The broader market remains expensive on a historical basis. The Sensex 10-year median price-to-earnings multiple is around 20.4 times, nearly 10 per cent lower than the index's current valuation
Dow Jones down 1,424.47 points, or 5.51%, at 24,440.31, while the S&P 500 was down 160.27 points, or 5.39%, at 2,812.10
In its biggest-ever single-day drop in absolute terms, the BSE Sensex crashed over 1,941 points and the NSE Nifty tumbled 538 points
For LIC, the mark-to-market hit could have been over Rs 600 crore; FIIs' holding down by Rs 1,162 crore
On six of nine occasions when the market has corrected more than 10 per cent, it has recouped all its losses within two months, shows an analysis by ICICI Direct
Hong Kong went into the break 0.09 percent, or 23.78 points, up at 26,336.41 on bargain-buying after being battered last week
Like fans of filmstars or cricketers, investors have shown abiding faith in Mr Modi, who is still seen as a doer with the right intent and strong will
The Bombay Stock Exchange (BSE) Sensex has lost 1,367.99 points, or 3.48 per cent, in five sessions. On Wednesday, it dropped 135.09 points to close at 37,847.65
Mark Zuckerberg bore the brunt this week with $10.3 billion wiped from his fortune on the Bloomberg Billionaires Index
If a crash is unrelated to the economic fundamentals, it will quickly be corrected
The 30-share Sensex crashed 839.91 points, or 2.34 per cent, to end the day at 35,066.75