After panic selling throughout the morning, Indian equity markets witnessed a smart recovery but still ended in the red Monday. At the close of trading, the 30-share benchmark sensitive index of the Bombay Stock Exchange, the Sensex, had recovered by nearly 300 points to end the day at 13,531.27, still down 469.54 points or 3.35 percent from its closing figure Friday.

1. Mumbai, Sep 15 (IANS) After panic selling throughout the morning, Indian equity markets
witnessed a smart recovery but still ended in the red Monday.
At the close of trading, the 30-share benchmark sensitive index of the Bombay Stock Exchange,
the Sensex, had recovered by nearly 300 points to end the day at 13,531.27, still down 469.54
points or 3.35 percent from its closing figure Friday.
Earlier in the day it had fallen by over 750 points or about 5.4 percent.
Sectorally, realty, information technology, technology covering media, telecommunication and
technology stocks, and metals suffered the most.
The early morning panic selling was sparked off not only by the serial blasts in the country’s
capital New Delhi, but also the news that the world’s fourth largest investment bank Lehman
Bros had filed for Chapter 11 bankruptcy.
Lehman Bros filed for bankruptcy under US laws early Monday morning after failing to find a
white knight to bail it out of its problems arising out