Sensex recovers after trading halt; still sharply lower
The 30-share index is lower by 1916.67 pts to be quoted at 15,688.68 at noon with all stocks trading deep in the red.business Updated: Jan 22, 2008 13:24 IST
The Bombay Stock Exchange benchmark Sensex was lower by 1,917 points at noon with all stocks trading deep in the red.
The Sensex fell by 1916.67 points at 15,688.68 at 1215 hrs as funds undertook heavy selling, creating panic in the market for the seventh straight session.
The 30-share barometer had hit the lower level circuit limit to fall to 15,576.30 within minutes of start of session, leading to suspension of trading for an hour.
The National Stock Exchange Nifty was lower by 584.50 points at 4,624.30.