Tokyo - Stocks in Japan dropped in early trading Friday, dragged down by opposition to the US car industry bail-out plan by conservative lawmakers in the US Senate.
The benchmark Nikkei 225 Stock Average was down 110.31 points, or 1.27 per cent, to 8,610 at mid-trading, also affected by the yen strengthening against the dollar.
The broader Topix index of all first-section issues declined by 6.06 points, or 0.71 per cent, to 843,19.
Indian Markets opened flat on Thursday. NSE Nifty was down by 3 points at 2926. BSE Sensex was marginally up at 10.07 a.m. IST. Volatility may be higher in days to come and markets will depend largely on International cues.
Reliance Communications was trading strong. The stock was up by nearly 8.8%. At NSE Reliance Communications touched an intraday high of Rs 249.55 and a low of Rs 232 during the early trading session.
Among major gainers were ICICI Bank (up by 2.7%), Sterlite (up by 4%), Zee Entertainment (up by 3.5%) and HDFC Bank (up by 2%).
Major losers included Technology stocks, Wipro, TCS, Satyam, Siemens.
Tokyo - Japan's Nikkei index slid in early trading Thursday as rising commodity prices dimmed earnings prospects of Japanese companies, while the Topix index gained some ground.
The benchmark Nikkei 225 Stock Average was down 68.97 points, or 0.79 per cent, at mid-trading, also driven down by emerging opposition in the US Senate to the rescue deal for US carmakers.
The broader Topix index of all first-section issues rose 1.98 points, or 0.24 per cent to 836.53.
New York - US stocks gained Wednesday as energy and metal prices rose, despite worries about the fate of a proposed 14-billion- dollar bail-out for carmakers.
Energy shares led the rally on the Standard & Poor's 500 Index as oil future for January delivery rose 3.4 per cent to 43.52 dollars per barrel, Bloomberg financial news reported. While US aluminium giant Alcoa Inc picked up the most of any stock in the Dow Jones Industrial Average, gaining 6.8 per cent.