From Harshad Mehta to Covid-19 to 2025: India's worst stock market crashes ever

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From Harshad Mehta to Covid-19 to 2025: India's worst stock market crashes ever - Business Standard

Quick Summary:

The Indian market, however, began its recovery shortly after, supported by global stimulus measures and interest rate cuts.

This recovery, in markets, was supported by a series of economic reforms and liberalisation policies, increased investor awareness, and the introduction of stronger institutional safeguards, which helped rebuild investor confidence and stabilise the markets.

The Ketan Parekh scam, combined with the burst of the dot-com bubble, caused a severe crash in 2001, with the Sensex falling to 2,594 levels from 4,200 levels in September.