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Indian Stocks Down 7%

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shares plunge nearly 7 pct

Thursday, May 18, 2006 Posted: 1335 GMT (2135 HKT)

Stock Exchanges


India (Reuters) -- Indian shares plunged nearly 7 percent on Thursday, posting their biggest one-day fall in points, as
investors dumped commodities
on weak Asian markets and fretted about possible taxes on foreign portfolio investments.

Could the commodoties bubble be unwinding with an Asian lead?

Gold F down $24:

GC6Q.N GOLD AUG 06 12:56PM 694.00 $ 24.00 -3.34%

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  • 301 Brexit, House prices and Summer 2020

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