In a bid, Japan`s central bank pumped-up 400 billion yen into money markets to control an advancement in short-term interest rates accompanying immense withdrawals in the last two days.
This is the bank’s third activity in the last 7 days amongst international concerns about US mortgages crisis.
In early trading, State Bank of India (SBI) is quoting at Rs 1,542.90, depressed Rs 72, or 4.46%. It also touched an intraday high of Rs 1,585 and an intraday low of Rs 1,518.60.