Stock Markets

Sensex Below 11K

There seems to be no stopping for Sensex. It lost more than 800 points Sensex Below 11Kbecause of worldwide financial crisis.

The 30-share index BSE Sensex touched an all time low of 10,940.85 in early trading. All segments suffered huge losses. This is the benchmark’s lowest since early August 2006.

Consumer Durables, which suffered the most, fell over 13% because of heavy selling in key stocks in that space.

Real estate, metal, IT, banking and power sectors took a severe hammering. BSE Midcap and Smallcap index plummeted 8.57% and 7.28% respectively. 

Hong Kong shares plunge 5 per cent in early trading

Hong Kong shares marketHong

Tokyo market continues dive

Tokyo, JapanTokyo - The Tokyo stoc

US stocks plunge as Fed moves fail to calm investors

US stocks plunge as Fed moves fail to calm investors Washington - US stocks fell sharply again Tuesday as investors remained unconvinced that new lending avenues created by the Federal Reserve would unblock credit to the struggling US economy.

The three major stock indices each fell more than 5 per cent. The Dow Jones Industrial Average fell more than 500 points and the broader S&P 500 dropped below 1,000 points for the first time in five years.

Bernanke suggests rate cut as Fed announces new liquidity measures

Bernanke suggests rate cut as Fed announces new liquidity measuresWashington - Federal Reserve Chairman Ben Bernanke suggested another interest rate cut was on the way, while the US central bank Tuesday announced fresh moves to inject liquidity into the struggling US financial system.

Bernanke said the ongoing financial turmoil meant the outlook for economic growth had "worsened" in recent weeks as the availability of credit to banks, consumers and businesses has threatened to dry up completely.

World stocks in uneven performance amid further turmoil

World stocks in uneven performance amid further turmoilStock market trading around the world Tuesday was uneven as investors appeared uncertain where to turn next in the ongoing international financial turmoil and new trouble spots emerging.

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