Sensex finishes 139 points higher, Nifty has 13,500 points; ONGC, the main winners of NTPC

December 11, 2020 02:48:46 PM IST

Global stocks tumble after Wall St falls on virus pressure

Global stock markets mostly fell on Friday after U.S. unemployment claims surged in a sign of worsening economic damage from the coronavirus pandemic, while Congress is stalled on possible new aid.

On Wall Street, the future of the S&P 500 was down 0.4% and that of the Dow Jones Industrial Average was down 0.3%.

On Thursday, industrial and communications stocks led the S&P 500 slide. The Dow Jones fell 0.2%. The Nasdaq compound was up 0.5%.

In Asia, the Shanghai Composite Index lost 0.8% to 3,347.19 and the Nikkei 225 in Tokyo lost 0.4% to 26,652.52. The Hang Seng in Hong Kong advanced 0.4% to 26,505.87.

The Kospi in Seoul advanced 0.9% to 2,770.06 while the S & P-ASX 200 in Sydney fell 0.6% to 6,642.60.

India’s Sensex fell less than 0.1% to 45,927.34. New Zealand and Singapore advanced while Jakarta declined.