Stock Markets

Stock Mkts May Behave Unpredictably For Some Time, Says Vishwas Agarwal

Stock Mkts May Behave Unpredictably For Some Time, Says Vishwas AgarwalIndian stock markets have declined a lot during the last 10 months and capitalists have lost faith in the equities. But the golden rule of investing still remains unbroken, that in the long run companies with well-built fundamentals and talented management will always provide handsome returns.

The existing negative reaction has taken the rate of many shares much below their fair value. These shares cannot stay at such low levels and are expected to bounce back to somewhere closer to their fair value.

Singapore stocks down by 1.3 per cent

Singapore stocks down by 1.3 per centSingapore - Singapore shares went through another selling spree Wednesday on reports the city state is likely to experience negative economic growth next year.

The Straits Times Index (STI) fell 1.3 per cent, or 22.95 points, to 1,784.01.

The STI was down by 22.51 points at mid-day.

The Singapore Exchange closed with 250 losers against 177 gainers.

Volume totaled 1,126.4 million shares.

The market has failed to sustain mid-morning and mid-afternoon recovery attempts, analysts said.

Sensex Sheds 182.76 Pts On Heavy Selling

Sensex Sheds 182.76 Pts On Heavy SellingIndian equities slipped further into the negative terrain on the back of heavy selling witnessed across board.

Realty, metal, banking and consumer goods have suffered sharp losses.

FMCG, oil, telecom, pharma and power stocks also drifted down sharply. IT stocks that were see ruling firm till a little while ago, have ceased most of their gains.

BSE Midcap and Smallcap index fell more than 1% each on heavy selling.

At 2:04 p.m., the 30-share index Sensex stood at 9,656.93, down 182.76 points. It also touched a high of 9,928.60 and a low of 9,559.33.

Sensex Down 81.30 Pts At 9,758.39

Sensex Down 81.30 Pts At 9,758.39The Sensex recovered its early losses and trying to make headway towards positive terrain.

Realty, auto and FMCG stocks led the declining charts, whereas IT stocks gained ground. BSE Midcap and Smallcap index lost 0.85% and 0.87% respectively.

With no great triggers on the way, the mood remains quite watchful on the bourses today.

Tokyo stocks end lower on US market's losses

Tokyo stocks end lower on US market's lossesTokyo - Tokyo stocks ended lower Wednesday on Wall Street's overnight losses and slumping commodity prices.

The Nikkei 225 Stock Average dropped 113.79 points, or 1.29 per cent, to close at 8,695.51, with shares of commodity companies among the biggest losers of the day.

The broader Topix index of all first-section issues was also down 14.13 points, or 1.59 per cent, to 875.23.

On currency markets at midday (0300 GMT), the dollar was quoted at 97.78-83 yen, up from Tuesday's 5 pm quote of 97.64-65 yen.

Tokyo stocks open lower on US market's losses

Tokyo stocks open lower on US market's lossesTokyo - To

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