Indian equities opened negatively due to weak global reaction, despite the US Senate voting in favor of the $700 billion financial rescue plan, which aims at reviving the drowning financial segment.
Moreover, the passage of Indo-US nuclear agreement also failed to boost the outlook during early trade.
Asian markets opened negative today (Oct 03) on growing worries over the U.S. economic system.
Today, the 30-share index, BSE Sensex opened at 12,899.62, down 156.05 points, as against its last closure at 13,056, up 195.24 points, on Wednesday (Oct 01).
Tokyo - Japan's key Nikkei 225 Stock Average fell below the 11,000-point-mark Friday hitting the lowest since May 2005 following overnight plunges on the Wall Street.
The benchmark Nikkei index ended the morning trading at 10,996.98, down 157.78 points, or 1.41 per cent.
The broader Topix index of all first-section issues also fell 25.09 points, or 2.33 per cent, to 1,051.88.
Washington - US legislators were hearing a changed tune on on Thursday as business and retired communities made a desperate last -minute push for final approval of a sweetened US financial rescue by the House of Representatives on Friday.
Business leaders met with US President George W Bush Friday morning at the White House, while the US Chamber of Commerce made an urgent appeal on its website for members to contact their legislators "and urge them to support this vital piece of legislation."
On Tuesday, Finance Minister P. Chidamabram and the Securities and Exchange Board of India (SEBI) made efforts to relax investors who had been filled with tensions after the lawmakers rejected the much-awaited mega rescue package for bad mortgage debts in the U.S. Following the efforts made by Finance Minster and SEBI, the Bombay Stock Exchange 30-share sensitive index (Sensex) hiked up by 264 points, in spite of the challenging global trends.
Sydney - Australian stocks ended a topsy-turvy session marginally lower Thursday despite the news that the US Senate had approved a bail-out package for Wall Street.
The ASX200 slipped 33 points, or 0.6 per cent, to 4,761.
"Resources had a great rally yesterday, and they are giving back some of those gains today with BHP Billiton down and Rio Tinto down 4 per cent," analyst James Waggett of Bell Potter Securities said Thursday.
voting in favor of the $700 billion financial rescue plan, which aims at reviving the drowning financial segment.
Tokyo - Japan's key Nikkei 225 Stock Average fell below the 11,000-point-mark Friday hitting the lowest since May 2005 following overnight plunges on the Wall Street. 
Sydney - Australian stoc
Washington - US legislators were hearing a changed tune on on Thursday as business and retired communities made a desperate last -minute push for final approval of a sweetened US financial rescue by the House of Representatives on Friday.
Board of India (SEBI) made efforts to relax investors who had been filled with tensions after the lawmakers rejected the much-awaited mega rescue package for bad mortgage debts in the U.S. Following the efforts made by Finance Minster and SEBI, the Bombay Stock Exchange 30-share sensitive index (Sensex) hiked up by 264 points, in spite of the challenging global trends. 
