Agencies
Mumbai, Oct 10: Sensex falls by over 1,088 points at 10,239.76; Nifty down by 314.70 points at 3,198.95 in opening trade.
Stocks plunged at open on Friday as the global credit crisis worsened
Wall Street fell for the seventh day in a row, as co-ordinated interest rate cuts by the world's leading central banks did little to thaw the credit freeze and lift confidence in the financial sector.
In Asia, trading opened on Friday with waves of selling in Japan and South Korea. Japan's Nikkei index was off more than 10 per cent, while South Korean share prices plunged 8 per cent.