Indian markets yo-yo
Year 2008 was a period of an extraordinary journey for The Bombay Stock Exchange benchmark Sensex with its unique highs and falls. If Jan 8th of 2008 saw Sensex reaching the phenomenal mark of 21,078, biggest since the index started in 1984. It is noteworthy that the benchmark reached its 4 digit figure of 1001 for the first time on July 25, 1990. But the Sensex which saw the highest ever loss of 1,408 points on Jan 21, 2008 confirmed its southward trend on October 17 2008, when the Sensex crashed below the psychological 5 figure mark of 10,000 with a Dec level of below 9K.