Yesterday Globally, equity markets were in the red India have been the worst performer in Asia. Indian markets tanked nearly 7%. Sensex closed at 9839 and Nifty closed below at 2938.
In the UK, home sales fell to a near 30-year low, due to the tight credit conditions. China reported the slowest export growth in the last 17 month. In Japan export fell by 10% in first 20 days in Oct.
Export duty collections in India dropped down by 8.7%. Cutoms duties down by around 1%.
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