Tokyo, Sydney stocks drop; Mumbai extends gains

Posted on May 20, 2011 at 05:54 AM EDT

Japanese stocks fall as utilities decline on uncertainty over the future of the power sector, while Indian shares climb as engineering major Larsen & Toubro jumps for a second straight day after issuing a robust sales forecast.

Related Stocks:

Aluminum Corporation of China ADS BHP Billiton Ltd. ADS DFM BANK IND Hindalco Ind Ltd Ord Reg S Inpex Corporation Mitsubishi UFJ Financial Group Inc. ADS Rio Tinto PLC ADS Sumitomo Mitsui Financial Group, Inc. Tokyo Electric Power Co Inc Unsponsored ADR

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