Should India be able to decouple itself from US Subprime Impact?

Friday, December 28, 2007

Asian Stocks Drop

BSE Sensex opened flat early morning in line with the Asian markets, which was up yesterday. Most of the Asian markets drop, with Nikkei-225 down by 256 points, Hang Seng down by almost 300, Topix by 24 and SGX(Singapore) down by 20 points. Analysts say it might be the effect due the assasination of the former Prime Minister of Pakistan, Benazir Bhutto, who died yesterday. Dow Jones was down by 192 points yesterday from where it recovered and now 43 points up.

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