The fall in the stock markets has scared the investors. Markets closed with a big drop on Monday. The Sensex closed at 52,843 points, down 1491 points or 2.74 per cent. Nifty also closed at 15,863 after falling 382 points. Indeed, Russia’s attacks on Ukraine have blown the air out of the market. Today is the 12th day of the attack. Meanwhile, there is no sign of softening of Russia’s stance.
Sensex down 4500 points in two weeks
Russia attacked Ukraine on the morning of 24 February (Indian time). Since February 24, the Sensex has fallen by about 4500 points. During this Nifty has fallen 1200 points. This fall has reminded investors of 2008. In the year 2008, on January 21, there was a big fall in the Indian stock market. On this day, the Sensex closed at 17,065, down 1408 points. Today’s drop in percentage was four times more than today’s. That day was also Monday.
Read also: Sensex fell 1,500 points, investors lost Rs 5.43 lakh crore in one day
There was a continuous decline in the market even in 2008.
On January 22, 2008, the Sensex had fallen 875 points again. On February 11, there was a big fall in the market again. On that day, the Sensex fell 834 points to close at 16,630 points. Then the stock market continued to decline throughout the year. You can guess this fall from the fact that the Sensex had halved in about a year. On February 22, 2008, the Sensex was at 17,349 points. It closed at 8,849 on February 20, 2009.
Great recovery in the market in a year
The stock market saw a spectacular rise in the year after that. On February 26, 2010, the Sensex again reached 16,429 points. We want to tell you that after every fall the market has managed to recover. Therefore, it is important for investors to know about the situation in the Indian market in 2008. In fact, a large number of new investors have entered the stock market since the outbreak of Corona. They don’t know much about the fall in the market after 2008.
Patience investors become millionaires
We would like to tell you that investors who kept their patience during the post-2008 downturn have become millionaires today. New investors who took advantage of that decline have also made huge profits. In the 13 years from 2009 to 2022, there are many such companies, which have given returns of 30 to 40 times to the investors. This means that if you had invested around Rs 3 lakh then you would have been the owner of Rs 1 crore today.
company | Share Price in February 2009 | share price today |
TCS | 118 rupees | Rs 3481 |
maruti suzuki | Rs 677 | Rs 6775 |
Mindtree | 51 rupees | Rs 3869 |
Bata India | 641 rupees | Rs 1700 |
Bajaj Finance | Rs 5.70 | 6144 rupees |
For example, the share price of TCS has increased more than 30 times during this period. In the last 13 years, the share price of Maruti Suzuki has increased 10 times. The share price of Mindtree has increased 75 times during this period. The share price of Bajaj Finance has become 1000 times.
What you should do?
The price of these shares shows that the investors who have maintained their investment in the market are the owners of huge wealth today. Therefore, you should also not be worried about the fall in the stock market. If you have invested in good companies then you need not fear. After the end of Russia-Ukraine war, the market will return to light. Then the stocks falling today will not only make up for this fall, but they will touch new highs. If you have extra money, which you don’t need for 2-3 years, you can use this dip opportunity to buy.
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