US Dollar has been climbing steadily now, for almost a week.
(it’s interesting, the good old dollar still seems to be - where quality flies to)
India’s Sensex tumbles 11.5% in early minutes, trade halted
By V. Phani Kumar
Last update: 11:42 p.m. EST Jan. 21, 2008
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HONG KONG (MarketWatch) — India’s Sensitive Index tumbled 11.5% within the first two minutes of trading on Tuesday, forcing a trade halt for an hour. The index stumbled 2,029.05 points to 15,576.30, after slumping 7.4% in the previous session. “It doesn’t look good at all. We expected it to fall, but nobody expected this kind of correction,” said Sharmila Joshi, a trader with Prabhudas Lilladher in Mumbai.