Sensex plunges 400 points (2.9%) – Indian ADRs down across the board

I wrote in my Weekly Indian Stock Report, published Sunday, that a short-term downtrend was imminent for the Sensex. What I didn’t know was the big drop will happen Monday. Sensex, which consists of 30 stocks, actually dropped 537.76 points before recovering a bit to close down only 400 points.

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Posted on Monday, December 11th, 2006 at 9:36 pm In Indian Stocks | Comments RSS

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