Indian market falls after Indonesian earthquake

India's main index suffered a sell-off this morning after an earthquake registering 8.7 on the Richter scale struck off the coast of nearby Indonesia.

The Bombay Sensex was down 0.5% or 88.75 points, falling to 17,155 shortly after the earthquake struck. It later recovered some of the losses. The Indian authorities have already issued their own tsunami warning, after the earthquake occurred under the sea off Indonesia's northern Aceh province. It triggered a tsunami warning across the Indian Ocean region. The Pacific Tsunami Warning Center said it was not yet known whether a tsunami had been generated, but advised authorities to "take appropriate action". Reuters quotes Indonesian officials as saying there has been no immediate r...