It was the biggest one-day fall in Indian share market and media reports termed the fall as bloodshed at Dalal Street never seen before. The Bombay Stock Exchange (BSE) Sensitive Index (Sensex) crashed by 2062 points on Monday and closed at 1408 points down from the opening points. According to estimates investors lost Rs 6 lakh 69 thousand 375 crore on a single day, which was termed as Black Monday by market experts.Sensex saw the biggest fall in history by falling 2062 points in one day. It closed at 17,605.35, down 1408.35 points or 7.4 per cent. It fell down to 16,951.50 points. The Sensex has gone down 3200 points in last six trading days. NTPC, down 15.07%, was the worst hit, followed by Reliance Energy (down 14.79%), ACC (14.53%), ACC (14.53%), Reliance Communications (13.84%), Grasim Industries (13.19%) and DLF (9.62%).Investors were panic state of mind for the whole day and confused about their next market move in share market. The experts were surprised after watching such downfall and speculating about the possible withdrawal of Foreign Institutional Investments (FII) from Indian stock market. The biggest question is that if the major share of FIIs goes out what would happen then.However, some other financial experts have said that from a retail perspective it was always good to buy in panic or rather than sell in panic. The overall index has gone down by 2-3% some stocks have gone down by 10-12%. There might be some value buying among the midcaps in different sectors. Retail investors can buy the shares of companies which were biggest gainers in the recent past.On Tuesday, equity shares tumbled at the opening session and pulled the benchmarks down over 10 per cent to break the lower circuit. As a result, the trading was suspended for 1 hour to be opened at 10:55 am. According to norms, if the stock market witnesses a movement of 10 per cent on either side, the trading has to be suspended for an hour. However, after a sharp fall, market re-opened and the Sensex recovered 750 points from the day-low point.It happened for the fourth time in the history of Indian stock market that the trading was halted for one hour. The Sensex has lost 25 per cent since January 10, when it hit its peak of 21,206.77 points.
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