SINGAPORE Indonesia's port in Banda Aceh remained open after an 8.7 magnitude earthquake struck on Wednesday, while Chennai port shut due to a tsunami watch issued for the whole Indian Ocean, two port authority officials said.
The quake struck 308 miles (500 km) southwest of the city of Banda Aceh, on the northern tip of Indonesia's Sumatra island, at a depth of 20.5 miles, the U.S. Geological survey said.
(Reporting by Randy Fabi and Luke Pachymuthu; Editing by Himani Sarkar)
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What seemed like a possibility for the Nifty to cross the 8,000 mark just two weeks ago has now turned out to be a far-fetched dream. A 7,950-8,000 range could be used to book partial profits and re-enter closer to 7,750-7,800 for the next couple of weeks. The next big trigger would be the arrival of monsoons, writes Ambareesh Baliga. Read