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Sensex down 135 points; hovering above 19,300

Last Updated: Friday, December 21, 2012, 09:59

The BSE benchmark Sensex resumed lower at 19,394.55 and dropped further to a low of 19,290.50 before quoting at 19,318.57, showing a net loss of 135.35 points of 0.70 percent.

World stocks slide as uncertainty grows over US 'fiscal cliff'

Last Updated: Friday, December 21, 2012, 09:19

US S&P 500 stock futures plunged 1.5 percent on worries over the US "fiscal cliff".

Obama hopeful of a bipartisan solution to fiscal cliff problem

Last Updated: Friday, December 21, 2012, 09:09

The President's main priority is to ensure that taxes don't go up on 98 percent of Americans and 97 percent of small businesses in just a few short days, White House Press Secretary, Jay Carney, said.