BSE's index SENSEX came down almost 1400 points

Markets plummet worldwide

Markets crashed worldwide and investors combined lost trillions, main reason being the US economy going into recession.

BSE's index SENSEX came down almost 1400 points, making shareholders lose their investments. From Corporate bigwigs to the small investor, all got affected.

The Sensex opened with a negative gap of 721 points at 16,884 on Tuesday, after the 1,408-point fall on Monday on weak global cues.

The index hit the 10% lower limit at 15,889 within minutes, and trading was suspended for an hour.

The index staged a dramatic recovery on resumption of trading, and zoomed to a high of 17,069.

The index was unable to hold gains as a fresh round of selling saw it slide to a low of 15,332 - down almost 13% (2,273 points) from the previous close.

Fresh buying in the last one-hour of trades saw the Sensex recover once again and finally finish with a loss of 875 points (5% ) at 16,730 - a recovery of 1,398 points from the day's low.