Satyam Computers stocks witnessed some dramatic moments in the American stock markets after it announced 8000 core rupees acquisition of two companies promoted by its chief Ramalinga Raju's son.

After the news came investors sold Satyam stocks in large quantities in the New York stock exchange which led to a 55% fall in just few minutes. Finally Satyam Stocks closed at $5.70, down 54.58 percent from it's previous day close, a 11,304 core rupees loss in market capitalization in just one day.

Then Satyam officials decided to cancel the deal, but it failed to bring back the confidence. After hours Satyam stocks recovered little bit, but still down more than 30% from the previous level.

Today In India markets also Satyam shares opened with a huge negative gap and now trading at 165, down 61 points or 27 percent.

"Even though Satyam decided to roll back the decision it failed to bring back the investor confidence" an investor said.