This is the TALK OF THE WORLD.
Not only the BSE, NSE also the world Stock market. The reason is because of "Banking Industry" in US. Already, 11 banks have failed in 2008 alone.There are 117 banks are on its "death list" of troubled institutions. Experts informed that this situation continue this week. After the N-Deals there may be increase in stock exchange between India and US.
BSE
Top Gainers
HIND. UNILEVER
Top Losers
ICICI BANK, JAIPRAKASH ASSO., SATYAM, TCS, TATA POWER.
NSE
BPCL, HIND. UNILEVER, SAIL, TATA COMM.
Top Losers
SUZLON, ICICI BANK, IDEA CELLULAR, SATYAM, TCS.
-----------Exchange-------------------Last-----------Change
United States Stock Market Dow *-----11143.13--------(121.07)
United States Stock Market Nasdaq----2088.86---------(-94.48)
United States Stock Market S & P 500-1165.56---------(-47.45)
Argentina Stock Exchange MerVal------1605.46---------(-86.94)
Brazilian Stock Exchange Bovespa-----47251.55--------(-3531.35)
Canada Stock Exchange TSX------------11610.22--------(-515.78)
Mexican Stock Exchange IPC-----------24726.09--------(-867.68)
Amsterdam Stock Exchange AEX---------323.55----------(-31.03)
London Stock Exchange FTSE 100-------4818.77---------(-269.70)
Deutch Stock Market DAX--------------5807.08---------(-256.42)
French Stock Market CAC 40-----------3953.48---------(-209.90)
Japan Stock Market Nikkei------------11743.61--------(-149.55)
Hong Kong Stock Market Hang Seng-----17880.68--------(-801.41)
China Stock Market Shanghai----------2293.78---------(-3.71)
Singapore Stock Market Straits-------2361.34---------(-50.12)
Jakarta Stock Exchange Jakarta-------1832.50---------(-13.58)
New Zealand Stock Exchange NZX 50----3188.53---------(0.95)
Taiwan Stock Exchange TSEC-----------5929.63---------(0)
Bombay Stock Exchange Sensex---------12595.75--------(-506.43)
Indian National Stock Exchange Nifty-3850.05---------(-135.20)
This is not permanent. Indian Share market will raise after some months. Because of new business trade between India-EU and India-Japan. Let us wait and see.
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2 comments:
Just for a simple mortage and home loans can do this, then what will happen if they drop a nuke in mumbai... the world's economy will never be recoverable.. Not just mumbai. Any industrial area.
Mortgage and credit was the fundamental pillars of the American economy.. and now it is in ruins because of major miscalculations..
But our financial and banking sector are much more different.. the government has lots of control and regulations on them, unlike in the US, where the big companies worked without govt interference... but now things are changing, with the US trying to instill more control in them...
@Phil
Oh bringer of the forewarning of thy apocalypse...! Why shalt thou giveth new ideas to the doers of evil..? Oh why.. oh why..??
Ahem... Anyway.. Japan returned to normal didn't it..??
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