Tuesday, March 4

Top 10 biggest falls in Sensex history - Updated

Here are the 10 biggest falls in the Indian stock market history:

1. Jan 22, 2008: The bears showed no mercy this morning and the resultant slide in stock prices sent the benchmark indices Sensex and Nifty crashing down by over 10%. The exchanges have halted trading for an hour.
When BSE cried halt, the Sensex was down by a staggering 11.53% or 2029.05 points at 15,576.30.

2. Jan 21, 2008: The 30-share Sensex, which has been sliding over the last six trading sessions crashed by over 2000 points to 16,951.50, its lowest since 26 September 2007.
The market turned weak following reports of a sluggish trend in international markets due to rising concerns of inflation in the world's biggest economy - the US.

3. Oct 17, 2007: The stock market benchmark Sensex crashed by 1,743 points within minutes of opening, prompting suspension of trade for an hour. The 30-share index, Sensex, tumbled to 17,307.90, a fall never seen before.

4. 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.

5. 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.

6. 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.

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

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

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

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


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