Monday has always been ominous in stock history
 
 
 
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Monday has always been ominous in stock history


Date: Jun 04, 2006

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Mumbai, (Monday)May 25: That Monday is ominous for the market was yet again confirmed on Monday when stocks recorded the highest ever intra-day crash forcing suspension of trading on the bourses.

1,100 points for the first time in its history on Monday on across the board panic selling, bringing trading to an halt for an hour.

Apart from Monday’s crash, three of the Sensex's ten biggest falls have been recorded on a Monday. Another 570 point fall was recorded on the first trading day of the week on April 28, 1992, which happened to be a Tuesday with Monday being a holiday.

The crash of 565 points on May 17, 2004 is still fresh in investors' memory as "Black Monday" - which was the last occasion when trading was suspended due to markets hitting the lower circuit.

The other Mondays when the market bled was on may 15,2006 (-463 points) and march 31, 1997 (-303 points).

However, the largest single day fall was recorded on a Thursday - May 18, 2006 -- when the key index tanked 826 points.

The other Mondays when the market bled was on may 15,2006 (-463 points) and march 31, 1997 (-303 points).

However, the largest single day fall was recorded on a Thursday - May 18, 2006 -- when the key index tanked 826 points.

The other Mondays when the market bled was on may 15,2006 (-463 points) and march 31, 1997 (-303 points).

However, the largest single day fall was recorded on a Thursday - May 18, 2006 -- when the key index tanked 826 points.

The other Mondays when the market bled was on may 15,2006 (-463 points) and march 31, 1997 (-303 points).

However, the largest single day fall was recorded on a Thursday - May 18, 2006 -- when the key index tanked 826 points.









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