NIFTY falls 20 % in No time. ONGC down 20% etc


Nifty feel a sharp 10-20% in no time.


As per the market understanding and information.


A big basket of Nifty 50 stocks was hit which led to some stocks like ONGC , Sesa etc falling 20 %. This led to a circuit barrier being hit at 570 points. Although the index did recover in seconds but as per the norms a freeze happens when a circuit is hit so NSE cash trades were freezed.


We can say it to be a freak trade as there was no impact on Futures Markets and Currencies.


All in all nothing to worry markets have stabilized and working normally. So no conspiracy theories just a normal butter fingers one like which happened in US also last year.


  1. logesh
    October 5, 2012

    Dear nooresh,

    in recent nifty did 3 gap up openings, all are not yet filled so can v take this freak trade as gap filling??????

    1. Nooresh
      October 6, 2012

      Well can give no importance to todays trade as it happened only on Nifty

      1. Raj
        October 8, 2012

        Dear Nooresh,

        Why is this freak trade/tech glitch not important for you???!!!
        Why dint you dig deep into the issue and expose the massive gambling fraud to your readers and customers?!

        1. Nooresh
          October 8, 2012


          Did my background on it. Nothing majorly suspicious.


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