April 04, 2007

10 biggest falls in the Indian stock market history

The 10 biggest falls in the Indian stock market history:

1. May 18, 2006: The Sensex registered a fall of 826 points (6.76 per cent) to close at 11,391, it's biggest ever, following heavy selling by FIIs, retail investors and a weakness in global markets.

2. April 2, 2007: Sensex slipped by 617 points to 12,455 following the RBI's decision to hike CRR and repo rates.

3. April 28, 1992: The Sensex registered a fall of 570 points (12.77 per cent) to close at 3,870, it's second-largest, following the coming to light of the Harshad Mehta securities scam.

4. May 17, 2004: Another Monday. Sensex dropped by 565 points, its third biggest fall ever, to close at 4,505. With the NDA out of power and the Left parties, part of the UPA coalition government, flexing their muscle, the Sensex witnessed its second-biggest intra-day fall of 842 points, twice attracting suspension of trading. At close, however, it regained some of its lost ground.

5. March 5, 2007: The Sensex lost 471 points 12,415 points.

6. May 15, 2006: The market fell by 463 points to 11,822 points.

7. May 22, 2006: Sensex slumped by 457 points to 10,482.

8. May 19, 2006: Sensex slumped by 453 points to 10,939.

9. April 4, 2000: Sensex slumped by 361 points to 4,691.

10. May 12, 1992: Indian stock markets plunged 334 points to fall to 3,086.

No comments: