India's Stock Market Crashes: A Historical Overview
Worst-Ever Market Meltdown: The Sensex and Nifty Plunge
In one of India's most severe market crashes, the Sensex plummeted by a staggering 1,688 points or 6.12%, while the Nifty crashed even further. This unprecedented market meltdown left investors reeling from substantial losses, marking it as one of the worst-ever financial disasters in India's history.
Economic Liberalization and Market Fluctuations
India has witnessed its fair share of stock market crashes, reflecting the country's vibrant economy and growing investor base. One such significant crash occurred in 1991, triggered by the implementation of economic liberalization policies. This crash sent shockwaves through the financial community and had a lasting impact on investor confidence.
Comments