Monday, February 2, 2009

Mkts end 4% down on weak global cues

Mkts end 4% down on weak global cues

Global cues were the main reason behind the slump.

At closing,

European markets were

  • The FTSE  down 100 points at 4,048
  • CAC down 92 points to 2,882
  •  DAX down 120 points to 4,219.

Asian markets ended mixed.

  • Hang Seng fell 3.14% and
  • Straits Times lost 2.36%.
  • Kospi and Nikkei lost 1.3-1.5%.
  •  Shanghai down 1.06%
  • Taiwan down 0.28%.

 NSE Nifty closed below 2800 mark, down 3.76% or 108.15 points at 2766.65

 BSE Sensex shut shop at 9,066.70, down 357.54 points or 3.795