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However, the Sensex continued to fall straight for four–continuous days till 19 March 2020, losing 5815 points during the period. On 23 March 2020, Sensex lost 3,934.72 points (13.15%) and Nifty plunges 1,135 points (12.98%) at 7610.25 [43] as coronavirus-led lockdowns across the world triggered fears of a recession. These are now the lowest ...
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.
Among the primary causes of the chaos were program trading and illiquidity, both of which fueled the vicious decline for the day as stocks continued lower even as volume grew lighter. Today, circuit breakers are in place to prevent a repeat of Black Monday. After a 7% drop, trading would be suspended for 15 minutes, with the same 15 minute ...
The list of all companies that have been included in the BSE SENSEX from its inception in 1986 are listed below. The base year of SENSEX is 1978–79 with a base value of 100. During the introduction of the SENSEX in 1986, some of the companies included in the base calculation in 1979 were removed and new companies were added.
(Top) 1 NIFTY 50. 2 Investors. 3 Market capitalization. 4 Listings. 5 History. ... 1996 by NSE with a base value of 1000 on the base date of Nov 3, 1995. [10] [11 ...
[11] [12] The BSE SENSEX and NIFTY 50 stock indices fell over 6% on the day after the announcement. [13] The move reduced the country's industrial production and its GDP growth rate. [14] It is estimated that 1.5 million jobs were lost. [15] The move also saw a significant increase in digital and cashless transactions throughout the country. [16]
The chairman of Vijaya Bank committed suicide following the news about the bank receipt scam. The scam led to the resignation of P. Chidambaram who was accused of owning shell companies connected to Mehta. Mehta was convicted by the Bombay High Court and the Supreme Court of India for his part in the financial scandal valued at ₹49.99 billion ...
The NIFTY 50 index is a free float market capitalisation-weighted index.. Stocks are added to the index based on the following criteria: [1] Must have traded at an average impact cost of 0.50% or less during the last six months for 90% of the observations, for the basket size of Rs. 100 Million.