Flash Crash Black Friday for Nifty and Nifty 50 Stocks

Everything was going right in favor of Bulls Government doing big bang reforms, FII whose bags are flusehed with liquidity by ECB and Fed are bullish on india and Buying heavily and Nifty trading at 18 months high. But it took a single trade to give a blow to sentiment, Friday 05 Oct 2012 will go in as Black Friday when the flash crash happened in Indian Stock market. Prices of Blue Chips mostly in Nifty 50 stocks were down by 20-25% as shown in below screenshot. Click on Images to enlarge them.

The 50-share Nifty hit its lower circuit filter Friday as spot prices dropped over 900 points to a low of 4,888.

Sell orders worth Rs 650 crore executed by...

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