Russia-Ukraine crisis led to one of the worst market crashes in history

Feb 25, 2022

By: Bhakti Makwana

Biggest stock market crashes in history

Credit: BCCL/Canva

March 23, 2020 — Biggest market crash

Sensex crashed 13 percent on the day as the COVID-19 pandemic escalated resulting in many deaths worldwide.

Credit: BCCL

April 28, 1992

Sensex slipped nearly 13 percent as an aftermath of a stock market scam, of around ₹5,000 crore, carried out by broker Harshad Mehta.

Credit: BCCL

October 24, 2008

The great recession triggered by the 2008 global financial crisis led Sensex to fall nearly 11 percent resulting in its third biggest fall ever.

Credit: BCCL

March 12, 2020

Around 8 percent fall in the Indian benchmark index was triggered by growing uncertainties due to the COVID-19 pandemic.

Credit: BCCL

March 16, 2020

Sensex tumbled 8 percent on the day as investors realised that the coronavirus lockdowns are here to stay for long.

Credit: BCCL

January 21, 2008

Markets turned volatile and Sensex slumped 7 percent as investors feared that the US may be slipping into a recession.

Credit: BCCL

May 18, 2006

The US housing bubble, which began in 2006 due to subprime mortgage loans resulted in the real estate market collapsing and homeowners defaulting on their loans. Sensex dropped nearly 7 percent on these concerns.

Credit: BCCL

March 17, 2008

Sensex fell 6 percent on weak global cues that slipped on the realisation that the US banks had provided loans to many non-creditworthy individuals. And now borrowers were defaulting one by one.

Credit: BCCL

August 24, 2015

Sensex had recorded one of the worst falls of nearly 6 percent on this day triggered by rising crude oil prices and slump in Chinese markets.

Credit: BCCL

November 9, 2016

Sensex slipped 6 percent on this day ahead of US election results that showed Donald Trump in the lead.

Credit: BCCL

February 24, 2022

Equity markets across the world fell significantly on news of Russia declaring a war on Ukraine.

Credit: BCCL

Don't be in a hurry to prepay but plan EMIs better, say experts as home loan burden set to rise