Asian Share Market Crash: Indian stock markets were closed on Friday for Gandhi Jayanti, but investor concerns were evident during trading in Asian markets. Hong Kong's Hang Seng fell nearly 3 percent to an 11-week low, while Japan's Nikkei and Topix also declined.
Asian stock markets fell on Friday after sharp movements in global interest rate and currency markets. Hong Kong led the decline, while oil above $100 and higher Japanese inflation kept interest rate volatility intact.