Indian markets end with key index down 7 percent

Mumbai, Oct 10 : A key Indian equities index ended Friday with a loss of over 800 points, or 7 percent, after interventions in tandem by the government, the central bank and the markets watchdog to cushion the impact of global financial crisis.

The sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which at one point was down a whopping 1,088.60 points, made a marginal recovery to end the day at 10,527.85 points - but still down 800.51 points, or 7.07 percent, over the previous close.

The situation was no different at the National Stock Exchange (NSE) where the broader S&P CNX Nifty was down 6.65 percent at 3,279.95 points, over the previous close at 3,513.65 points.