Blood On The Market-floor; Naukri Plunges, Then Recovers

Entities Mentioned

• Nikhil Pahwa
• Bombay Stock Exchange
• National Stock Exchange

1. By Nikhil Pahwa - Mon 21 Jan 2008 02:31 AM PST The timing couldn’t have been worse: bang in the middle of the earnings season, and just days before the OnMobile IPO opens, the two major Indian stock exchanges - the Bombay Stock Exchange and the National Stock Exchange - were hit by a major selloff, the biggest in the history of the markets. At one point in time, the BSE Sensex fell by over 2000 points, to recover to 17657.37, around 1356 p (Read Full Article)
   
   

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