Reserve Chairman Ben Bernanke suggested another interest rate cut was on the way, while the US central bank Tuesday announced fresh moves to inject liquidity into the struggling US financial system.

Bernanke said the ongoing financial turmoil meant the outlook for economic growth had "worsened" in recent weeks as the availability of credit to banks, consumers and businesses has threatened to dry up completely.

Stock market trading around the world Tuesday was uneven as investors appeared uncertain where to turn next in the ongoing international financial turmoil and new trouble spots emerging.

Mumbai, Oct 7 : The Bombay Stock Exchange (BSE) Sensex continued its downward trend for the second day in a row and closed at 11695.24 at the end of Tuesday’s trading.

From Monday’s crash of 725, it further slipped to 106.46 points.

The wide-based National Stock Exchange (NSE) index Nifty moved between 3,732.65 and 3,537.00 points before ending at 3,606.60, a marginal gain of 4.25 points.

The BSE opened this morning up by over 379 points in early trade.

Similarly, the NSE index rose by 127.05 at 3,729.40 this morning.

Kiev- Ukraine's leading PFTS stock exchange plummeted on Tuesday, with some shares losing 9 per cent in minutes after opening and the government considering another halt to trading of some firms.

Stock in the massive Azovstal steel company dropped 9.15 per cent in value shortly after trading began, and "practically all" of Ukraine's other major metals manufacturers were early big losers, the Interfax news agency reported.

London  - A short-lived rally on the London stock market evaporated Tuesday after big falls in bank shares pulled down the Financial Times Index wiping out an initial rise of 2.6 per cent.

Shares in the Royal Bank of Scotland (RBS) at one point slumped by 40 per cent, following reports that it was among three leading British banks that asked the government for a possible capital injection.

The request by RBS, Lloyds TSB and Barclays was reported to have been made during a meeting of their chief executives with Alistair Darling, the Chancellor of the Exchequer, late Monday.

The government is believed to be working on a bank stabilization scheme that could be announced later this week.

Amsterdam  - The main index on the Amsterdam Stock Exchange, the AEX, on Tuesday posted a slight loss - down 0.54 per cent - at 11:30 am (0930 GMT), remaining volatile throughout the morning.

Opening with a gain of 2.4 per cent, the index slipped to a low of 306.78 points at 10:30 am, to recover slightly one hour later.

Bank and insurance company ING Group led the list of companies losing out most (down 5.78 per cent).

Trade in former Belgian-Dutch bank and insurance giant Fortis, that was taken over by the governments of the Netherlands, Belgium and Luxembourg and French bank BNP Paribas, remained suspended Tuesday.