India's stock market crash in Asia overall fall.

<P> Indian stock market bull run came to a standstill yesterday, on the points, the Bombay Stock Exchange (Bombay Stock Exchange) suffered the most serious fell nearly 7%, which is the first big correction in two years. .</ P> <P> Bombay stock market sell-off, resulting in a wider range of Asian stock markets down. .As the global market remains volatile, the market for the U.S. to further raise interest rates, growing inflation and growing risk aversion of international investors worried about the stock market in Asia is to this response. .</ P> <P> Morgan Stanley Capital International Index (MSCI) Asia Pacific index appears more than a year the biggest one-day drop since Tokyo, near the close of trading session down 2.5%, Jakarta down 4.3% in the market, Karachi or 3.65 .%, Manila fell 3.4%. .</ P> <P> Japan, the largest stock exchange in Asia (Tokyo Stock Exchange) stocks and appeared in eight trading days of the 7th down. .Nikkei 225 index (Nikkei 225) fell 1.35% to close at 16,087.18 points - for the March 9 the lowest close since. .</ P> <P> in India, metals companies Hindalco Industries and Tata Steel (Tata Steel) top stock decline, down more than 10%. .However, India's BSE index closed all 30 stocks are lower, so that the index closed down 826.38 points to 11,391.43 points, down 6.76%. .</ P> <P> Mumbai has always been one of the best performing emerging markets, which both benefit from easy access to global liquidity, the Indian market also benefited from optimism about the prospects for economic growth. .After yesterday's plunge, India BSE30 index (also known as Sensex) rose in the past 52 weeks is still as high as 77%. .</ P> <P> "This is a part of a global meltdown," Mumbai stockbroker Rakesh Jhunjhunwala said, "I am long term bullish but short-term 'fixed on the screen'." He's been tens of thousands of retail stock analysts .investors pay close attention. .</ P> <P> recent months, foreign portfolio capital inflows started to slow down the momentum in India, and the reversal will prompt investors to carefully examine the fundamentals of the Indian economy, and examine its exposure to changes in investor psychology .out of weakness. .</ P> <P> Morgan Stanley (Morgan Stanley) Analysts said foreign institutional investors for the growing current account deficit financing is crucial, this investment slowdown, may force new .Delhi to make more efforts to attract foreign direct investment, and probably will do this restart the stalled privatization program. .(Nathalie) </ P>.