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BOMBAY STOCK MARKET SHARPLY DOWN ON BUDGET MEASURES.

AsiaPulse News

| March 01, 2007 | COPYRIGHT 2007 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

MUMBAI, March 1 Asia Pulse - The stock market reacted sharply down to Finance Minister P Chidambaram's Budget for 2007-08, as the benchmark Sensex tanked over 529 points to again slip below the 13,000 level.

The wide-based NSE index Nifty plunged by 132 points at 3,762.05.

Even before Chidambaram finished announcing tax proposals, ...

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Source: HighBeam Research, BOMBAY STOCK MARKET SHARPLY DOWN ON BUDGET MEASURES.

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