MUMBAI, Jan 22 - Indian shares resumed their fall soon after trading restarted following an automatic halt, with the main BSE index down 12 percent and the larger 50-issue index down more than 14 percent on the day.
By 11:53 p.m or 0623 GMT, the 30-share BSE index was down 12.71 percent or 2,238.0 points at 15,367.37, with all its components in the red.
The NSE index was down 14.20 percent or 739.45 points at 4,469.35.
Trading on The Bombay Stock Exchange had been halted for one hour after a sharp fall in opening deals triggered automatic circuit breakers.
If the market extends its fall to 15 percent before 1 p.m. (0730 GMT), trade will halted for two hours. If the 15 percent fall occurs between 1 p.m. and 2 p.m., trading would be halted for one hour, and after 2 p.m. trading would be halted for the rest of the day.
If the 15 percent limit was triggered before 2 p.m. and trade resumed, a fall of 20 percent would then shut the market for the day.
By 11:53 p.m or 0623 GMT, the 30-share BSE index was down 12.71 percent or 2,238.0 points at 15,367.37, with all its components in the red.
The NSE index was down 14.20 percent or 739.45 points at 4,469.35.
Trading on The Bombay Stock Exchange had been halted for one hour after a sharp fall in opening deals triggered automatic circuit breakers.
If the market extends its fall to 15 percent before 1 p.m. (0730 GMT), trade will halted for two hours. If the 15 percent fall occurs between 1 p.m. and 2 p.m., trading would be halted for one hour, and after 2 p.m. trading would be halted for the rest of the day.
If the 15 percent limit was triggered before 2 p.m. and trade resumed, a fall of 20 percent would then shut the market for the day.
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