sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Latest Expert Exchange
« Markets »
 FM calms nerves, says no plan to tax market gains
 Why we must tweak the market-led model
 PE transactions prompt income tax queries over round tripping concerns
 Amended India-Mauritius tax treaty only covers investments in shares
 Government drops cap gains tax on startup shares held for 2 years
 Tax-free bonds regain demand in the secondary market
 Relevant Market’ Under Competition Act, 2002
 Indian markets best in terms of earnings momentum, price revision
 How India will become a common market with GST
 Broader markets outperform; Nifty holds 8,500
 Have Indian markets run ahead of fundamentals?

Sensex tanks 200 points on global weakness
May, 25th 2010

Tracking the global weakness, Indian equities opened gap-down on Tuesday. Asian stocks plunged today on reports that North Korea is readying its military to prepare for war, with the US planning to conduct joint anti-submarine exercises with South Korea. The Kospi Index plunged 3.2 percent. Nikkei 225 lost 2.3 percent.

Monday, European stocks fell on concern Europes debt crisis may spread after the International Monetary Fund said Spains banking sector remains under pressure.

Back home, National Stock Exchanges Nifty was at 4881.20, lower by 62.75 points or 1.27 per cent. The 50-share index opened at 4945.30 versus Mondays close of 4943.95. The index touched a low of 4874.90 from a high of 4946.60.

Sensex was at 16,263.42, down 206.13 points or 1.25 per cent. The Bombay Stock Exchanges sensitive index started the day at 16,444.57 against the previous close of 16,469.55. The 30-share index sank to a low of 16,254.04 in the early minutes.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Our Team

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions