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18 October 2007: While activity remained normal in the morning, during noon trades, the Sensex tumbled down as the intensity of selling increased towards the closing bell of the BSE. The Sensex tumbled all the way to a low of 17,771 – down 1,428 points from the same day's high. It finally settled on 17,998 with a loss of 717 points (3.8%).
The Reserve Bank of India announced that it would conduct $1.35 billion in open market purchases of government bonds, [351] the Bank of Korea announced that it would conduct a ₩1 trillion ($793.5 million) repo auction the following day, [352] and the National Bank of Poland announced that it would conduct open market purchases of government ...
If Threshold Level 2 (a 13% drop) is breached before 1 pm, the market closes for two hours. If such a decline occurs between 1 pm and 2 pm, there is a one-hour pause. The market would close for the day if stocks sank to that level after 2 pm; If Threshold Level 3 (a 20% drop) is breached, the market would close for the day, regardless of the ...
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At the same time, the market has viewed Trump's tariff threats as more bark than bite, so far at least. The AI trade is still in full swing The AI boom that unfolded in 2023 spilled over into 2024 ...
The market closed with the KSE 100 Index down 3.1%. [154] In India, the BSE SENSEX closed 1,942 points lower at 35,635 while the NSE Nifty 50 was down by 538 points to 10,451. [155] The Washington Post posited that pandemic-related turmoil could spark a collapse of the corporate debt bubble, sparking and worsening a recession. [156]
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The economic impact of the COVID-19 pandemic in India has been largely disruptive. India's growth in the fourth quarter of the fiscal year 2020 went down to 3.1% according to the Ministry of Statistics. The Chief Economic Adviser to the Government of India said that this drop is mainly due to the coronavirus pandemic effect on the Indian economy.
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