Indian Markets opened gap down on weak global cues.Sensex plunged 2.24 percent down 363.86 points to 15,861.37.NSE is trading down 2.42 percent down 110.40 points, to 4,734.95.Market breadth was extremely weak.BSE Midcap is down 2.96 percent down 192.74 points to 6,324.40 and Small Cap indices is down 3.06 percent down 255.62 points to 8,089.12.
US Markets plunged on Thursday on fears about U.S. unemployment and debt problems in Portugal, Spain and Greece.Dow Jones industrials fell below 10,000 in late trade,though it settled slightly above the mark.The 30-stock Dow Jones industrial average was down 2.61 percent,down 268.37 points to 10002.18. The broad Standard & Poor's 500 index was down 34.17 points, down 3.11 percent, to 1063.11.Nasdaq composite index down 65.48 points,was down 2.99 percent, to 2125.43.
Asian Markets tumble on fears about debt problems in Europe and weak closing in US Markets.Nikkei Stock Average 225 trading down 2.76 percent,down 285.76 points at 10070.22.Hang Seng Index down 2.91 percent,down 592.31 points at 19749.33.KOSPI Index down 3.3 percent,down 53.29 points at 1563.13.Shanghai Composite Index down 1.78 percent,down 53.42 points at 2941.89.STRAITS down 1.95 percent,down 53.63 points at 2691.35.
Bse Realty index is worst hit and is down 4.21 percent down 143.02 points to 3,255.57.Orbit Corporation was down 6.57 percent down 18.15 to 258.30.Sobha Developers was down 6.14 percent down 16.85 to 257.70.
Bse Metal index was down 3.97 percent down 637.10 points to 15,407.69.Jai Corp was down 6.87 percent down 19.55 to 265.20.Hind. Zinc was down 5.16 percent down 55.65 to 1,022.00.
Bse Auto index was down 2.20 percent down 153.00 points to 6,788.36.Apollo Tyres was down 6.80 percent down 3.75 to 51.40.Escorts was down 5.47 percent down 6.70 to 115.75.
Bse Bankex index was down 2.99 percent down 284.28 points to 9,221.83.IndusInd Bank was down 5.19 percent down 8.05 to 147.10.Karnataka Bank was down 4.60 percent down 5.65 to 117.10.
