Article: Trading suspended as market crashes.

Trading suspended as market crashes

Mumbai, May 22 (PTI) Trading was suspended in the stock market today, with Sensex crashing by 1,000 points as traders and investors were gripped by panic.

Facing an unprecedented situation and the sharpest ever fall, stock market authorities suspended trading for an hour, first time after May 17, 2004.

The crash followed a statement by Central Board of Direct Taxes seeking to dispel suggestions that its draft circular was ambiguous. The worst ever crash coincided with the second year anniversary of the Congress-led UPA government.

Just before trading was suspended, the BSE Sensex was quoting at ...

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