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Black Monday: Sensex nosedives 10 percent, records biggest point drop India's benchmark stock index tumbled more than 10 percent Monday, hitting its daily drop limit and triggering a one-hour halt to trading, as investors dumped blue chips that have surged over the last year. 23 May 2006
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India's economy strong despite stock market fall: FinMin India's finance minister said Saturday that the fundamentals of the country's economy remain strong despite a record fall in the stock market this past week. 23 May 2006
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Sensex plummets as FIIs press panic button, brokers make margin calls The benchmark 30-share Bombay Stock Exchange (BSE) index, Sensex, tumbled 452 points on Friday to close below 11,000- mark at 10938.61, ending with a mammoth loss of nearly Rs. 400,000 crore for investors as panic selling by foreign institutional investors (FII) and margin calls from market intermediates, mainly brokers and banks, held sway. The broad-based S&P CNX Nifty lost 142 points (4.19 percent) to close at 3,246.90. 20 May 2006
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India's benchmark stock index falls Indian shares continued their plunge Friday with the benchmark stock index losing another 4 percent, or 452.8 points, a day after their sharpest single-day fall in history, as investors were badgered with margin calls and heavy losses, said dealers. 20 May 2006
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Sensex recovers after heavy losses Indian stocks rose Tuesday after three consecutive days of losses, although the market remained volatile with big swings in share prices. 18 May 2006
Sebi amends disclosure guidelines To increase the efficiency and transparency in the primary market, Securities & Exchanges Board of India (SEBI) has amended its primary market disclosure requirements for listed companies under the (Disclosure and Investor Protection) (DIP) guidelines 2000. 11 May 2006
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Tradeindia.com contributes over $ 1.7 billion worth of business to Indian economy With a record growth in business through the Internet, exporters and importers are finding B2B websites more and more profitable. Not only does e-commerce do away with the middlemen, it also cuts down on time during clinching a deal. 11 May 2006
Central Govt. allows India Post to invest in stocks New Delhi - The Indian Department of Posts (DoP) has been allowed by the Central Government to invest about Rs. 10,000 crore (about $ 2.3 billion) from its life insurance schemes in the stock markets for better returns. 17 Apr 2006
