Big Sensex falls in 20 years and market reaction to other viral outbreaks
Coronavirus fears shaved off 2,919 points fom the Sensex on 12 March, the steepest single-day fall in market history. ET Wealth looks at some biggest crashes in the past two decades and market reaction to few other viral outbreaks.
The markets took a hit during the course of the viral but, it may manage to recover soon.
In a week that saw the Sensex drop nearly 5,700 points, Coronavirus fears shaved off 2,919 points on 12 March, the steepest single-day fall in market history.
ET Wealth looks at some of the biggest crashes in the past two decades, the worst single-day falls and market reaction to some of the viral outbreaks.
How Sensex reacted to viral outbreaks
The markets took a hit during the course of the viral, but managed to recover within six months.
SARS Duration of epidemic (Jan-Mar 2003): -10.1% Next six months (Apr-Sep 2003): 44.5%
Avian influenza Duration of epidemic (Jan-Aug 2004): -12.3% Next six months (Sep 2004-Feb 2005): 28.8%
Ebola Duration of epidemic (Dec 2013-Feb 2014): -1.1% Next six months (Mar-Aug 2014): 28.3%
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Zika Duration of epidemic (Nov 2015-Feb 2016): -13.4% Next six months (Mar-Aug 2016): 19.7%
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Source: Ace Equity
10 worst single-day falls Market fall has been defined as a drop of 20% from its peak. Source: ACE Equity
