Stock Markets and Dubai debt crisis

[paradise_fan]

Shares of Indian companies exposed to Dubai were witnessing heavy selling pressure. The broader indices slipped 4%, as about 65 shares advanced while 1,208 shares declined on the NSE.

stated moneycontrol.com

A few links that might help understand the dubai debt crisis and its relation with a sharp fall in stock markets world over :

Moneycontrol.com - Sensex recovers, but still down over 200pts; Ranbaxy up

Moneycontrol.com - Dubai jitters: Will bears overtake investor confidence now?

Moneycontrol.com - Dubai jitters: Will bears overtake investor confidence now?

Reuters - Dubai struggles to assuage debt fear

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