Sensex’s Historical Plunges: A Look Back at Major Intraday Falls
The Sensex experienced notable declines on multiple occasions due to both global and domestic events. Major falls include those linked to election results and the COVID-19 pandemic, with significant intraday drops recorded on June 4, 2024, March 23, 2020, March 16, 2020, March 13, 2020, and March 12, 2020.
![Sensex’s Historical Plunges: A Look Back at Major Intraday Falls](https://devdiscourse.blob.core.windows.net/devnews/05_08_2024_11_36_37_4750943.jpg)
- Country:
- India
The Sensex, India's benchmark stock index, faced a sharp decline on Monday, highlighting its history of significant drops often triggered by global and domestic economic events.
On June 4, 2024, the Sensex suffered one of its steepest falls, plunging 6,051.35 points to an intraday low of 70,234.43, before closing at 72,079.05. The decline was driven by post-election uncertainty after no political party secured a parliamentary majority.
During the COVID-19 pandemic, the Sensex experienced pronounced volatility. On March 23, 2020, it dropped to an intraday low of 25,880.83 points amid widespread panic. Similarly, it fell sharply on March 16, 2020, March 13, 2020, and March 12, 2020, reflecting severe market reactions to the pandemic's economic impact.
(With inputs from agencies.)