Indian shares slide

Indian shares fell 3.03 percent on Tuesday in nervous trade on concerns that the US government's bailout plan to help contain the financial crisis could be delayed, dealers said. Fears of inflationary pressures grew as crude oil prices held firm after Monday's record jump. The BSE benchmark 30-share Sensex index fell 424.65 points to 13,570.31, its second straight day of losses.
"There is fresh uncertainty prevailing on how the 700-billion-dollar plan is going to be worked out which was reflected in our markets," said Alex Mathew, head of research at brokerage Geojit Financial services.