New Delhi - India's benchmark Sensex crashed by 11.53 per cent on Tuesday morning which resulted in the Indian stock market being closed for an hour, a news report said. The 30-share Sensex tumbled by 2,029 points to 15,576.35 soon after it opened on Tuesday morning, leading to suspension of trading on the bourse for an hour, the PTI news agency reported.
The stock exchange will reopen at 11 am (0530 GMT).
According to trading norms, if the stock market witnesses a gain or loss of more than 10 per cent, trading has to be suspended for an hour.
The crash came after the Sensex suffered a massive loss of 1,400 points or 7.41 per cent, tracking global fears of a recession on Monday.
