Daily Business Wrap - Jitters in Indian, Pakistani stocks - video Dailymotion

The S&P BSE Sensex tumbled as much as 1.4 percent and the rupee lost 0.5 percent in reaction to Indian jets inside Pakistan.

Transcript

00:00Hello and welcome to Galknews daily business wrap-up.

00:05Indian and Pakistani stocks tumbled in early session today as investors assessed the impact

00:09of rising tensions between both these countries amid improving outlook on emerging markets

00:15and falling oil prices.

00:17Indian Sensex index fell 1.4% early but recovered to end 0.7% higher.

00:26Pakistani stocks tumbled 1.78% and were trading at the lows of the day.

00:32The Indian rupee weakened 0.1% in trade today.

00:36The SEC has asked a New York judge to hold Tesla's boss Elon Musk in contempt over a

00:42tweet he made over company's car production.

00:45Last year Elon Musk had agreed not to make any comments on social networking sites without

00:50previous agreements with the company.

00:53In August last year, Musk announced on Twitter that he would make his company private.