The BSE-Sensex is down almost 1,000 points over the past 3 days alone. Newspapers have started shouting out – “India, tottering and sputtering”.
Some are calling this crash a “tragedy”, while there are others who are describing it as a “disaster” for investors.
And then, of course, there are many who are predicting that the future is going to get worse and that investors must stay on the sidelines till the dark clouds disperse.
Anyways, before we move further, here is a snapshot of the 4 major falls – the tragedies and disasters – the Sensex has seen over the past 15 years.
This first major drop came after the dot com boom bust in early 2000. The Sensex dropped 56% in a matter of 19 months. [Read more…] about Sometime You Can’t Help But Make Money from Stocks. Is That Time Now?