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As a result, Malkiel argued, stock prices are best described by a statistical process called a "random walk" meaning each day's deviations from the central value are random and unpredictable. This led Malkiel to conclude that paying financial services persons to predict the market actually hurt, rather than helped, net portfolio return.
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%. [66] 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. [32]
On the next day on 22 January 2008, the Sensex again fell by 875 points to 16,729. 22 Jan 2008: The Sensex saw its biggest intra-day fall on Tuesday when it hit a low of 15,332, down 2,273 points. However, it recovered losses and closed at a loss of 875 points at 16,730. The Nifty closed at 4,899 at a loss of 310 points.
Regular operating hours for both exchanges are Monday-Friday from 9:30 a.m. – 4 p.m. ET, although there are various ways to trade stocks 24 hours a day. Markets do not operate during the weekend ...
Apart from this, certain holidays which are celebrated nationally are declared centrally by the Union Government. Additionally, various state governments and union territories designate additional holidays on local festivals or days of importance as holidays as per section 25 of the Negotiable Instruments Act, 1881.
Here are Monday hours for South Florida malls and major stores so you can catch an after-Christmas sale or return your unwanted holiday gifts: MALLS Broward Mall: Opens at 11 a.m. Monday, Dec. 26.
12 years, 151 days [56] 2 Chitra Ramkrishna: 1 April 2013 2 December 2016 3 years, 245 days [57] 3 Vikram Limaye: 06 February 2017 16 July 2022 5 years, 160 days [58] 4 Ashish Chauhan: 18 July 2022 Incumbent: 2 years, 220 days [59]
Black Monday itself was the largest one-day percentage decline in stock market history – the Dow Jones fell by 22.6% in a day. The names "Black Monday" and "Black Tuesday" are also used for October 28–29, 1929, which followed Terrible Thursday—the starting day of the stock market crash in 1929.