Nikkei falls to a 4-wk low on weak Japan GDP, US fiscal woes
TOKYO, Nov 12 (Reuters) - The Nikkei average slipped to a four-week low in early trade on Monday on the back of weak Japanese GDP data and on concerns over U.S. fiscal woes that threaten to push the world's largest economy into recession. The Nikkei fell 0.5 percent to 8,714.55, while the broader Topix index eased 0.5 percent to 727.35.
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The BSE Sensex and Nifty rose more than 1 percent on Monday to mark their biggest daily gain in more than one week after the government's energy reforms led to a rally in oil firms, while wins by Prime Minister Narendra Modi's party in two state elections raised expectations for additional reforms. Full Article