The Indian stock markets declined on Friday (June 13), stretching its 
weekly loss to the fourth straight week, after inflation climbed to 8.75% for the week ended May 31, raising speculation that the central bank might take more action.
After opening with a positive gap of 77 points, the BSE Sensex was not able to hang on to the gains, and traded in a lackluster manner during the day.
JP Associates, DLF and HDFC Bank led the declines. Metal and real estate stocks declined, while the fertilizer pack gained.
New York - US stocks
Stocks opened higher Monday in Tokyo as the U
