The stock market, which came close to the lower circuit, happened 12 years later

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Mumbai, March 12, 2020 Thursday

The fears of Corona virus and the falling crude oil prices globally have caused the stock market to shake, whether the Sensex and the Nifty are closing in on the red mark, though the situation has worsened as the stock market draws closer to the Lower Circuit, Seeing this, people's heartbeat increased.

It is worth mentioning here that if the stock market is down 10% or more, it seems to be a downward circuit, and trading is halted.

Biggest bracelet since 2008

The biggest drop in the Sensex was 12 years ago in 2008, this time the Sensex has come close to 9 percent, and the decline is the largest since 2008.

Accordingly, the Sensex fell nearly 3150 points, there was a time in 2008 when the Lower Circuit was launched in Sensex, it is worth mentioning that during the trading on October 24, 2008, the Sensex lost 1070.63 points, ie 10.96.

The Nifty sparked the 10,000 mark on July 25, 2017, the Nifty was at 9520 points at the end of June 2017, the Nifty also fell below the 9600 mark in today's trading, which was during the July 2017, the Nifty has dropped to 9 percent.

The stock reached its 52-week low

Reliance Industries, TCS, HDFC Bank, Bajaj Auto, HPCL, ITC, L&T, ABB, Hero MotoCorp, ACB, BEML, JAIL, Gillette, and Glenmark Pharma are among the 783 stocks, with a 52-week low.

The biggest decline of the last 7 years

The biggest declines were seen in TCS at 12 percent, Berger Paint at 15 percent, Indigo at 18 percent and Spice Jet by 36 percent, the largest in the last seven years.

The Sensex fell 15 percent in 7 days

The Sensex has fallen 15% in the last 7 days, while SBI shares have also fallen the biggest in 7 days.

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