THE STOCK MARKET MAYHEM
- Credit Rating Agency in India
- Economy Overview
- THE STOCK MARKET MAYHEM
The 5th August 2024 has been marked once again as a “Black Monday” due to a chaos across the global markets with Wall Street taking a nosedive at the opening bell. Japan’s Nikkei had its worst single day decline in 37 years (since the 1987 crash), dipping over around twelve per cent. From Asia to Europe including India, markets are coloured in red. The Sensex is down more than 2,000 points, and the Nifty’s dropped over 600 points, rubbing out a huge market cap of over ?15 lakh crore in a single day.