The first COVID-19 case in India was traced on January 30th, 2020. The following weeks how to start trading involved what seemed like just a COVID-19 panic. This was based on the effects the companies globally would face with the worlds leading manufacturer China busy battling the virus.
What Caused the Biggest Stock Market Crashes in India? how to start trading
March 6th saw Yes Bank at the brink of failure adding to the woes of COVID-19. how to start trading this was due to the bad loans resulting in high NPAs with the bank eventually requiring government intervention. This further gave a clearer picture of the ailing banking sector. The markets saw a 1,000 point loss on March 4th and March 6th. Lockdowns imposed around Europe and ‘Emergency’ declared in the US saw Foreign institutional investors fleeing the Indian markets to invest in stable developed countries. As the COVID-19 cases kept worsening in India the markets entered a bearish slump.
— The 2008 Financial Crisis
The 2008 financial crisis was known as the biggest disaster after The Great Depression. How to start trading the financial crisis was caused by the bubble created by the housing market in the US. It trashed not only the ‘American Dream’ but also rippled on throughout the world killing many Indian Dreams too. The Ripple effect saw the market fall a number of times in 2008. The year 2008-09 had seen the Indian markets fall by over 50% from its high.
— The Harshad Mehta Scam
Harshad Mehta was known as “The Sunny Deol of the Indian Stock Market”, “ The Big Bull”, and how to start trading eventually was the eponym to his scam. Harshad Mehta was a broker known for his lush luxurious lifestyle. He took advantage of the regulations which barred banks from investing in the stock markets in the 1980s and 1990s.