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On 17 March 2008, the BSE Sensex fell further to; 14,809 – a fall of 951 points. On 24 October 2008, the BSE Sensex fell to 8701, a fall of 1070 points in a single day. On 26 November 2008, the Sensex continue to fall, in the bargain (as per the financial newspaper Livemint) "...dashing middle class dreams". Analysts at Livemint and Ajmera ...
However, the proposals of SEBI were not clear and this led to a sudden crash when the markets opened on the following day (17 October 2007). Within a minute of opening for trade, the BSE SENSEX crashed by 1744 points or about 9% of its value—the biggest intra-day fall in Indian stock-markets in absolute terms. This led to an automatic ...
Stock price graph illustrating the 2020 stock market crash, showing a sharp drop in stock price, followed by a recovery. A stock market crash is a sudden dramatic decline of stock prices across a major cross-section of a stock market, resulting in a significant loss of paper wealth.
The rise and stunning fall of Paytm, which once had India’s largest IPO but is now the target of a central bank crackdown that could kill its business Nicholas Gordon March 9, 2024 at 10:05 PM
On 21 January 2008, the SENSEX saw its highest ever loss of 1,408 points at the end of the session. The SENSEX recovered to close at 17,605.40 after it tumbled to the day's low of 16,963.96, on high volatility as investors panicked following weak global cues amid fears of a recession in US. The next day, the BSE SENSEX index went into a free fall.
The European Central Bank raised rates 10 consecutive times during the same period. [5] In the first two quarters of 2022, U.S. gross domestic product (GDP) posted its first two declines since the COVID-19 recession; decreasing at an annual rate of 1.6% in the first quarter of 2022 and a 0.9% annual rate in the second quarter. [6]
The Bank of Japan lent $34.9 billion to its nation's banks in a one-week dollar funding operation, [408] Sveriges Riksbank announced kr400 billion ($38.8 billion) in loans to its nation's banks, [409] the World Bank announced $300 million in loans to banks in Indonesia, [410] while the Central Bank of Brazil announced that it would expand its ...
Global analysts cut their forecasts of India's real GDP growth rate for the financial year 2016–17 by 0.5 to 3% due to demonetisation. [147] [148] India's GDP in 2016 is estimated to be US$2.25 trillion, hence, each 1 per cent reduction in growth rate represents a shortfall of US$22.5 billion (₹1.54 trillion) for the Indian economy. [149]