Jaiprakash Associates started today‘s trade with cuts of close to about 2.5 percent reacting to a disappoint set of numbers.
The trigger of the DAX moving to flat for the year was potentially very significant, says Nick Parsons, head of markets strategy, Europe for National Australia Bank. Talking to CNBC-TV18, he says though Chinese data has been disappointing, it is important to look at it in context.
Tata Motors slumped over 5% Friday as investors dumped shares on disappointing standalone results and concerns over domestic growth in the current fiscal.
Opposition parties today came down heavily on General Budget 2011-12 dismissing the exercise as "very disappointing and directionless" and said it has failed to address the problems of unemployment and price rise affecting the common man.