Biggest falls in Indian stock market history

By | January 6, 2015

Here are the biggest falls in the Indian stock market history:

Jan 21, 2008: The Sensex saw its highest ever loss of 1,408 points at the end of the session on Monday.  The Sensex recovered to close at 17,605.40 after it tumbled to the day’s low of 16,963.96, on high volatility as investors panicked following weak global cues amid fears of the US recession.

Jan 22, 2008: The Sensex saw its biggest intra-day fall on Tuesday when it hit a low of 15,332, down 2,273 points. However, it recovered losses and closed at a loss of 875 points at 16,730. The Nifty closed at 4,899 at a loss of 310 points. Trading was suspended for one hour at the Bombay Stock Exchange after the benchmark Sensex crashed to a low of 15,576.30 within minutes of opening, crossing the circuit limit of 10 per cent.

May 18, 2006: The Sensex registered a fall of 826 points (6.76 per cent) to close at 11,391, following heavy selling by FIIs, retail investors and a weakness in global markets. The Nifty crashed by 496.50 points (8.70%) points to close at 5,208.80 points.

December 17, 2007
:  A heavy bout of selling in the late noon deals saw the index plunge to a low of 19,177 – down 856 points from the day’s open. The Sensex finally ended with a huge loss of 769 points (3.8%) at 19,261. The NSE Nifty ended at 5,777, down 271 points.

October 18, 2007: Profit-taking in noon trades saw the index pare gains and slip into negative zone. The intensity of selling increased towards the closing bell, and the index tumbled all the way to a low of 17,771 – down 1,428 points from the day’s high. The Sensex finally ended with a hefty loss of 717 points (3.8%) at 17,998.  The Nifty lost 208 points to close at 5,351.

January 18, 2008: Unabated selling in the last one hour of trade saw the index tumble to a low of 18,930 – down 786 points from the day’s high. The Sensex finally ended with a hefty loss of 687 points (3.5%)  at 19,014. The index thus shed 8.7% (1,813 points) during the week. The NSE Nifty plunged 3.5% (208 points) to 5,705.

November 21, 2007:  Mirroring weakness in other Asian markets, the Sensex saw relentless selling. The index tumbled to a low of 18,515 – down 766 points from the previous close. The Sensex finally ended with a loss of 678 points at 18,603.  The Nifty lost 220 points to close at 5,561.

August 16, 2007: The Sensex, after languishing over 500 points lower for most of the trading session, slipped again towards the close to a low of 14,345. The index finally ended with a hefty loss of 643 points at 14,358.

April 02, 2007: The Sensex opened with a huge negative gap of 260 points at 12,812 following the Reserve Bank of India decision to hike the cash reserve ratio and repo rate.  Unabated selling, mainly in auto and banking stocks, saw the index drift to lower levels as the day progressed. The index tumbled to a low of 12,426 before finally settling with a hefty loss of 617 points (4.7%) at 12,455.

August 01, 2007: The Sensex opened with a negative gap of 207 points at 15,344 amid weak trends in the global market and slipped deeper into the red. Unabated selling across-the-board saw the index tumble to a low of 14,911. The Sensex finally ended with a hefty loss of 615 points at 14,936. The NSE Nifty ended at 4,346, down 183 points. This is the third biggest loss in absolute terms for the index.

July 06,2009: The Sensex opened  at 14,962 amid weak trends in the global market and slipped deeper into the red. Unabated selling across-the-board saw the index tumble to a low of 13959. The Sensex finally ended with a hefty loss of 869 points at 14043.

August 17,2009: The Sensex opened with a negative gap  at 15,284  amid weak trends in the global market and Rupee Crises  and slipped deeper into the red. Unabated selling across-the-board saw the index tumble to a low of 14740. The Sensex finally ended with a hefty loss of 626 points at 14784.

January 06,2015 : The Sensex opened with a negative gap of 300  points at 27,490 amid weak trends in the global market and slipped deeper into the red. Unabated selling across-the-board saw the index tumble to a low of 26980. The Sensex finally ended with a hefty loss of 855 points at 26987. The NSE Nifty ended at 8127, down 251 points.

11 thoughts on “Biggest falls in Indian stock market history

  1. VijayRaghav

    Hi, I am in RamGanesh camp. My analysis is simple. Since Feb 2014, every month nifty has hit new highs. For Jan 2015, I do not see a valid reason to fall! Oil price fall is good for India. I feel it is a knee jerk reaction. Others, please share your views.
    Thanks

  2. Ram Ganesh

    Dear Bramesh Sir,

    This is my view for NIFTY in the next 22 trading days.
    I believe the NIFTY should cross 8500 in 22 trading days; I am attaching my analysis for the last 18 months for biggest falls in NIFTY; Please let me know your thoughts; i would like to go long in NIFTY; I have already bought 1 lot of NIFTY at the close of today and I will buy more if you are also bullish on the market.
    ( I am sorry; I am not able to copy paste the table format here)
    Date Fall Closing High within 30 trading days Date(Hi) Lowest within 15 trading days Date(Low) Rise from the close of big fall Rise(%) Days to hit hi
    16-Aug-13 234 5508 6142 19-Sep-13 5119 28-Aug-13 634 11.5% 34
    3-Sep-13 209 5341 6142 19-Sep-13 5319 4-Sep-13 801 15.0% 16
    27-Aug-13 189 5287 6142 19-Sep-13 5119 28-Aug-13 855 16.2% 23
    20-Jun-13 166 5656 6093 23-Jul-13 5566 24-Jun-13 437 7.7% 33

  3. Sanjoy

    SL, SL, SL.

    One may earn less but will at least survive to see the next day.

  4. Rajeev Kapoor

    hello sir please rectify today’s date January 06 2014 to
    2015

  5. Arun

    no words to speak you alerted the whole world 🙁

    “As per time analysis 06 Jan is Gann Turn date , except a impulsive around this date. ”

    Even after reading this i went for good calls and hitted out badly:(… Long way to go sir

    your really market god!!!! no words to praise you, I surrender to you 🙂

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