Scribd Logo
Upload

Welcome to Scribd!

  • 2008 Vs 2020 Stock Market Crash Comparison

    Uploaded by

    Dr. Nitin Bhujbal
    15 views4 pages
    The document compares the 2008 and 2020 stock market crashes in India. It notes that the 2008 crash saw the Nifty fall over 64% over 10 months, while the 2020 crash resulted in a 39.57% drop over 3 months. Both crashes started in January and bottomed in October 2008 and March 2020 respectively. The recovery period after 2008 took over 6 years, while the recovery after 2020 took around 11 months. The 2008 crash was driven by the subprime crisis and bankruptcies, while the 2020 crash was due to the Covid-19 pandemic.

    Original Description:

    STOCK MARKET CRASHES

    Copyright

    © © All Rights Reserved

    Available Formats

    PPTX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    The document compares the 2008 and 2020 stock market crashes in India. It notes that the 2008 crash saw the Nifty fall over 64% over 10 months, while the 2020 crash resulted in a 39.57% drop over 3 months. Both crashes started in January and bottomed in October 2008 and March 2020 respectively. The recovery period after 2008 took over 6 years, while the recovery after 2020 took around 11 months. The 2008 crash was driven by the subprime crisis and bankruptcies, while the 2020 crash was due to the Covid-19 pandemic.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    15 views4 pages

    2008 Vs 2020 Stock Market Crash Comparison

    Uploaded by

    Dr. Nitin Bhujbal
    The document compares the 2008 and 2020 stock market crashes in India. It notes that the 2008 crash saw the Nifty fall over 64% over 10 months, while the 2020 crash resulted in a 39.57% drop over 3 months. Both crashes started in January and bottomed in October 2008 and March 2020 respectively. The recovery period after 2008 took over 6 years, while the recovery after 2020 took around 11 months. The 2008 crash was driven by the subprime crisis and bankruptcies, while the 2020 crash was due to the Covid-19 pandemic.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 4

    2008 Vs 2020 Stock Market

    Crash Comparison
    2008
     In 2008 Nifty Crashed from 6357 to 2252
     Nifty fell by 4105 points or 64.57 %
     The correction started in January 2008
     Made a bottom in October 2008
     Market Corrected for 10 Months and the Recovery Phase
    was 64 Months
     The top was again broken in March 2014
     Approximately after 74 Months or 6 Years
    2020
     In 2020 Nifty Crashed from 12430 to 7511
     Nifty fell by 4919 points or 39.57 %
     The correction started in January 2020
     Made a bottom in March 2020
     Market Corrected for 3 Months and the Recovery Phase was 8
    Months
     The top was again broken in November 2020
     Approximately after 11 Months
    Reasons Behind the crash
    2008
     Subprime Crises
     Burst of Real-estate bubble
     Bankruptcy of Financial Institution Globally

    2020
    • Covid-19 Pandemic

    You might also like