World stock markets were mixed Monday as weak company earnings led investors to ratchet down hopes for a global recovery, but India's index vaulted 17 percent after election results paved the way for economic reforms.
In Asia, Tokyo shares were hardest hit after two of Japan's leading companies _ Panasonic and Mizuho Financial _ reported colossal losses for the last fiscal year. The strengthening yen hurt the country's major exporters. Oil firms, meanwhile, sank along with crude prices.
But India provided a bright spot, its shares surging in early trade as results of national elections boosted confidence about the government's stability and ability to enact …
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