-- Trading is suspended on India's main stock exchange after share prices plunge 10.1 percent.

Indian stocks plunge, trade halted
Monday, May 22, 2006 Posted: 0735 GMT (1535 HKT)

MUMBAI, India (Reuters) -- India's main stock exchanges halted trading for an hour on Monday after the market fell more than 10 percent as brokers dumped stocks held on clients behalf to cover margin requirements.

"There are only sell orders," said Dipak Acharya, a fund manager at BOB Mutual Fund. "Unless aggressive buying comes through we are headed for further falls."

The Bombay Stock Exchange Ltd. halted trading at 11:55 a.m. (0625 GMT), after its top-30 benchmark index fell 10.16 percent to 9,826.91 points, falling below 10,000 for the first in three months.>>>cont