Fear and loathing on the Mumbai stock exchange reports Karishma Vaswani of BBC News
Investors in India are calling it a market meltdown. The drastic fall in the value of Indian shares took investors here by surprise.
Many gathered outside the Bombay Stock Exchange, gazing up at the screens flashing market numbers in stunned silence.
No one had expected the impact from falls in regional markets to be so pronounced in India.
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