The Indian share market experienced the third biggest crash in its history on August 24, 2015, with the Sensex at 25,741.56 points, having lost 1,624 points. While the Nifty closed at 7,809 points. In panic, the Bombay Stock Exchange (BSE) suspended 17 firms from trading. This is the biggest Sensex crash since 2009.
Zee News reports that a total of Rs 7 lakh crore went down the drain on Monday. This crash apparently haven’t due to the currency valuations in Chinese Yuan and the US Dollar. Korea, Taiwan and Japan are also experiencing problems in the share market, and this is going to continue for some time.
This video also offers you tips on where to invest right now, and an assurance by Union Finance Minister Arun Jaitley that the markets will “settle down” soon. Watch video to know about the stock market crash in detail.