BUSINESS

Rediff.com » Business

10 biggest falls in Sensex history
Source: PTI
February 11, 2016 20:23 IST

The Sensex has come off more than 23 per cent from its all-time peak of over 30,000, scaled nearly a year ago on March 4, 2015.

Sinking to its lowest level in 21 months, the market benchmark Sensex on Thursday crashed 807 points to drop below 23,000-mark as concerns over global economy and mounting bad loans wiped off over Rs 3 lakh crore from the wealth of panic-stricken investors.

Marking the eighth biggest single-day fall, the Sensex closed 807.07 points down at 22,951.83 -- a new low for the index during the current NDA regime and the lowest since May 8, 2014 -- when the Lok Sabha elections were underway that saw BJP-led alliance sweeping to power.

Putting the blame for the fall on global factors, the government sought to put a brave face saying the fall in market benchmarks this year has been just about 10 per cent as against much higher declines in other markets.

Take a look at 10 biggest falls in Sensex history:


Source: PTI© Copyright 2024 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.
© 2024 Rediff.com