Re: India's Shitsex continues its crash with 408 points down AGAIN

On Apr 2, 10:07 am, "GBoy" <nos...@spamcop.net> wrote:
> Sensex slips below 16k: Infosys, Grasim worst hit
>
>  MUMBAI: Stocks lost further ground after the open as selling pressure
> intensified on the back on weak global cues, but were off initial lows.
> After last ws over 9 per cent rise on the Sensex, traders lightened
> positions. Domestic inflation, which rose to 6.68 per cent, also took its
> toll on sentiment.
>
> At 11:30 am, the Bombay Stock Exchange's Sensex was down 408 points or 2.4
9
> per cent at 15,963.40, making a low of 15,877.57.
>
> Infosys Technologies (down 6.39%), Grasim Industries (4.85%), HDFC Bank
> (4.75%), ICICI Bank (4.33%) and Satyam Computer (4.09%) were the biggest
> index losers.
>
> Cipla (up 1.82%), ITC (0.9%) and Hindalco Industries (0.51%) were the only
> Sensex gainers.
>
> The National Stock Exchange's Nifty was down 110 points or 2.23 per cent a
t
> 4831.7. The index touched a low of 4806.10.
>
> Asian markets dropped Monday, with Japanese stocks dragged down by
> financials such as Mizuho Financial Group on worries about global credit
> markets, and exporters such as Honda Motor in the wake of a drop on Wall
> Street and a stronger yen. The Nikkei lost 2.44 per cent, the Hang Seng
> dipped 1.78 per cent and the Straits Times shed 0.3 per cent.
>
> http://economictimes.indiatimes.com...lips_below_1...

the free market can run, but it cannot hide. it all bodes ill for the
largest economic bubble in human history, china. hundreds of millions
will starve and take to the streets in asia, perhaps billions. japan
may not be able to stay out the fray.