Indian equities continued their negative journey on Wednesday (Sep 10), as discouraging news poured in from world markets.
Metal, power, realty and PSU stocks suffered heavy selling action.
Capital goods and bank stocks managed to find modest support at lower
levels.
IT stocks went up. Some auto, FMCG and pharma stocks gained on
selective buying support. Mid-cap and small-cap stocks lost their way
after a fairly steady start and closed the day with sharp losses.
New York - Wall Street stock indices rose Wednesday, while the dollar also rallied and gold prices continued to drop.
The blue-chip Dow added 38.19 points, or 0.34 per cent, to 11,268.92. The broader S&P 500 Index rose 7.53 points, or 0.61 per cent, to 1,232.04. The technology-heavy Nasdaq Composite Index gained 18.89 points, or 0.85 per cent, to 2,228.7.
The US currency rose Wednesday to 71.482 euro cents from 70.84 euro cents on Tuesday. The dollar leapt against the Japanese currency to 107.77 yen from 106.89 yen on Tuesday.
Hong Kong - Hong Kong shares slipped 2.4 per cent Wednesday with losses in property company and China banking stocks helping to drag the Hang Seng Index below 20,000.
The index lost 491.33 points to finish the day at 19,999.78, pulling it back to the sub-20,000 level, which it ended last week on for the first time in 17 months.
The combined losses of Tuesday and Wednesday all but wiped out Monday's rebound of more than 4 per cent prompted by the US mortgage bailout.
The 30-share index BSE Sensex continued to trade weak on account of sustained selling action seen in the metal stocks followed by oil & gas, power and banking stocks.
Midcap index fell 0.27%, whereas Smallcap surged 0.07%.
Today, the BSE Sensex opened after losing 183.23 points at 14,717.53.
At 12:54 p.m., the 30-share index Sensex stood at 14,803.53, down 97.23 points, after hitting a high of 14,866.32 and a low of 14,714.52.
Taking signs from weak Asian markets, the BSE Sensex opened with a negative gap of around 100 points at 14,852.20 on Tuesday (Sep 09).
The BSE, which plunged to 14,714.92 during the day, marked its closure at 14,900.76 after losing 44.21 points. It also touched an intra-day high of 14,998.32.
The Nifty, which touched an intra-day high of 4497.50 and an intra-day low of 4418.95, ended the day at 4468.70, down 13.60 points.
back of discouraging worldwide signals. 
news poured in from world markets.
Wall Street stock indices rose Wednesday, while the dollar also rallied and gold prices continued to drop.
Hong Kong - Hong Kong shares slipped 2.4 per cent Wednesday with losses in property company and China banking stocks helping to drag the Hang Seng Index below 20,000.
action seen in the metal stocks followed by oil & gas, power and banking stocks.
around 100 points at 14,852.20 on Tuesday (Sep 09). 
