Mid-session outlook(01-03-2011)
A powerful earthquake has struck off Japan's north-eastern coast, shaking buildings in Tokyo and forcing people out of their homes, witnesses said.
Japan issued its most serious tsunami warning, saying a wave as high as 6m (20ft) could strike the coast near Miyagi prefecture.
US officials said the 8.8-magnitude quake struck about 250 miles (400km) from Tokyo at a depth of 20 miles.
Above news triggered fresh down moves in all Asian markets and ascertained Nifty sustaining below 5470. More down moves will also be seen.