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Search for The Sensex is down 8% today, the steepest drop since 2008; the Dow opens with another crash in the web..
The Sensex is down 8% today, the steepest drop since 2008; the Dow opens with another crash
As India’s stock market index, the Sensex, dropped by a startling 8%, the world’s financial markets had a turbulent day. This decrease represents the biggest one-day slump since the 2008 financial crisis. The Dow Jones Industrial Average began with another huge collapse, adding to the depressing mood and alarming investors all over the world. Selling avalanches reportedly caused SBI to incur a decline of 13.23% in India and a loss of 9.82% in the oil and gas sectors, according to Siddharth Mehta, IL&FS Former Director and CIO of Bay Capital. Real estate, metal, bankex, finance, oil, and IT all saw declines in their sector indices. For well-run, non-leveraged businesses, prudent investing is advocated despite market volatility.
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Search for The Sensex is down 8% today, the steepest drop since 2008; the Dow opens with another crash in the web..
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