Bruised market sitting duck as banking bomb ticks

Frontline Indian indices seem to be on the warpath with no relief in sight. Europe seesawing on its sovereign debt coupled with domestic concerns has left investors feeling like jilted lovers, finding it hard to trust the market again.

December 19, 2011 / 22:56 IST

Moneycontrol Bureau

Frontline Indian indices seem to be on the warpath with no relief in sight. Europe seesawing on its sovereign debt coupled with domestic concerns has left investors feeling like jilted lovers, finding it hard to trust the market again. Recent economic indicators have been gloomy, the advance tax numbers for the last quarter aren't great, and a pause in interest rate hikes just wasn't enough for the market.

The big news that rocked Japan's Nikkei and other Asian markets was the passing away of North Korean leader Kim Jong-il. Credit rating

first published: Dec 19, 2011 05:40 pm

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