Black Monday

United Arab Emirates
January 21, 2008 7:42am CST
It was the worst day in the trading history of Indian stock markets. Sensex went below 17000 mark and Nifty 5000 mark at one time. BSE was closed for a brief time. Finally Sensex closed 1408.35 points or 7.41% 17605.35 and Nifty 496.5 points or 8.70% at 5208.80 Experts were shaken and shocked with the nasty fall. Markets broke all important technical levels.
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