Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Stocks Are Tumbling

Sam RoJan 31, 2013, 01:56 IST

The legs have come out of the markets and stocks are selling off.

Earlier this morning, we learned GDP unexpectedly fell by 0.1 percent in Q4. This was much worse than the 1.1 percent gain expected.

This was largely due to the drop in inventory.

And personal consumption climbed by more than expected.

It's worth noting that stocks are still close to their post-crisis highs.