Market crash, investors died

                 Market crash, investors died

Still remember the year 2007-2008 when USA faced its biggest crisis in the history of economics, this crisis is also known as Subprime crises or Manmade crisis.

Where the number of banks had gone bankrupted, but two largest financial institutions which have been affected were Maryel lunch and Lehman brothers.

The impact was so worst that every market was affected by this whether it was NIKKI, BSE OR NSE, and NASDAQ.  

If we talk about the Indian market which was at its peak at that time was suddenly crashed, From 21000 to 7000 pts. The main reason behind this was that the foreign investors who have taken their money back from the Indian sub continent and investing in their own motherland. Every stock has been affected by this meltdown .Economy was totally on stand still.  

According to the survey which has been conducted at that time it was estimated that market has suffer round about 80 lakh crores.

Then there was a rain of Bailout packages which has been given by the Indian government to every sector for example (Agriculture, Industries, and Banking) and the loss was recovering day by day, Investors got the new hope that their money will be recovered.

But as it is already said that history repeat itself, again in 2011 the Market crashed in USA and it has its impact on all over the world’s market.

On Monday market opened with the loss of 550 points andTriger was down by the effect of USA market again. Market has got the loss of near about 1 lakh crore in a day which was total of 5 lakh crore in three days. Every sector is affected. Although on Wednesday market has opened with the increasing point of 80 but it doesn’t seem that investors will cover their loss soon.

Let’s hope for the best that investors ‘will recover their loss.

       

BY: PALWINDER BHATIA