Apr 07, 2025 11:00 AM IST
Inventory market crash at the moment: As markets opened, Sensex crashed 3,939.68 factors to 71,425.01 in early commerce, whereas Nifty tumbled 1,160.8 factors to 21,743.65.
Inventory market crash at the moment: Indian fairness benchmark indices suffered heavy losses on Monday amid issues of a world commerce struggle and rising recession fears in the USA.
As markets opened, Sensex crashed 3,939.68 factors to 71,425.01 in early commerce, whereas Nifty tumbled 1,160.8 factors to 21,743.65. All 13 main sectors logged losses. Comply with LIVE updates.
IT firms, which earn a big share of their income from the US, misplaced 7%. The broader small-caps and mid-caps misplaced 6.2% and 4.6%, respectively.
Additionally Learn | Why is Indian market crashing at the moment? Motive behind the Sensex, Nifty fall defined
Monday’s crash is the most important opening fall within the Indian markets for the reason that Covid pandemic struck in 2020.
Here is a have a look at among the largest inventory market crashes in India
- Harshad Mehta rip-off (1992)
The inventory market skilled a extreme downturn following the notorious Harshad Mehta securities fraud, the place the dealer artificially inflated inventory costs utilizing fraudulent funds.
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Between April 1992 and April 1993, the Sensex plummeted by 56%, nosediving from 4,467 to 1,980 factors. The aftermath lingered for practically two years earlier than markets discovered their footing once more.
- Asian monetary disaster (1997)
In 1997, the ripple impact of collapsing currencies throughout East and Southeast Asia led to a pointy decline within the Indian inventory market. By December of that yr, the Sensex had dropped over 28%, sliding from 4,600 factors to three,300 factors. It took a few yr for the market to regain power and hit contemporary highs.
- Dot-com bubble burst (2000)
As tech shares misplaced their shine, the early 2000s witnessed a big market correction. The Sensex fell from 5,937 factors in February 2000 to three,404 factors by October 2001 — a 43% drop. Gradual restoration adopted as investor consideration moved past the expertise sector.
- World monetary disaster (2008)
The 2008 market crash was triggered by the collapse of Lehman Brothers and the unfolding subprime mortgage disaster in the USA. The Sensex plunged over 60%, tumbling from 21,206 factors in January to eight,160 factors by October. A mixture of authorities stimulus and improved world liquidity contributed to a restoration the next yr.
- The Covid crash (March 2020)
The outbreak of Covid-19 and the following world lockdowns introduced markets to a halt in March 2020. The Sensex misplaced 39%, falling from 42,273 factors in January to 25,638 factors. Swift and aggressive fiscal and financial interventions sparked a pointy, V-shaped restoration by the top of the yr.
(Inputs from Mint)
