After opening with a loss of 379 points at 11,316.24, the 30-share index BSE Sensex continued its losing streak on Wednesday (Oct 08) due to global financial crisis. 

Moreover, the BSE Sensex touched an all time low of 10,740.76. All segments suffered a severe hammering. 

Finally, the BSE Sensex closed the day after making a loss of 366.88 points at 11,328.36. It also hit a high of 11,405.73 and a low of 10,740.76. Meanwhile, NSE Nifty lost 92.95 points at 3,513.65 after touching a high of 3,604.40 and a low of 3,329.45.

There seems to be no stopping for Sensex. It lost more than 800 points because of worldwide financial crisis.

The 30-share index BSE Sensex touched an all time low of 10,940.85 in early trading. All segments suffered huge losses. This is the benchmark’s lowest since early August 2006.

Consumer Durables, which suffered the most, fell over 13% because of heavy selling in key stocks in that space.

Real estate, metal, IT, banking and power sectors took a severe hammering. BSE Midcap and Smallcap index plummeted 8.57% and 7.28% respectively. 

Karvy Stock Broking Limited has suggested investors to ‘sell’ Larsen & Toubro Limited (L&T) stock with a target of Rs 940.

According to Karvy, interested investors can sell the stock between Rs 995-1000 with a strict stop loss of Rs 1025. 
 
Today (Oct 08), the stock opened weak at Rs 974.80, against its last closure at Rs 1008.10 on the Bombay Stock Exchange (BSE) on Tuesday (Oct 07). Current EPS & P/E ratio stood at 39.31 and 24.12 respectively. The share price has seen a 52-week high of Rs 2335 and a low of Rs 994 on BSE. 

Indian stock markets plunged sharply as the global credit crisis deteriorated. 

After a week of tumult, the US government has finally cleared $700 billion bailout package on Friday.

Despite receiving other positive news such as marginally fall of inflation figure, reduction in fuel prices, the Sensex and Nifty are testing their new lows.

Real estate, metal, consumer durables, power, oil & gas stocks led the declining charts.

Today, the 30-share index BSE Sensex opened at 12,284.49, down 241.83 points.  

The Sensex fell down on the back of global worries. It slipped below 12,000 level and also touched an intra-day low of 11,936.84 during the afternoon trades because of heavy selling action witnessed across board. 

Metal, consumer goods, realty, power, IT, banking segments were hammered badly. 

BSE Midcap index lost 5.61%, whereas Smallcap index fell 4.94%. 

At 1:59 p.m., the 30-share index Sensex stood at 12,019.37, down 506.95 points. It also hit a high of 12,284.49 and a low of 11,936.84.

Karvy Stock Broking Limited has suggested investors to ‘sell’ DLF stock with a target of Rs 325.

According to Karvy, interested investors can sell the stock around Rs 340 with a strict stop loss of Rs 350. 
 
Today (Oct 03), the stock opened weak at Rs 342, against its last closure at Rs 345.25 on the Bombay Stock Exchange (BSE) on Wednesday (Oct 01). Current EPS & P/E ratio stood at 15.91 and 21.42 respectively. The share price has seen a 52-week high of Rs 1225 and a low of Rs 329 on BSE.