The early morning panic selling was sparked off not only by the serial blasts in the country's capital New Delhi, but also the news that the world's fourth largest investment bank Lehman Bros had filed for Chapter 11 bankruptcy.
Big News - Sept 17, 2008 - Sensex in red despite recovering 300 points from day's low
1. Wednesday 17th September, 2008
Sensex in red despite recovering 300 points from day's low
IANS Monday 15th September, 2008
After panic selling throughout the morning, Indian equity markets witnessed a smart recovery but still
ended in the red Monday.
At the close of trading, the 30-share benchmark sensitive index of the Bombay Stock Exchange, the
Sensex, had recovered by nearly 300 points to end the day at 13,531.27, still down 469.54 points or 3.35
percent from its closing figure Friday.
Earlier in the day it had fallen by over 750 points or about 5.4 percent.
Sectorally, realty, information technology, technology covering media, telecommunication and technology
stocks, and metals suffered the most.
The early morning panic selling was sparked off not only by the serial blasts in the country's capital New
Delhi, but also the news that the world's fourth largest investment bank Lehman Bros had filed for
Chapter 11 bankruptcy.
Lehman Bros filed for bankruptcy under US la