Thursday, May 18, 2006

Stock market blues... cont...

Found some interesting statistics...
Today's market correction is the biggest single day fall in absolute terms (Sensex).

Single Day market falls
18-May-2006 = 862 Points ?? Global fall + Commodities fall + Fed Hike + Taxation of FIIs
28-Apr-1992 = 570 Points ?? Harshad Mehta Scam
17-May-2004 = 564 Points ?? NDA losses + Left joins Govt
15-May-2006 = 462 Points ?? Global Fall starts...

In percentage terms...
Oct 8,1990 = 15
Apr 28, 1992 = 12.7
May 17,2004 = 11.1
May 12, 1992 = 9.7
May 18, 2006 = 7
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