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Financial Times [3] terms a double-digit percentage fall in the stock markets over five minutes as a crash, while Jayadev et al. describe a stock market crash in India as a "fall in the NIFTY of more than 10% within a span of 20 days" or "difference of more than 10% between the high on a day and the low on the next trading day" or "decline in ...
CHENNAI/BENGALURU (Reuters) -One worker was killed and another injured in a fire incident at an Indian Oil Corp (IOC) plant in the southern Indian city of Chennai on Wednesday, the state-run ...
Stock price graph illustrating the 2020 stock market crash, showing a sharp drop in stock price, followed by a recovery. A stock market crash is a sudden dramatic decline of stock prices across a major cross-section of a stock market, resulting in a significant loss of paper wealth. Crashes are driven by panic selling and
After the Dec 4th 2023 Chennai floods, CPCL Manali LPG had oil leaks but cleanup didn't start until 7th Dec. As golden period was missed, spill extended to 20 sq. km. impacting more people, property, animals & river. NGT was forced to issue 3-day ultimantum to cleanup & file report on 18th Dec. [12]
By Monday, the sell-off was intensifying, with stock futures for the S&P 500 down more than 2 percent and down more than 4 percent for Nasdaq. Markets around the world declined , especially across ...
Tuesday is looking like a bad day to be invested in oil stocks, as downbeat news in the oil sector takes a toll on shares of oil majors ExxonMobil (NYSE: XOM), ConocoPhillips (NYSE: COP), and BP ...
Bond yields and prices move in opposite directions. The adjusted rate cut outlook also continued to weigh on crypto, bringing bitcoin below $100,000. The token fell almost 5% to $96,178.
Major events included a described Russia–Saudi Arabia oil price war, which after failing to reach an OPEC+ agreement resulted in a collapse of crude oil prices and a stock market crash in March 2020. The effects upon markets are part of the COVID-19 recession and are among the many economic impacts of the pandemic.