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The European Union's financial crisis and bailout strategy of Greece has been a cause for concern. Elsewhere, Netflix shares fall further on news of split up growth plan.

BULLION commodity is on bearish side shows flat note against US commodity market .natural gas bullish gained by 2.80 to last trading session 231.30 .

Today's news : Asian equities delivered some last-minute Christmas cheer, continuing to rally on the last full trading day of the week before the holiday. Oil prices recovery boosted energy stocks in the areas, with US crude nearly 1 per-cent high in Asia trading following a 4 per-cent rally overnight.

Wall Street stayed relatively calm today as Q3 earnings season starts. Utilities lead decliners despite not falling by much. FOMC minutes from the Fed's last meeting is tomorrow.

The market opened on a weak note as a sudden shock from Cyprus rattled investors' nerves across globe. Banks in Cyprus have decided to impose a levy on depositors amid wide protests, which led to a fear of contagion across the financial system in Europe. Benchmark indices reacted to the news, following its Asian peers. The Sensex lost 159.36 points at 19268.20 while the Nifty fell 47.15 points or 0.80% at 5825.45. Biggest losers on the Sensex were Coal India (down 4.3 percent), Bharti Airtel (down 2.3 percent) and Hindalco (down 1.9 percent).... Get Full News with Share Tips here- http://sharetips-capitalvia.com

The 50-share Nifty index is expected to open soft on Tuesday tracking mixed Asian markets and the index may test its crucial psychological level of 6150 in trade today.

While all of the focus has been on European and American economies, the forgotten continent has been Asia and what effect the struggling world economy would have on China's growth.

Given the strength of the recent two-week move, it is not surprising or unhealthy to see small corrections like the selling that occurred yesterday, which was on light volume.

International package delivery service, FedEx, reduced its yearly earnings projection today, leading the transportation sector lower on claims of a sluggish economy with few signs of picking up.