Markets Nosedive
Sensex loses 388 points, Nifty ends below 6,000 on Fed, China concerns
The Nifty posted its biggest percentage fall in a year on Thursday, as the prospect of an end to the U.S. stimulus programme and a weak China manufacturing survey sparked concerns foreign investors would end their recent buying spree. Full Article
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MARKET EYE-Indian shares down; FDI vote in upper house key
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The many faces of Sreesanth
The various emotions and reactions of Shanthakumaran Sreesanth on and off the cricket field. Slideshow
* The BSE index falls 0.63 percent to 19,269 and the NSE index is down 0.64 percent to 5,863, on profit-booking. * The government's win in the retail FDI vote in Lok Sabha on Wednesday failed to boost sentiment as traders remain cautious over the vote in the upper house. * India's 50-share index has been trading in the "overbought" territory, with its 14-day relative strength index around 70. * Leading the falls Infosys drops 2.1 percent while Tata Consultancy Services is down 1.7 percent on Cognizant Technology Solutions Corp SEC filing. * GMR Infrastructure falls 3.2 percent after a Singapore court ruled in Maldives' favour on Thursday, overturning an earlier order given in favour of GMR, suspending the South Asian country's decision to cancel its $511 million airport development contract with the company. (abhishek.vishnoi@thomsonreuters.com /; abhishek.vishnoi.reuters.com@reuters.net)
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