FILE PHOTO Traders have a nice time as BSE Sensex surges to hit new record high of 23,572.88 points, ahead of the exit poll results in Mumbai on May 12, 2014. (Photo: Sandeep Mahankal/IANS)

How Experts Reacted as Sensex Crashed Most in Seven Years, 4th in History

As the investors from worldwide are worried about Chinese economy, markets witnessed bloodbath today, the Sensex recorded an intra-day fall of 1,153.16 points till noon, fourth highest ever recorded in history.

It is the biggest crash in about seven years and the fourth biggest for the BSE benchmark index Sensex. Today’s fall is biggest since October 24, 2008. Out of top ten intra-day falls,  eight took place in the year 2008 when the global recession haunted all economies and markets alike.

The currency has opened at 66.47 per dollar as it is the lowest level for the first time since September 2013, another pointer at an inevitable downturn in the economy, markets and industry.

Here are some experts, while some of them on lighter side taking a dig at the government.

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