New Delhi - India equities fell sharply for the third day on Thursday as the benchmark Sensex shed 5.3 per cent in early trade tracking the deepening global financial crisis after the collapse of the US investment bank Lehman Brothers.
The 30-share-sensitive index, which has lost 1,685 points in the last seven trading sessions, plunged 704.76 points to fall to below 13,000 soon after opening.
The index touched a low of 12,558.14 points, a loss of 5.31 per cent, on heavy selling by funds and investors. It later recovered and was trading at 12,790.10 points, a loss of