Economy · World

Markets Decline Amid Global Stock Slump

Indian stock markets, including the Sensex and Nifty, experienced declines in early trade, with power and metal stocks contributing to the downward trend. This followed a broader slump in Asian markets, where South Korea's Kospi fell 3.12%, Hong Kong's Hang Seng dropped 3%, Japan's Nikkei 225 lost 1.94%, and Shanghai's SSE Composite Index slipped nearly 1%. Hong Kong stocks were noted to be heading for a four-month low due to diminishing prospects of strong stimulus measures.

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