1.   An army official called it a chain panic reaction.

2.   He said the renewal of the ban is a panic reaction and said his group will hold nationwide strikes soon.

3.   The lack of panic reaction among the customers has gladdened Indian exporters.

4.   Clive Norton of the brokerage Smith Newcourt in Bombay has seen share prices tumble in a panic reaction to the election results but is not unduly worried.

5.   It also explains the fact, he said, that the foreign exchange market escaped the panic reaction that produced a tumble of bond and stock markets on Friday.