Market today

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Asian stocks suffered sharp loses early Thursday, with technology, financials and consumer electronic among the weaker performers amid mounting fears over a synchronized global recession.Japanese exports declined 7.7% in October from a year earlier, its biggest drop in almost seven years, according to data released Thursday by the Finance Ministry.India also in the selling mood.Expect the index to break the 8,500.00 levels as investors lost hope of a bounce back, spurring a fresh round of sell off.