Monday, January 21, 2008

Sensex crashes another 2000 pts; trading suspended till 10:55

Trading is suspended for one hour at the BSE after the benchmark Sensex fell to the low of 15,576.30 within minutes of opening, crossing the circuit limit of 10 per cent.
On Monday, the 30-share barometer tumbled by 1,408 points on concerns regarding the US economy going into recession.
The market opened at 16,885 points. At the time of suspension, the Sensex was quoted at 15,576.30 points, plunging 11.53 per cent from yesterday's close.
Similar trend was witnessed at the National Stock Exchange, whose barometer Nifty opened at 5,203.35, and later spiralled downward to a low of 4,569.50, a slide of 12.1 per cent. It was last trading at 4,578.35 points.

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