Article: MARKETS STABILISE AFTER OPENING FALL, BUT STILL WAY DOWN

Report from Indo-Asian News Service brought to you by HT Syndication.

Mumbai, Oct. 16 -- (IANS) Indian equities markets opened with a steep crash Thursday, following similar precipituous slides in other east Asian markets and a major fall in New York. The major indices had stablised in the first 10 minutes, but were still way down.The 30-share benchmark index of the Bombay Stock Exchange, the Sensex, opened at 10,284.90 points, way below Wednesday's closing ...

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