Sensex crashes 1,088 pts

Good Evening Friends,

 

Thursday at Dow Jones it was crashing day. Dow Jones fall down and enter below 9000.  Thursday down dow was reflected in Indian stock market. I just read news that sensex crashes 1,088 pts. I don’t know where this is going to stop? How invester going to survive in stock market?

The Bombay Stock Exchange (BSE) benchmark Sensex on Friday tumbled by nearly 10 per cent to 10,239.76 in opening trade.

The 30-share index, which had nearly lost 1,730 points in the past five straight sessions, plunged by 1,088.60 points, or 9.8 percent, little away from hitting the lower level circuit of 10 per cent, fixed by authorities.

The National Stock Exchange (NSE) index Nifty moved down by 314.70 points, or 9 per cent to 3,198.95 with all the heavy-weight stocks trading in negative zone.

Infosys Technologies fell by Rs 54.35 at Rs 1,200 despite better quarterly earnings.

Besides, other losers were Reliance Industries, Reliance Infra, RCom, ICICI Bank, State Bank of India, Bharti Airtel, Satyam Computers, Tata Consultancy, Wipro, BHEL, Larsen and Toubro, Grasim Industries, HDFC Ltd and ACC.

News from yahoo India

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