Stock Markets

Sensex Down 10.75 Pts At 10,326.93

Sensex Down 10.75 Pts At 10,326.93Indian equities moved up in the positive terrain for a short while and soon slipped into the negative to trade on a flat note.

Some buying and selling is witnessed in bluechip stocks. Banking, PSU, power and banking stocks saw buying interest, whereas IT and auto stocks went down.

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

Today, Indian stock market opened with a loss of 33.11 points, at 10,304.57 as compared to the previous day session in which it gained 549.62 points.

Shares rise over 2 per cent in Seoul

Seoul - Shares surged more than 2 per cent Tuesday on the Seoul stock exchange led by construction and bank stocks that are expected to benefit from recent government measures to stimulate the econ

Shares rise more than 2 per cent in Seoul

Seoul - Shares surged more than 2 per cent Tuesday on the Seoul stock exchange led by construction and bank stocks that are expected to benefit from recent government measures to stimulate the econ

Nikkei recovers to 9,000 level

Nikkei recovers to 9,000 levelTokyo - Tokyo stocks ended Tuesday trading higher with the benchmark Nikkei index rising above 9,000 level as the market confidence was regained on a series of economic stimulus packages and the Asian stock market's advance the previous day.

The Nikkei 225 Stock Average surged 537.62 points, or 6.27 per cent, to close at 9,114.6. The index had lost 5 per cent Friday. The Tokyo market was closed Monday for a national holiday.

The broader Topix index of all first-section issues also gained 43.58 points, or 5.02 per cent, to 910.7.

Australia cuts rates to give economy a lift

Australia cuts rates to give economy a lift Sydney - The Reserve Bank of Australia (RBA) on Tuesday cut interest rates by 0.75 per cent to 5.25 per cent in response to a raft of figures showing the economy slowing in the wake of the global financial crisis.

It was the RBA's third monthly cut in the rate it charges banks for borrowing, a reversal of a trend that had seen 12 consecutive rises in the cash rate since May 2002.

The further easing of monetary policy came despite inflation being above the RBA's 3-per-cent target. The central bank now sees a recession as more of a threat than inflation.

Nikkei soars more than 3 per cent

Nikkei soars more than 3 per centTokyo - Tokyo stocks ended morning trading higher Tuesday as investor confidence was regained on a series of economic stimulus packages and the Asian stock market's advance the previous day.

The benchmark Nikkei 225 Stock Average rose 320.89 points, or 3.74 per cent, to 8,897.87. The index had lost 5 per cent Friday. The Tokyo market was closed Monday for a national holiday.

The broader Topix index of all first-section issues gained 28.83 points, or 3.19 per cent, to 895.95.

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