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{Sajith M}

May 17, 2004

Bloodbath on Dalal Street. Investors Lose Billions

Bloodbath on Dalal Street. Investors Lose Billions

Protests, panic, rage outside BSE building

Hundreds of livid traders and small investors, for the first time in the exchange's 130-year-old history, protested vociferously outside the BSE building against the Congress-led alliance.
There was a sense of doom, gloom and despondency amongst the market players. They had lost billions as the Indian stock market went into a free fall.


Some indiacation on how "investor friendly" this new left supported government is oin to be. The stock markets tumbled almost 20% and ended the day at a loss of about 15%. Wouldn't be surprised if it goes further down by another 20 percentage.