(Photo credit: Representational image/Unsplash)

  • Asian markets saw a big fall on Wedesday 
  • Tokyo led the sell-off with the Nikkei down 2% by the close
  • Mumbai fell another 0.5 percent on Wednesday as India battles a worrying virus surge

.Mumbai, Maharashtra, India
Sensex finished Monday at 47,883.38. (Photo credit: PTI)

  • Last Monday had seen the Sensex fall about 1450 points or 2.9%  in the early trading hours
  • Nikkei, Hang Seng and Shanghai Composit also saw significant  falls
  • Maharashtra saw a rise of 63,000 cases and 381 deaths on Monday

.New York, NY, USA
US Dollar was down from 110.72 yen to 110.61 yen. (Representative Image: Pixabay)

  • Broad-based S&P 500 surged 1.2% to close at 4,019.87
  • Meanwhile, Nasdaq was up by 1.8% at 13, 480. 11
  • WHO slammed Europe's vaccine rollout as "unacceptably slow"

.New York, NY, USA
Asian stock markets earlier closed mostly higher. (Representative Image/Unsplash)

  • In Europe, London's FTSE 100 gained as a weaker pound
  • The Dow and S&P 500 managed to edge to new records for the second day
  • Traders are watching how President Biden's $1.9 trillion relief bill will impact the economy

.New York, NY, USA
European markets were broadly higher. (Representative Image/Unsplash)

  • Both the S&P 500 and Nasdaq finished at all-time highs
  • Milan rose by 1.6% and closed at 22,900.55
  • The BoE cut its 2021 gross domestic product growth forecast to 5.0% from 7.25%

.Tokyo, Japan
(Photo Credit: Representational Image/Pixabay)

  • The benchmark Nikkei 225 index, which jumped 16% last year, lost 0.68%
  • After stocks opened higher, PM Suga said he was considering declaring a state of emergency in the greater Tokyo area
  • Trading is likely to remain sensitive for now: Expert