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A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea on Thursday.(AP Photo)

Asian shares, Wall Street indexes sink after WHO declares coronavirus a pandemic

By Associated Press | Tokyo
UPDATED ON MAR 12, 2020 02:10 PM IST
Investors are calling for coordinated action from governments and central banks to stem the threat to the economy from the novel coronavirus.
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The 30-share key BSE index zoomed 1,921.15 points or 5.32 per cent to close at 38,014.62. During the day, it advanced 2,284.55 points to 38,378.02, its biggest intra-day spike in over a decade.(HT image)
The 30-share key BSE index zoomed 1,921.15 points or 5.32 per cent to close at 38,014.62. During the day, it advanced 2,284.55 points to 38,378.02, its biggest intra-day spike in over a decade.(HT image)

Investors become richer by nearly Rs 7 lakh cr in a day on FM’s tax booster

By Press Trust of India | New Delhi
UPDATED ON SEP 20, 2019 05:50 PM IST
The bull market led the market capitalisation of the BSE-listed companies to soar Rs 6,82,938.6 crore to Rs 1,45,37,378.01 crore in single day.
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A man looks at an electronic board showing stock information.(REUTERS)
A man looks at an electronic board showing stock information.(REUTERS)

Tech stocks battered after disappointing Amazon and Alphabet results

By Reuters | Reuters
UPDATED ON OCT 26, 2018 08:14 AM IST
During Thursday’s official trading session, all four FANG stocks rallied by between 3 percent and 7 percent, regaining some of the territory lost in recent weeks during a broad market sell-off. The Nasdaq jumped 2.95 percent, but remained down 10 percent from its August record high close.
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The mood on Dalal Street is funereal. The NSE midcap index is down 26% from the highs, the small cap index down 32%(REUTERS)
The mood on Dalal Street is funereal. The NSE midcap index is down 26% from the highs, the small cap index down 32%(REUTERS)

It’s the return of the bear market

By Udayan Mukherjee
UPDATED ON OCT 13, 2018 07:00 PM IST
At this stage, it is tough to say how vicious this bear market will be. After all, the mother market, the US, has just started falling. But the road ahead looks ugly
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