Indian Stock Market Biggest Crashes in History: There was chaos in the Indian stock market as soon as the market opened on the morning of Monday, March 9. The main benchmark index BSE Sensex had fallen by 2400 points. A sharp decline was also seen in NSE Nifty 50.
Till the time of writing the news at around 12:08 pm, the Sensex was trading at 77,032, down 1886 points. Whereas Nifty had slipped 50 584 points. Nifty was trading at the level of 23,866. Such decline has been seen on some selected occasions in history. Let us know about them…
Trump tariffs had spoiled the mood on April 7, 2025
Talking about the fall in the stock market in recent times, the Sensex fell by 2.95 percent or 2226.79 points on April 7, 2025 due to the implementation of tariffs by US President Trump. Sensex ended the day at the level of 73,137.90.
At the same time, Nifty 50 had slipped 742.85 points or 3.24 percent. At the close of the trading day, Nifty had reached the level of 22,161.60. On this day, 30 out of 30 stocks from BSE basket were in decline. The biggest decline was seen in the shares of Tata Steel and it fell by 7.16 percent.
There was a big decline even during Covid
On March 23, 2020, a huge fall of 3,934 points was recorded in the Sensex. Which was a decline of about 13.15 percent. That day the Sensex slipped and closed at 25,981.24 level. At the same time, Nifty 50 had also slipped by 12.98 percent or 1135.20 points.
The reason behind this decline was the government’s decision to impose lockdown in the entire country. At that time there was a lot of uncertainty about the impact of the Covid pandemic. Due to which a sharp decline was seen in the market.
The market was broken due to global crisis in 2008
Earlier in the year 2008, during the Global Financial Crisis, a big decline was seen in the domestic market. On January 21, 2008, the Sensex fell by about 7.4 percent or 1,408 points. At that time, there was increased nervousness among investors due to the fear of recession in the global economy. Due to which heavy selling was seen in the market.
The market was also broken due to Harshad Mehta scam
A major fall in the stock market was also recorded on March 2, 2001. During this period the Sensex had slipped by 4.13 percent. At that time, there was an atmosphere of fear in the market after the scam related to stock broker Harshad Mehta came to light.
Due to which investors started selling their shares rapidly. Earlier on April 28, 1992, due to the same scam, the Sensex had fallen by 12.7 percent in a single day.
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