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Article: Market crashes; recovers on FM's assurances on PN.
- Article from:
- PTI - The Press Trust of India Ltd.
- Article date:
- October 17, 2007
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Market crashes; recovers on FM's assurances on PN
Mumbai, Oct 17 (PTI) -- The stock market crashed recording the sharpest ever fall of about 1,800 points within minutes of opening on fears of market regulator Sebi's move to curb overseas derivative (participatory notes), but cut the losses by nearly half on assurances from Finance Minister P Chidambaram.
The stock market benchmark index, Sensex, recovered about 900 points ...