Saturday, October 11, 2008

Stock market meltdown



Fridays saw the biggest stock market meltdown on every major bourses throughout the world. Even the back up of ailing financial market by govt. and the central banks through the world , but this act even could not satisfy investors, and every where investors tried to pull out money from stock markets, caused a market free fall. Some of the corporations which enjoyed high market capitalization till starting of the months, saw their capitalization fall to a very low level on Friday.

Some stocks behavior at BSE Sensex :

Sensex Stocks :
Worst Opening of the Day

JP Associates -14.24%
Maruti Suzuki - 9.98%
Infosys -8.32%
ICICI Bank -7.33%
Ranbaxy -6.89%

Lets see how the market will behave as it open on Monday morning, hope the worst is over.

Thanks&Regards,
Mohit


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