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As per Rediff, "The Sensex opened with a negative gap of 207 points at 15,344 amid weak trends in the global market and slipped deeper into the red. Unabated selling across-the-board saw the index tumble to a low of 14,911. The Sensex finally ended with a nifty loss of 615 points at 14,936. The NSE Nifty ended at 4,346, down 183 points.
Over the course of two days, the BSE SENSEX in India dropped from 19,013 on Monday morning to 16,730 by Tuesday evening or a two-day fall of 13.9%. [65] Less than a month later, on 11 February 2008, the SENSEX lost 833.98 points, when Reliance Power fell below its IPO price in its debut trade after a high-profile public offer. [31]
As part of the global decline in most risky assets, the price of Bitcoin fell 59% during the same time period, and it declined 72% from its November 8th all-time high. The price of cryptocurrencies like the aforementioned Bitcoin and Ethereum plunged in June 2022 (the former of which suffered another decline) as investors moved their money out ...
The 1992 Indian stock market scam was a market manipulation carried out by Harshad Mehta with other bankers and politicians on the Bombay Stock Exchange.The scam caused significant disruption to the stock market of India, defrauding investors of over fifteen million million USD.
BSE Limited, also known as the Bombay Stock Exchange (BSE), is an Indian stock exchange which is located on Dalal Street. [8] Established with the efforts of cotton merchant Premchand Roychand in 1875, [9] [10] it is the oldest stock exchange in Asia, [11] and also the tenth oldest in the world. [12]
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Japanese asset price bubble: 1991 Japan: Lasting approximately twenty years, through at least the end of 2011, share and property price bubble bursts and turns into a long deflationary recession. Some of the key economic events during the collapse of the Japanese asset price bubble include the 1997 Asian financial crisis and the dot-com bubble.
Amaris Encinas, USA TODAY December 12, 2024 at 9:42 PM To celebrate the "most Whopper-ful time of the year," Burger King will be bringing back a couple of fan-favorites to the menu for a limited time.