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Market Update : 
India FDI to Reach $60 Billion, Stocks Down
Author: Mayank Mehta
123jump.com
Last Update: 9:07 AM ET November 24 2009

Daily Trading Summary

(Continued)

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Stocks in Mumbai traded lower. Hindalco plans to raise as much as $580 million. Reliance Industries declined as investors question the benefits of acquiring bankrupt LyondellBasell to shareholders. Rupee traded lower to 46.57 against the dollar.

 
Asian Markets Review

The Nikkei 225 Index in Tokyo closed lower 96.10 or 1.01% to 9,401.58, and Hang Seng index in Hong Kong decreased 348.25 or 1.53% to 22,423.14, and CSI 300 index in China lower 117.43 or 3.20% to 3,548.08. ASX 200 index in Australia decreased 32.00 or 0.68% to 4,685.00. The FTSE Bursa KL Composite index in Malaysia was higher 1.21 or 0.10% to 1,272.09.

The Kospi Index in South Korea decreased 12.63 or 0.78% to close at 1,606.42. SET index in Thailand closed lower 14.19 or 2.06% to 676.22. JSE Index in Indonesia decreased 9.53 or 0.38% to 2,471.88. The Sensex index in India decreased 49.10 or 0.29% to 17,131.08.


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