Prime Minister Manmohan Singh said he was confident the local stock market would grow in an orderly manner despite a vicious sell off on Monday.
“Let me say orderly growth of the capital market is a priority concern for our government,” Singh told reporters.
Indian shares tumbled almost 11 per cent to a four-month intra-day low on Monday, suffering their biggest intra-day points fall ever on margin calls and foreign selling, before paring their losses to end down 7.4 per cent.
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