India stock market crash- Halt trading

INDIA'S SENSEX PLUNGES 11.5% TO 15,576.30 AT OPEN; TRADE HALTED

http://www.marketwatch.com/news/sto...64-A08F-4BCE-9B91-70C04CEBA35A}&dist=hplatest

 

Wow, that's pretty brutal.

And they're trying desperately to get their feet under them. As a trader I dance with glee at this stuff, but looking at all the people who are invested and taking that kind of hit sucks.

This has got to be one of the toughest businesses in the world.

 

Trade halted for 1hr If it opens 15% down closed for another hour.

Have a look at Bloomberg TV they look shell shocked.

 

Trading will be haulted again if it is down 15% after reopen.

 

i am speechless. nobody anticipated a crash like this so close to a fed meeting.

 

Nikkei "worst two day drop in 17 years"

 

yeah gotta admit im really shocked too

seemed like the world had gotten so use to sweeping bad news under the rug, that now when we finally had a serious decline start of the year, i thought that was it....

little did i know that wasnt the main show...

 

SLT is the [recently] US listed short India, short copper play. Double Whammy play with plenty more downside to go IMHO.

http://www.bloomberg.com/apps/news?pid=20601012&sid=aXqiuzY4AMmY&refer=commodities


make that triple whammy, probably listed at nosebleed valuations.........................

 

IIF and IFN are india etfs on NYSE.

 

Thanks Ganesh.