we should see a bounceSensex plummets 1744 pts in early trade @...

we should see a bounce

Sensex plummets 1744 pts in early trade @ 10:09 hrs Sify Finance Oct 17, 2007

The market regulator SEBI's move to impose restrictions on investments through Particiapatory Notes sent stock prices crashing in early trade on the major Indian bourses this morning. Mirroring the steep fall in values of blue chip stocks, the benchmark BSE index Sensex, which opened with a negative gap of over 1,000 points, plunged to 17,307.90, recording a massive loss of 1743.96 points or 9.15%, the biggest ever intra-day loss in absolute terms.