Business: Sensex lose 951 Points and Nifty dropped 242

The Bombay Stock Exchange Sensex extended losses to more than 6 percent today, joining a global equities rout on growing fears of financial trouble after a fire sale of Bear Stearns and the US Fed cut its discount rate. The 30-share BSE barometer settled the day below 15k level at 14,809.49 points, a loss of 951.03 points. It touched the day's low of 14,838.27 and a high of 15,326.93 points. The key index is closing below the 15k level for the first time since June 29, 2007. http://indian-stock-market-news.blogspot.com/2008/03/sensex-lose-951-points-and-nifty.html
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