NEW DELHI, Sept 30 (Reuters) - India's main stock index fell
3.3 percent at the start on Tuesday after a $700 billion U.S.
bailout plan collapsed hammering stock markets in Asia and on
Wall Street, but then recouped some of the fall.
By 9:58 a.m. (0428 GMT), the 30-share BSE index <.BSESN> was
down 1.96 percent at 12,349.45, with all but two components
falling. It fell as low as 12,153.55, below its 2007 low of
12,316.10.
Shares in No. 2 lender ICICI Bank <ICBK.BO> opened 7.2
percent down at 458 rupees, extending Monday's 12.1 percent loss
even as the bank said its UK unit had no exposure to subprime
credit. The stock later bounced back and was down 0.7 percent at
490 rupees.
The 50-share NSE index <.NSEI> was down 1.81 percent at
3,780.30.
(Reporting by Devidutta Tripathy; Editing by Ranjit Gangadharan)
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Keywords: INDIA STOCKS/OPEN