The worst March quarter in the stock market, the weakest fiscal year in a decade
New Delhi, 31 March 2020 Tuesday
The Sensex fell 5 percent in March, the worst performance in history. The Nifty also fell 5 percent, the worst performance of any March.
Similarly, for the three months to January-March, the Sensex has declined by 5.7%, the largest decline of any quarter in history. The Nifty has declined by 5.9 percent, the worst quarter since the quarter of June 3, when it declined by 8.5 percent.
The Sensex fell 5 percent in the 5th. The Nifty fell 5 percent and Sensex fell 5 percent in FY 6-8, the worst performance in the last ten years. In the past, the Sensex has declined by 5.7% and the Nifty by 8.5% in 1-3.
The Nifty-1 and BSE-6 index comprises a total of 5 companies with shares of 5 companies whose prices have fallen by more than half.
Such companies include IndusInd Bank, RBL Bank, Bandhan Bank, Indiabulls Housing Finance, PNB Housing Finance, Vedanta, Hindalco, Zee Entertainment and Tata Motors. In addition, there are shares of the 3 companies with a decline of 5 to 5 percent.
Drastic reduction in investor wealth
March 5, down Rs
In the January-March quarter, Rs
Decrease in year 1-4 Rs
Stock market conditions during the financial year 2019-20
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