Monday, August 17, 2009
Fear of Swine Flu panics global markets
The fear of swine flu has created panic decline in the global equity markets.Most of the asian stock markets including Nikkie,Kospi and Hangseng fell by 3% and the indian stock market fell by 4% Nifty was down by 192 points and the Sensex was down by 626 points.The major fall in the indian equity market was led by Reality and Steel sectors.
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