Stock Markets

Wall Street falls for second day on swine flu, banking fears

Wall Street falls for second day on swine flu, banking fearsNew York - Major US stock indices fell for a second straight day Tuesday as concerns over the economic impact of a growing swine- flu outbreak and the state of US banks overshadowed a massive jump in consumer confidence.

There were 64 confirmed cases of swine flu in five US states, and alerts have been raised across the globe. In Mexico, where the outbreak originated, more than 150 people have died of an influenza- type illness.

Delta Air Lines Inc led a drop in travel shares on Wall Street.

Shares fall sharply in Seoul

Seoul stock exchangeSeoul - Share

Tokyo stocks higher on pharmaceuticals amid swine flu fears

Tokyo stocks higher on pharmaceuticals amid swine flu fears Tokyo  - Tokyo stocks ended Tuesday morning trading slightly higher on pharmaceutical issues as the swine influenza spreads to ever more countries.

The benchmark Nikkei 225 Stock Average inched up 38.51 points, or 0.44 per cent, to 8,764.85.

The broader Topix index of all first-section issues was also up 0.99 points, or 0.12 per cent, at 834.09.

Stocks opened lower Tuesday after overnight retreats in the US market and a stronger yen.

Sensex continues its lead, closes at 11,371

Sensex continues its lead, closes at 11,371 The BSE-benchmark-Sensex gained for the third day in a row after an extremely volatile session as investors took calculative steps ahead of F&O expiry on 29th April 2009.

In the morning, the domestic market opened on negative note tracking weak cues from the Asian markets. But during mid-session, the market gathered decent momentum to touch day's high on significant buying across the board.

However, despite sharp come back, market was not able to hold the same impulse and slipped again, on profit booking.

Indian Markets close positive after low opening on Monday

Indian Markets close positive after low opening on MondayThe benchmark indices closed on a flat note after an extremely volatile and choppy session ahead of expiry. Stocks around the world declined as the Swine Flu outbreak extended beyond Mexico and the U. S., prompting concern of a pandemic and forcing Asian countries to screen travelers.

Buy ABB Ltd At Rs 463, Target 540: Hunny Tarika, Fairwealth Securities

Buy ABB Ltd At Rs 463, Target 540: Hunny Tarika, Fairwealth SecuritiesTechnical analyst Hunny Tarika, Fairwealth Securities has maintained ‘Buy’ rating on ABB Ltd stock to achieve a target of Rs 540.

According to Tarika, interested investors can buy the stock around Rs 463 with a stop loss of Rs 429.

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