1) The Index collapsed to 2005 levels. Sensex closses at 8701(down 1070.63) while the Nifty index fell to 2584, 12.2% below the previous close.
2) The only one saving grace on friday was the low volumes. Only 61.4 lakh trades took place on NSE & just 26 lakh on BSE.
3) FII's were the net sellers of equties with short selling worth Rs.1431 crores.
4) SEBI made mandatory for the first time for FII's to reverse their shorts in Educomp Solutions & Reliance Petroleum Ltd.
5)Stocks at new life lows
JP Associates - 58.00
India Infoline - 37.60
DLF - 194.20
Shobha Dev - 101.40
6) Sensex fell by 36.5% this month
7) Wire & Wireless Industries become the 1st stock in Futures to be trading in single digit, trading at Rs 8.75
8)SEBI icresed the Lower Circuit limits from 10% to 15%, which accelarated the index to fall at 12% in closing sessions.
