The index-based circuit breaker triggered a stoppage of trades in the stock exchange for around two hours.
Seeing the possibility of a spill-over in money, G-Sec and forex markets, the Reserve Bank intervened on that day and two separate press releases were issued by the Reserve Bank indicating, (a) constitution of an internal Task Force under the Executive Director, Financial Market Committee to monitor the developments in financial markets, and (b) assuring availability of rupee and forex liquidity.