All #Sensex #BearMarkets in #OneChart
Most of us have never seen a market crash like this earlier. But it doesn’t mean markets haven’t fallen like this ever before. Take a look at all the bear markets and you will get my point.
#coronacrash #markets #bandkarobazaar
1. The 1992 crash was the first one for Indian stock markets. It took just 36 sessions for the Sensex to fall by 40% from all-time highs.
2. The bear market after the Dotcom bubble burst in 2000 was the longest. Sensex dropped 56% from all-time high and took 405 sessions or 19 months to bottom out.
3. The crash in 2008 was the severest of all. Sensex plunged 61% from all-time high and knocked out most investors brutally.
4. The 2015 bear market was the least fatal of all. Sensex dropped 23% from all-time high on the back of currency crisis in emerging market economies.
5. The Corona crash is the most recent of all bear markets. Sensex has fallen a maximum of 33% in 47 trading sessions. We are in the middle of this crash and don’t know how far or how long it will take to bottom out.
I hope this chart gives you a better perspective on the past market crashes and enables you to take better decisions in future.
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