The Bombay Stock Exchange benchmark Sensex sank by 951 points on black Monday on panic selling by funds, triggered by weak global cues. Similarly, the wide-based National Stock Exchange's index Nifty dropped by 243 points to 4,503.
The government meanwhile said that Indian stock markets are taking cues from the United States and Asian markets, even though the sub-prime mortgage crisis has only moderately impacted the credit and financial flows into the country.
The 10 largest falls of the Sensex
1. Jan 21, 2008 --- - 1,408.35 points
2. Mar 17, 2008 --- - 951.03 points
3. Mar 3, 2008 ---- - 900.84 points
4. Jan 22, 2008 --- - 875.41 points
5. Feb 11, 2008 --- - 833.98 points
6. May 18, 2006 --- - 826.38 points
7. Mar 13, 2008 --- - 770.63 points
8. Dec 17, 2007 --- - 769.48 points
9. Oct 17, 2007 --- - 717.43 points
10. Jan 18, 2007 --- -687.82 points
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