New Delhi, Jan 22: Finance Minister P Chidambaram today said the current slump in the Sensex of the Bombay Stock Exchange
(BSE) would "not effect" the market in the long run.

Trading was suspended for one hour at the BSE after the benchmark Sensex fell to the low of 15,576.30 within minutes of opening, crossing the circuit limit of 10 per cent.

Appealing to investors to stay calm, Chidambaram said: "The economy will grow close to nine per cent. The current trend will not effect market in the long run."

The market has since resumed trading.

New Delhi, Jan 22: The 30-share sensitive index (Sensex) of the Bombay Stock Exchange

The 30-share index opened after losing 171 points at 20,079.89 o

Indian Stock markets ended lower on Wednesday’s trading session. BSE Sensex lost 382 points and closed below 20,000. NSE Nifty closed below 6000 mark with a loss of 138 points.

India-based, Elecon Engineering Co Ltd has announced that the company has received combined orders worth Rs 15.74 crore for supplying crushers and wagon tipplers to some cement companies.