ALL ABOUT SENSEX

Yesterday sensex went low by 800 points and closed at 10528 points.It is supposed to be half of the all time high value of 21206 as on 10 jaunary 2008
This drop is considered to be the landmark low of 18 yrs for a week.
Sensex opened at 11328 on 10/10/1008 and fluctuated between 10240 and 10632 and closed at 10528.Nifty went down by 3199 and lastly closed at 3279 dropping from its original value by 233.6.There was so much of panic among the investors regarding shares and many small share holders have lost their savings which they invested in shares of high profile to get maximum benefit in minimum time .Unfortunately they have lost all their assets and have become bankrupt due to this fall in the market.As per latest statistics Rs.3.9 lakh crore of investors has been wiped out.
Contoversial to this in bullion market gold is set to all time high of Rs. 14200 as on 10/10/2008

SENSEX	11328
NIFTY	3514
NIKKI	9170
STOKES 50	2292
AFTSE	4314
DOW JONES	9258
NASDEC	1740

WORLD INDICES AS ON 10/10/2008

RECENT DEVELOPMENTS WITH ICICI BANK

Will ICICI bank go towards bankrupcy?
Due to fall in the shares prices of ICICI bank as the lowest in past 3 yrs ,people have started withdrawing their money from their accounts in a hype that they may loose their money.Yesterday there were very long lines at all the atm centres of ICICI bank and their affiliates.
To settle down this hype spokesman of bank general manager mr Charudutt Deshpande told that what so ever rumuor has been spread is nothing more than a rumuor as balance sheet shows Capital of Rs.47000 crores and has cash in hand of Rs. 12000 crores.Above this all band also has its assets in britian and canada amounting to Rs.2.5 billion .Bank had invested only Rs. 370 crores in lehmann brothers and so there is nothing to panic about and its customers need worry about their deposits in the bank.They are absolutely safe.
Even honarable finance minister also assured regarding the safety of this bank.