17 May 2004
The Bombay Stock Exchange witnessed its worst fall in decades after it tumbled 842 points (more than 17%) leaving investors aghast, finally closing 564 points lower. Attempts by the National Stock Exchange (NSE) and the BSE to halt trading twice did little to assuage the ruffled feathers of the investors as they saw all their money go down the drain....The RBI and SEBI have stepped in to avoid another disastrous day....have to wait and see what tomorrow brings in its wake.
Today had to go for the monthly meeting. Returned loaded with work. Sis landed a job in a nearby place and she's just completed her course....lucky gal! the stars are forever in her favour....always gets the job she tries for. On the political front, the allying parties have thrown their weight behind the Congress president, Sonia Gandhi for the Prime Minister's post. It's wait and watch right now.... that's about it for the day I suppose. Have already started nodding off; early morning here...should be back soon.