India’s Sensex Index Slides as Investors Flee Risk; Bharti Drops
This article is for subscribers only.
India’s benchmark stock index slid as an artillery exchange between North and South Korea prompted investors to flee riskier assets amid investor concern global economic growth may falter.
Bharti Airtel Ltd., the nation’s largest mobile-phone operator, dropped for the first time in six days. The confrontation between the countries added to losses on Asian markets after Moody’s Investors Service warned it may downgrade Ireland. State Bank of India, the biggest lender, retreated to its lowest level since Sept. 8.