Wall Street opens lower on Greece impasse

Vinod Dasari, managing director, Ashok Leyland, told NDTV Profit that the company is planning to make about 36,000 vehicles in FY13-14. “We are happy about the exports market that we have developed. Southern markets are seeing revival,” he added.

NDTV Profit Desk

14 May 2012, 08:17 PM IST

Honda India president Keita Muramatsu (left) and actor Akshay Kumar at the Dream Yuga launch in Gurgaon on Tuesday.

U.S. stocks fell on Monday, tracking global equity markets lower as a political impasse in Greece heightened concerns about Europe's debt crisis and fears mounted about an economic slowdown in China.

The Dow Jones industrial average was down 96.64 points, or 0.75 per cent, at 12,723.96. The Standard & Poor's 500 Index was down 11.50 points, or 0.85 per cent, at 1,341.89. The Nasdaq Composite Index was down 24.59 points, or 0.84 per cent, at 2,909.23.