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The biggest credit bubble in history Sadly, the terrorist attacks of 2001 made a recession politically unacceptable, and America was goaded into a state of artificial economic stimulation. We are now paying the price for what may prove to be the biggest bet in financial history in the form of a credit crisis. This term is really a misnomer, as what we face is a debt crisis, the kind of problem which undisciplined, developing countries have to endure.
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How the Sensex is calculated Sensex is a basket of 30 constituent stocks representing a sample of large, liquid and representative companies. The base year of Sensex is 1978-79 and the base value is 100.
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