Markets: Was this the steepest fall on Budget Day?
The biggest fall registered in the last two decades was in Yashwant Sinha's 2000 Budget, but Saturday's drop figures in the top 5
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Last Updated: Feb 01, 2020, 19:17 IST1 min
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A 900-plus point fall on the Sensex might seem like a lot, but in percentage terms, Indian markets have seen a lot more volatility.
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The biggest fall registered in the past two decades was in Yashwant Sinha’s 2000 Budget, when the markets fell a little over 5 percent. That was also the time when the tech bubble had burst and FIIs had deserted India. A couple of years later, they registered another fall of slightly under 4 percent on Budget Day in 2002.
P Chidambaram saw two large falls under his watch, in 2007 and 2009—the years before and after the financial crisis.
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First Published: Feb 01, 2020, 19:17
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