Sensex plummets below 10K, lowest since July 2006

News Flash

LGT BANK TO NDTV: PRIVATE SECTOR DEMAND IN U.S. STILL NOT STRONG ENOUGH TO SUPPORT RECOVERY
LGT BANK TO NDTV: SEE ANOTHER CRR HIKE IN CHINA TO TIGHTEN MONETARY POLICY
COPPER UPDATE: COPPER DROPS IN SHANGHAI AS RISING IMPORTS ADD TO SUPPLIES
GOLD UPDATE: GOLD RISES FOR THE FIRST TIME IN FOUR DAYS ON FRESH BUYING
CRUDE OIL UPDATE: CRUDE OIL FALLS ON STRONGER USD, REDUCED OPEC COMPLIANCE
F&O CUES: STOCK FUTURES ADD 1.8 CRORE SHARES IN OPEN INTEREST
F&O CUES: INDIA VIX COLLAPSES A FURTHER 3.4% TO A NEW ALL TIME LOW
F&O CUES: TOTAL BUILD UP IN THE 5000 PUT TO A RECORD HIGH OF 1.01 CR
F&O CUES: 5000 PUT ADDS A FURTHER 12.9 LAKH SHARES IN OPEN INTEREST
F&O CUES: MARCH PUT-CALL RATIO RISES TO 1.57 ON THE BACK OF PUT-WRITING
F&O CUES: NIFTY MAR FUTS END WED AT A PREMIUM OF 2 PTS VS A DISC OF 4.45 PTS ON TUES
F&O CUES: NIFTY FUTURES ADD 1.6 LAKH SHARES IN OPEN INTEREST
GUJARAT NRE COKE: GUJARAT NRE TO INVEST A $500 MN IN ILLAWARRA COAL OPERATIONS
ASIAN MARKETS: ASIAN STOCKS RISE ON OUTLOOK FOR JAPAN, MSCI AP INDEX RISES 0.5%
U.S. ECO DATA: WHOLESALE INVENTORIES FELL UNEXPECTEDLY BY 0.2% IN JAN
U.S. MARKETS: US STOCKS UP FOR THE SECOND CONSECUTIVE DAY, FINANCIALS RALLY
U.S. MARKETS: DOW JONES UP 0.03%, NASDAQ UP 0.78%, S&P 500 UP 0.45% (WEDNESDAY CLOSING)
PM ECO PANEL: CASE FOR FUEL PRICE HIKE IF CRUDE PRICES RISE FURTHER
PM ECO PANEL: CASE FOR FUEL PRICE HIKE IF CRUDE PRICES RISE FURTHER
EMAAR MGF IPO: EMAAR MGF MAY HIT THE MARKET BY MID-APRIL: SOURCES
NMDC FPO UPDATE: SBI PUTS IN BIDS WORTH RS.500 CR, LIC WORTH RS.300 CR ON DAY 1: SRCS
NMDC FPO UPDATE: ONLY 10 LAKH SHARES OF RETAIL SUBSCRIBED ON DAY 1: SOURCES
NMDC FPO UPDATE: NMDC FPO SUBSCRIBED 0.17 TIMES ON DAY 1 OF ISSUE
NSE NEWS: NSE TO INTRODUCE RUPEE-BASED DJ FUTURES, S&P 500 FUTURES TRADING
NSE NEWS: NSE TO EXPLORE LISTING MORE INDIA-LINKED PRODUCTS ON SGX
NSE NEWS: NSE AND CHICAGO MERCANTILE EXCHANGE IN CROSS-LISTING PACT
FUND ACTION: DOMESTIC FUNDS NET SELL RS.375.42 CR IN EQUITIES ON MARCH 10 (PROVISIONAL)
FUND ACTION: FOREIGN FUNDS NET BUY RS.364.36 IN EQUITIES ON MARCH 10 (PROVISIONAL)
VIDEOCON IND: BOARD FIXES RATIO AT 2 SHARES FOR EVERY 9 HELD
VIDEOCON IND: BOARD APPROVES RIGHTS ISSUE AT RS.225/SHARE

Updated: 17/10/2008 | 03:18 PM IST

Top Stories

NDTV Correspondent

Friday, October 17, 2008 (New Delhi)

Blog

Comments:

Read (0)

Post

Rate the story

The Sensex plunged below the 10,000 levels in late trade as trading in US index futures suggested the Dow would fall 219 points at the opening bell. The European indices pared some of the gains after opening sharply in the green.

This is the lowest level of the Sensex since July 2006. The benchmark index was trading at 10,017, after hitting the day’s low of 9,975. The Nifty was trading at 3085, down over 183 points.

The realty and metal indices were the biggest losers in today’s carnage. The realty index on the BSE is down nearly 9 per cent while the metal index lost over 5 per cent.

All the Sensex stocks were trading in the red, with Rel Infra down over 11 per cent. The other major losers include JP Associates, down over 9 per cent; NTPC, down 9 per cent; and RCom, down 9 per cent.