Indian benchmark indices, the Sensex and the Nifty, fell over 0.8 per cent in the morning session today on continued selling by funds and retail investors due to depreciating rupee and a weak trend in the Asian markets.
The 30-share BSE index Sensex was down 156.12 points or 0.96 per cent at 16,152.67 and the 50-share NSE index was down 47.3 points or 0.96 per cent at 4,903.45.
Investor sentiment was hit due to persistent concerns over Greece’s future in the Euro zone and rising borrowing costs in Spain and Italy.
Japan’s Nikkei 225 was down 158.62 points or 1.84 per cent at 8,474.57, while Hong Kong’s Hang Seng was down 207.01 points or 1.11 per cent at 18,483.21.
Gold price is still not stabilized in India like everywhere else. After going down, the g
Gold price opens lower in Hong Kong
The gold price in Hong Kong went down 180 HK dollars to open at 12,720 HK dollars per tael on Thursday, according to the Chinese Gold and Silver Exchange Society.
The price is equivalent
Market Cap Indices Turn Red at Qatar Exchange
The QE index spending almost the entire session below the break even line witnessed a bearish trend on Thursday 23rd May 2013. The index dropping 37.28 points or 0.41 percent reached at 9,048.62 leve
Small Cap and Large Cap Push ADX Index Lower
The ADX General Index sustained its downward march and finished the session with a decline of 1.23 percent on Thursday 23rd May 2013 . The index dropped 43.02 points, closing at 3,460.36.
M
WEF to focus on challenges
Leaders from the Middle East and North Africa in business, economics and politics will focus on the aftermath of the Arab Spring as they gather for the World Economic Forum in Jordan this weekend.