View Full Image (The Economist) To a certain extent, this record-smashing is to be expected. Dump the losers periodically, as benchmark indices tend to, and the history of equities is one long (albeit frequently interrupted) march upwards. Bear markets and crashes abound, but once prices recover to set one new […]
market crash
Indian stock market indices declined a percent each on Wednesday dragged by profit booking at higher levels. The Sensex crashed more than 900 points to fall below 79,600 level, while the Nifty 50 tanked more than 200 points to slip below 24,200. Sensex hit an intraday low of 79,435.76, falling […]
On Monday this week, Indian benchmark Nifty 50 surged topped the 23,000 level, while the BSE Sensex crossed the 76,000 level. Buoyed by exit polls predicting a third term for Modi, everything felt good when stocks were going up on Monday. Little did investors know that the poll results on […]